With Stratic Consumer Goods companies can achieve unparalleled insight and efficiency in cost management and profitability:

• Accurate Manufacturing Cost Calculation

Calculate the actual cost to manufacture each product by manufacturing site, providing valuable insights to drive strategies that reduce variances caused by current standard costing practices.

• Cost Simulation for New Product Introductions (NPIs)

Simulate the cost of new product introductions by leveraging historical bills of materials, manufacturing, and delivery costs of similar products in the current portfolio, ensuring accurate and informed planning.

• Logistics and Storage Cost Measurement

Measure costs associated with product storage, handling, and transportation, enhancing negotiating power with third-party logistics providers (3PLs) and driving cost reductions.

• Logistics Efficiency Improvement

Drive logistics efficiency by benchmarking activity-level logistics costs across distribution centers, identifying, and replicating best practices to optimize operations.

• Operational Budgeting and Planning

Use historical operational costs and transaction volumes to calculate operational budgets and plans based on forecasted product demand, ensuring financial preparedness and operational efficiency.

• Channel-Based Profitability Measurement

Measure product profitability based on the cost of the selected channel or route to market, ensuring that pricing accurately reflects the incurred channel costs and enhances overall profitability.

• Customer-Level Profitability Insights

Use customer-level profitability insights to inform pricing decisions and terms of sale, ensuring that every transaction contributes to the bottom line.

• Profit Impact Analysis of Incentive Programs

Measure the profit impact of incentive programs at the product level, ensuring that promotional spend, slotting fees, volume rebates, consumer discounts, and other incentives contribute to both top-line growth and bottom-line profitability.