This pre-conference session will focus on cost estimates with quantity structure associated with Product Cost Planning (CO-PCP). We'll explain the processes which use a cost estimate to define the standard price of material, including creating the cost estimate, marking, and releasing. We'll present the concepts of the costing variant and valuation variant to show how you determine the source of costs in the cost estimate. We will explore the uses of alternate costing variants and valuation variants so you can use the cost estimate to make better decisions. Finally, we'll discuss errormanagement and troubleshooting.
Understand the different ways you can use cost estimates
Discover how costing variants and valuation variants dictate the purpose of a cost estimate and the source of the costs
Discuss how you include the various components of cost (material, manufacturing, overhead) in the cost estimate
Learn how you can use costing variants to provide useful “what if” information
Tom Kingrecently retired from Milliken and Company, a leading manufacturer of specialty textiles, floor covering, and chemicals based in Spartanburg, South Carolina with global manufacturing facilities, where he was a Senior Business Analyst. He has more than 30 years of experience at Milliken in manufacturing and product costing. Tom was lead CO analyst involved with the SAP implementation worldwide. He has written three SAP books: Practical Guide to SAP CO Templates, SAP S/4HANA Product Cost Planning Configuration and Master Data, and SAP S/4HANA Product Cost Planning Costing with Quantity Structure.