Better planning and response to business factors.What-if analysis of business factors – commodities, volumes, product mix, new items etc. with component based benchmarking, basis driven costs Provide real-time visibility to stakeholdersĪdvanced analysis of supplier pricing, proposals etc.Realtime reporting – savings tracking, trends against commodities etc. Generate COGS forecasts using the latest information – demand forecast, product mix, supplier pricing, commodity futures and more Establish collaborative process with suppliers.Pricing based on contract type – FOB, Formula or any other basis Reduce workload for your purchasing and supplier teams.Improve reliability, timeliness of pricing.Features:ĭigital price management – price submission, approvals and audits This more reliable approach improves store level and investor level reporting and COGS forecasting. With our real-time COGS forecast, chains can analyze more dynamic scenarios, with more accurate commodity and inventory data, and immediately see the impact on cost of goods and margins. However, given the dynamics of commodities, sales, product mix and items, COGS forecast reliability is poor resulting in high restaurant margin risks. Restaurant companies rely on COGS forecasts to protect their margins. The payback is quick with savings in price approval process, reduction in invoice errors, lower accumulated variances with timely price updates and productivity improvement in the supply chain. As a result, pricing reflects the supply chain dynamics in real time for changes in items, commodities (for formula purchases), sales etc. tight integration into the purchasing agreement and automated price auditing. With SCA Planner pricing, there is greater reliability in price management. It works across the supply chain and ensures price control and audits. Digital pricing in SCA Planner meets this critical need. Managing product prices effectively is needed more than before in today’s supply chains.
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