One part. The ERP says $2.55. The true cost is $3.37 once freight and the 20% tariff are added. That's $0.82 missed on every part, or $54,154 a year at 66,000 parts
One part. The ERP says $2.55. The true cost is $3.37 once freight and the 20% tariff are added. That's $0.82 missed on every part, or $54,154 a year at 66,000 parts.
Freight bills, customs entries, and outside processing arrive after the PO, and your ERP never sees them. Quotes and margins get built on incomplete costs.
Intuidy syncs your data sources and keeps every cost current:
↳ It picks up each vendor invoice and checks every line against the PO and the receipt.
↳ It adds freight and tariff to each part, so the cost is what you paid.
↳ It finds lost profit across your products: $2.08M in 90 days in this example.
↳ It prices each product from its real cost to protect your margin.
↳ It sends approved costs to your ERP in one import file.
Every cost true. Every product priced right.
See it on your own data: intuidy.com
Example numbers from Ridgeline Industrial Equipment, a demonstration company.
0:00 The $0.82 you can't see
0:24 Reading the invoices
0:56 The true cost
1:11 Where the profit goes
1:29 Pricing it right