Summary:
To better understand the Xvantage Global Cost Engine (GCE), it is necessary to know the pain points it addresses.
Each country has its own independent systems that require coordination between teams to get a simple validation done. Because of this, manual hours are spent mostly on data ingestion, modification during and after sales, which often leads to data errors. Without data consolidation and automation, the business is not able to set price points based on the current market, thereby translating to missed opportunities. Below are some FAQs that an Associate may find useful to better understand the Global Cost Engine of Xvantage.
Table of Contents:
What are the positive outcomes since GCE was created?
Who are the various associate personas impacted by GCE?
What updates should a user expect from the GCE?
Question 1: What are the positive outcomes since GCE was created?
Answer:
There is now a standardized base cost data ingestion across the globe.
Users are provided with automated base cost validation through rules engine.
There are now base cost approval and exception workflows.
Order and Quote update triggers are provided.
Notifications and reporting are enabled through the new platform.
Real time cost updates to ERP from hours to seconds.
Question 2: Who are the various associate personas impacted by GCE?
Answer:
Question 3: What updates should a user expect from the GCE?
Answer:
Users will move away from pulling catalog data into master excel sheet for comparison.
The system will pull the necessary inventory and cost data for a user to lookup in the UI, so there will be no need to pull that through Macros.
The system will automatically compare the old and new base costs and can make decisions based on pre-defined rules from the users.
The system will identify exceptions in case of discrepancy when rules run.
The system will provide an ability for authorized users to go and take the next set of actions in case of validation discrepancy.
The system generated notification of cost updates received from vendors will also be sent.
The system will schedule and update ERP systems on real time (from hours to seconds).
Users of MDG (from countries that use MDG) to update the base cost will now move to GCE UI.