The Importance of Cost Accounting in Supply Chain Management

The Importance of Cost Accounting in Supply Chain Management

Supply chain management is one of the most important factors in today's businesses. An effective supply chain management enables businesses to fulfill their responsibilities more easily and to take a new perspective. In addition to their own ecosystems, businesses can affect the ecosystems of their suppliers from time to time, this effect can be expressed as an optimal option to work with the right supply sources.

One of the most important strategic moves in supply chain management is the purchasing process. The most important point of an effective purchasing process is supplier selection. The supply of raw materials for the different needs of the producers can sometimes cause negative losses in terms of cost and time factors. Working with the right suppliers will positively affect your business and you not only in terms of cost but also in terms of time. In the global market ecosystem, this process can progress in a complex way, it is possible to minimize the negative effects of the supply chain today, when traditional methods have lost their effect and the software age has begun. You can advance your supply chain vigorously and stably in a wide range from supplier selection to optimal prices, from reasonable target price calculation to experience and offers. A software that transforms your business's historical offer and production data into supplier models with a mathematical method and uses these models for target price calculation and experience evaluation will be one of the most suitable opportunities for you.

This type of software:

⦁ Separate Calculation for Each Supplier with Supplier Based Models,

⦁ Experience and Capability Evaluation for Each Supplier,

⦁ Adjustment of Inflation Effects with Escalation Algorithms (According to a Certain Index),

⦁ Avoiding Cost Losses with Optimization Algorithms,

⦁ 3D Geometry Reading and Automatic Calculation,

⦁ Cloud Based or On-premise Usage,

⦁ 3D Geometry Reading and Automatic Calculation,

⦁ 3D Geometry Reading and Automatic Calculation,

Costifier is also the most suitable artificial intelligence software to improve the negative situations at the supply chain point. A rational progress in the purchasing processes as well as the production process is possible with the Costifier. With the Costifier, you can shorten these processes and make the right decisions while creating a purchasing plan. With the Costifier, you can get the most optimal and rational cost estimate for each manufacturer before you even get the offers. Thus, you will obtain all the criteria required for the smooth running of your supply chain.

It is important to keep the supply chain vigorous and efficient. You can contact us for detailed information, easy procurement processes and effective software.