The challenge: known sales… but murky profit
The company knew its sales but not the true profit of each product. Product-cost calculation was done manually over two days, so it was late and stayed an estimate with a wide margin of error. Purchase orders were prepared with heavy effort and no clear link to inventory. Material waste was high because no one saw its cost in real time. The result: repricing decisions were delayed by a full month.
- Product cost calculated by hand over two days.
- An estimated, low-accuracy profit margin per product.
- Purchase orders prepared manually with no link to inventory.
- High material waste whose cost was hard to track in real time.
The solution with Qoyod: every product’s cost clear through cost centers
The company unified purchasing, inventory, and cost centers on Qoyod, where cost centers link expenses to products and production-cost reports appear in real time. Four capabilities made the difference:
Cost centers that link the expense to the product
Cost centers distribute expenses across products and lines, so each product’s cost becomes clear instead of staying a murky aggregate figure.
Production-cost reports and inventory management
Inventory and warehouse management combine material movement with production-cost reports, so waste and loss surface early and are easier to cut.
Purchasing and purchase orders linked to inventory
Purchasing management links purchase orders directly to inventory, speeding up their preparation and cutting errors in quantities and prices.
Instant financial reports for pricing decisions
Because purchasing, inventory, and cost live in one system, financial reports appear in real time, speeding repricing decisions from monthly to weekly.
Results in numbers: before and after Qoyod
“We knew our sales, but we did not know the true profit of each product. Qoyod made the picture clear.”
CFO · Manufacturing
Why manufacturing specifically?
In manufacturing, the line between profit and loss hides in product cost and waste. When cost is calculated by hand and stays an estimate, pricing decisions are delayed and the margin quietly leaks away. Linking purchasing and inventory to cost centers and production-cost reports in one system exposes each product’s cost in real time, so the pricing decision and the waste-cutting decision rest on a number rather than a guess. That is why Qoyod’s impact on this company was control over cost, not just tidier books.