The solution is integrated in the SAP Product Lifecycle Costing and includes real worldwide up to date market data like personnel- and machine costs, raw material prices, overhead cost structures of companies and location factors for accurate product should costing and review of competitiveness.
The Should Costing Solution App is integrated in the SAP Product Lifecycle Costing. The solution includes real worldwide actual market data to calculate product should costing with machine hourly rates, relocations, competitive comparisons for all industries and technologies.
The costdata® commodity price tracker gives you full transparency about the development of your cost structures. Our tool is based on current benchmark data and shows you exactly how individual cost drivers - such as material, energy, personnel, packaging, transport or overheads - have changed over time. This allows you to understand whether a price increase is justified, underpin your negotiation strategy with facts and make market-driven decisions. Strengthen your negotiating position and uncover potential savings in price negotiations.
Having used the platform for product development and pricing, this reviewer finds it essential for accurate cost estimation and competitive pricing. The data can sometimes lack realism and does not account for tax barriers at the country level.
View Full ReviewCostdata GmbH is a German-based company specializing in cost engineering and cost management solutions. Their offerings include software tools designed to estimate, analyze, and optimize costs across various industries. Services provided by costdata aim to improve cost transparency and enhance financial decision-making processes for businesses. The company focuses on helping organizations streamline their product cost calculations, allowing for more effective budgeting and resource allocation.