Industry Solution

Large Equipment | Project & Equipment Costing and Profitability

Collects material, labor, subcontracting, purchasing, overhead and field-service costs by project, equipment, WBS, work order and delivery object, comparing budget, quoted cost and actual cost for project/equipment profitability.

Large Equipment | Project & Equipment Costing and Profitability
01 Business Challenge02 Solution Logic03 Core Capabilities04 GT Product Fit05 Value06 Demo
01
BUSINESS CHALLENGE

Why the current approach does not scale

Project-based equipment spans sales, engineering, purchasing, production and field service. Cost data is scattered across transactions, making it difficult to see budget commitments, unit-level actual cost and projected margin in time.

02
SOLUTION LOGIC

How GT solves it

Use project/WBS/equipment serial as cost objects. Automatically collect material issues, labor, purchasing, subcontracting, overhead and field-service costs and continuously compare them with quoted cost, budget and estimate-at-completion.

03
CORE CAPABILITIES

Turn business constraints into system capabilities

01Project, WBS, equipment and work-order cost objects
02Automatic collection of material, labor, subcontracting, purchasing and overhead
03Quoted / budget / actual / EAC comparison
04Unit, project-stage and overall profitability analysis
05Cost anomaly and budget-overrun alerts
04GT PRODUCT FIT

Composable capabilities, not an isolated application

PLM + ERP Lite provides the project/manufacturing/cost backbone. Epicor customers can extend the same model through Epicor Services, while DataEx Hub brings in external expense and field data.

05
BUSINESS VALUE

Outcomes should be measurable by the business

01

Earlier detection of overruns and margin erosion

02

Drill down from project cost to equipment and cost drivers

03

Less manual month-end allocation and reconciliation

04

Better quotation feedback and future cost baselines

DEMO

Trace quoted cost to actual cost per equipment unit

See a large equipment project collect budget, purchasing, material, labor, subcontract and installation costs automatically and calculate projected margin in real time.

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