iWAREHOUSE | Cost-to-Serve
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From Big Data to Actionable Analytics
Detailed cost-to-serve visibility at the transaction level by employee, process, customer, and other factors is critical to understand your true cost to operate. Activity-based costing gives you the ability to track the cost to perform specific activities, so you can see where you are winning and where are you losing. iWAREHOUSE Cost-to-Serve approach takes big data and translates that into quick, actionable analytics to help drive business decisions.
Some Examples:
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+ What customers or unique work tasks make or lose money + Evaluate value and savings driven by continuous improvement projects (Slotting, Equipment, Process refinement) + Understand every single process in your operation and its cost so that you can better price your services to optimize profitability |
+ Calculate the costs of indirect labor and unaccounted time (Missing Time) + See the cost impact of new hires, overtime and temporary employees + Accurate and timely feedback for better and faster decision making + Eliminate the pain and cost burden of trying to do in-house activity-based cost accounting |