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Production Cost, Planning & Control

Tagetik 4.0 manages production planning cycles in a unified, structured and audited environment.

 

Tagetik 4.0 manages production planning cycles of complex organizational structures, in a unified, structured and audited environment.

At the same time, Tagetik 4.0 allows executing production planning in full integration with the other company departments (sales, purchase, HR, ...), assuring maximum coherence in developing strategic plans and viewing data on behalf of all the involved subjects.

The use of a single solution allows reducing planning execution time, improves data transparency, supports decision making and involves all business areas in the business workflow with approval and certification of data at each level.

Tagetik 4.0 supports production companies in this process in order to create value and reduce Total Cost of Ownership.

To support Production Cost, Planning & Control process Tagetik 4.0 delivers:

  • Reconciliation of Financial Statements (purchase and balances and cost of sales)
  • Native management of “Group Approach” (multi-warehouses, multi-plants, etc)
  • Use of “What If” capabilities to perform alternative scenarios of analysis and calculate cost estimates
  • Capability to execute complex calculations involving the whole production structure (per  group, average costs, ...)
  • Inventory closing according to different accounting methods (weighted average, average of consume, etc)
  • MRP-II Systems Compliance
  • Exact allocation of Indirect Costs to the single items to guarantee margin and pricing analysis
  • Unification with cash flow, closing, reporting and consolidation processes
  • Full audit trail
  • Seamless business workflow with approval and certification of data at each level, across all company departments involved in the budgeting process

 

Learn more!