Cost Management, Profitability, and Performance in the 21st Century was the title of the seminar conducted by MyABCM in partnership with Deloitte at the University of Antofagasta in Chile on May 8.
With presentations by Marco Crutchik, Dean of the Faculty of Engineering, André Sanseverino, VP of Sales and Marketing at MyABCM, and Pablo Morales, Senior Manager at Deloitte Chile, the seminar discussed the importance of Cost Management and Profitability especially for companies in the mining and service sectors, demonstrating the flexibility of the MyABCM solution in these areas.
The functionality of the MyABCM tool and global Cost Management case studies were presented where the implementation of the solution was the decisive factor in the success of the strategic decisions taken.
Currently large companies are suffering from lower profit margins and diverse and increased costs. This together with the complexity of products, services, clients and channels, makes cost management more and more vital to assertive decision making.
MyABCM’s software provides the complete foundation necessary to answer the most pressing questions of companies today:
What types of costing information will your company need over the next few years?
How much do your suppliers cost in each process of your value chain?
How do you administer costs shared between different operations and projects?
How do you determine your pricing?