Digital Cost Models

Use our Digital Cost Model Tool to move beyond static spreadsheets and guesswork. Get a live, production-ready view of what a product should cost, how each input contributes, and where negotiation levers sit across suppliers, processes, grades, and regions.

About Our Tool

The Digital Cost Model offers a clear view of how supplier prices are built, converting engineering and financial inputs into interactive cost breakdowns. It supports should-cost analysis, scenario comparison, and stronger negotiation decisions.

About Our Tool

Bring clarity to production costs— compare scenarios, validate suppliers, and drive stronger cost decisions with one unified digital model.

  • Full Cost Breakdown

    Clear visibility across all cost components

  • Historical Cost Progression

    Track cost movements over time

  • Sensitivity & Scenario Analysis

    Test assumptions and cost drivers

  • Editable Simulator

    Adjust inputs and recalculate instantly

  • Multi-Product & Process View

    Compare products, grades, routes

  • Global Cost Benchmarks

    Evaluate costs across regions

  • Digital Repository & Version Control

    Centralized, auditable cost models

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What Procurement Teams Gain
  • Transparent, production-grade should-cost models for priority categories
  • Stronger negotiation positions with defensible cost breakdowns
  • Faster pricing decisions when markets move
  • Shared view of costs across procurement, finance, operations, and leadership
  • A living cost repository instead of scattered spreadsheets and email threads
Dashboard Example

Case Studies

Stronger Supplier Negotiations

Validate supplier cost breakdowns with a detailed should-cost model

Separate genuine cost changes from price padding

Build fact-based negotiation decks with visuals pulled directly from the dashboards

Stronger Supplier Negotiations

Our Methodology for Building Digital Cost Models

We follow a structured approach so that every digital cost model is reliable, repeatable, and easy to maintain.

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01

Data Collection & Structuring

Data is sourced from ERP systems, contracts, technical documents, and market databases, then standardised into a unified cost structure.

02

Process Mapping

Manufacturing routes, material usage, utilities, and site overheads are mapped to reflect real plant operations.

03

Cost Model Development

Costs are calculated using engineering logic and market inputs, with assumptions kept transparent and traceable.

04

Validation & Refinement

Outputs are validated against historical costs and supplier quotes to improve accuracy.

05

Digital Deployment & Enablement

The model is deployed into interactive dashboards, enabling scenario analysis and ongoing updates.

TESTIMONIAL

What They Say About Us

"Digital cost models have changed how we talk to suppliers. We now walk into reviews with a clear, quantified view of what the product should cost and which levers matter."

Procurement Lead

Procurement Lead

Global FMCG

"The simulator and sensitivity views save weeks of manual recalculation. We can change feedstock prices or yields in seconds and see the impact on cost immediately."

Cost Engineer

Cost Engineer

Chemical Manufacturer

"For strategic materials, this is now our single source of truth for should-costs. It has raised the quality of budgeting and negotiation discussions across the board."

CFO

CFO

Industrial Products Company

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Frequently Asked Questions