Cost of Goods Sold in IS Oil

[Former Member]

Hi Friends,

Could someone help out with what technologies/databases are being used to capture and maintain the Cost of Goods Sold? (e.g., SAP MM examples or something else) ?

I am working on a downstream project for an oil major and would like to determine which technology would be best for storing the cost of goods sold information.

Thanks

Sam

[former_member195032 · Accepted solution]

Hi Sam,

Cost of goods can be determined by any business software.I am big fan of SAP so I will suggest that SAP SD(Sales & distribution ) module will suit best to sales applications.You need to have SAP FI also to cater financial transactions.

Actually SAP ERP package conatins different blocks to cater different needs.

Some of important functionality provided by SAP is

Procure to Pay = SAP MM

Order to Cash = SAP SD

Hire to Retire = SAP HR

Cash to Paymane= SAP FI and these are very much integrated features.

Please see the link mentioned

http://www.sap.com/solutions/business-suite/erp/index.epx

there are lots of brochures /white papers link are available on this page which will give you fair amount of idea about this..

regards,nishant

please reward points if this helps