Bill of materials and product cost intelligence
Know exactly what every finished good and production run costs, and know the moment that changes. SinoraIQ connects your supplier invoices, bills of materials, production inputs and inventory data so your product margins are always current, not dependent on manual recalculation at period end.
Automatic real-time BOM costing – as supplier invoices are processed, raw material and component costs update instantly and flow through to every bill of materials and finished good that uses them, so your product margins are always current, not recalculated by hand at period end
Multi-level bill of materials management – build multi-level bills of materials with defined production stages, work orders, sub-assemblies and step-by-step assembly instructions, standardising production and removing reliance on individual knowledge
Component and sub-assembly management – components and sub-assemblies built once and reused across multiple bills of materials, ensuring consistency across production facilities and removing duplication
Batch and yield management – production costs reflect real-world output, not theoretical quantities, so your margin calculations are grounded in what each production run actually yields
Landed cost visibility – freight, customs and duty captured against incoming materials, so the true landed cost of every component flows through into finished good costs
Production inventory and stocktaking – full count, cycle count, spot check, blind count and opening stock all supported, with raw material, work-in-progress and finished goods inventory connected to purchasing, production and wastage
Inventory movements – purchasing, production and wastage data connected so variances surface automatically, with inventory movement reports your accounts team reconciles directly with your accounting system or ERP
Full COGS visibility – cost visibility from raw material through to finished good, covering components, sub-assemblies and production inputs across every production environment
Supplier contract and pricing monitoring – every invoice line monitored against contracted rates and historical pricing, any discrepancy flagged instantly before it reaches your product costs or bottom line
Compliance and quality management – quality control points and compliance requirements defined at component and finished product level, supporting production quality standards and regulatory compliance, including allergen and food-safety tracking for food and beverage manufacturers