Can you optimally price your goods and services? Do you have sufficient visibility into cost drivers and end-to-end production processes?
You need market-linked should-cost modeling software.
With GEP NEXXE supply chain software, you can create and view structured, multi-layered should-cost models that respond to price movements in market indices. Gain better visibility into raw material and manufacturing cost drivers to achieve final estimates closer to your target price while unlocking cost savings along the way.
Should-Cost Modeling Tools That Drive Business Transformation
GEP NEXXE features a wide range of should-cost analysis services including market-index based forecasting, predictive analytics and direct data transfer to sourcing management.
Real-time User Alerts and Recommendations
Get instant updates about changes to cost model values and suggested steps to reduce costs with integrated full-feature dashboards
Price and Trend Analysis
Accurately forecast with an AI-based engine that analyzes existing prices, trends and market indices and compares should-cost against actuals
Unified, Collaborative Functionality
Upload multiple cost models and seamlessly connect third-party databases and disparate systems to gain real- and near-real-time data for accurate cost estimates
Historical Evolution of Cost Models
Compare costs and market indices over time, and drill down into each element in a model for greater visibility into cost drivers and cost breakdown structure
Price Element Library
Gain insights for price negotiation by accessing cost structures with elements linked to market indices
Integration with Sourcing
Compare suggested prices with historical prices on POs, contracts and bids and seamlessly integrate with sourcing price sheets
Why Choose Our Cost Modeling Software Tool
- Setup Easily: Create multiple cost models using a library of ready-to-go cost elements and user-driven configuration process
- Get Total Visibility: Engage in stronger, more confident negotiations with suppliers with a complete, 360-degree view of cost structure
- Use Predictive Analytics: See, compare and act on pricing trends and cost fluctuations before they occur to future-proof operations
- Automate Tasks: Eliminate the need for manual intervention by setting up a cost modeling solution
