Process industry costing

Product Costing & Cost Management for the Process Industry

We all know that the Process Industry is different and that Product Costing software that has been designed for assembly manufacturers only 'sort of' works. To enable the Process Manufacturer to gain the same benefits as other manufacturing industries, SBM: Solutions have been designed to address directly the issues facing Process Manufacturing companies.

If you have:-

a complex mix of products that changes frequently

high research and development costs

material costs that fluctuate in line with commodity prices

and you need to manage:

different quality choices as well as the by-products generated during the manufacturing process

yields, potency and waste

recipes and formulations that use different units of measure and require decimal precision

transfer costs and inter company margin

SBM: Solutions will deliver all of the key capabilities you need to manage your Product Costs and Profitability.

SBM Cost Management is unique in providing fully costed Recipe and Formulation Management as a standard function that is fully integrated into its Activity Based Process Model. So by including materials, by-products, quality choices, waste and yields with energy, machine occupancy times and the manufacturing process route in your product cost model, you can see at the touch of a button each product and its accumulated costs as it progresses from primary materials through to packaged finished product and final delivery to the customer.

By using generic industry rules, automatic dependency calculations and cost and time equations SBM's Activity Based Process Model makes Product Costing for the Process Manufacturer easy. It translates simple inputs into sophisticated cost models that deliver accurate, validated costs within minutes.

For companies that manufacture:

Metal & steel

Pulp & paper

Pharmaceutical

Semi conductor

Chemcial

Food & beverage

products, SBM: Solutions enable you to effectively manage all of your manufacturing, supply chain and product development costs and they provide the accurate and time information you need to make keycommercial decisions.