Method for Automatic Reflection of Estimates in Response to Fluctuations in Raw Material Costs for Pharmaceuticals
Quick response to fluctuations in raw material costs! Automatic reflection in estimates and provision of justification.
In the pharmaceutical industry, fluctuations in the cost of raw materials directly impact product profitability, necessitating prompt and accurate responses. Particularly, if changes in purchase prices are not quickly reflected in estimated prices, it can lead to disadvantages in price negotiations and potential lost opportunities. When purchase price ledgers, estimate creation, and selling price masters are managed in separate Excel files, it becomes difficult to centralize information, often resulting in delays in responding to price increase notifications from manufacturers. To address these challenges, our product automates the entire process from registering revisions of purchase prices to recalculating costs and calculating recommended selling prices, facilitating rapid responses to fluctuations in raw material costs and clarifying the rationale for price increases. 【Usage Scenarios】 - Quick response to price increase notifications from raw material manufacturers - Management of price fluctuations from multiple suppliers - Understanding the impact of raw material cost fluctuations on product estimates 【Benefits of Implementation】 - Reduction in estimate creation time - Presentation of substantiated figures in price negotiations - Mitigation of raw material cost fluctuation risks - Stabilization of profitability
- Company：Anomaly
- Price：Other
