“Product Pricing” – User Story Backlog – Catering “Activity-Based Costing (ABC)”

1. User Story: As a product manager, I want to be able to calculate accurate product pricing using Activity-Based Costing (ABC) methodology, so that I can ensure profitability and make informed pricing decisions.

– Precondition: The company has implemented ABC system and has accurate data on all cost drivers and activities.
– Postcondition: The product manager has access to a pricing tool that uses ABC data to calculate product costs and determine optimal pricing.
– Potential business benefit: Improved profitability through accurate product pricing and better cost allocation.
– Processes impacted: Product pricing, cost allocation, financial analysis.
– User Story description: As a product manager, I want to be able to input the cost drivers and activities associated with my product into the ABC pricing tool, so that I can calculate the accurate cost of my product and determine the optimal pricing strategy. This will help me make informed decisions about pricing and ensure profitability.
– Key Roles Involved: Product manager, finance manager, IT developer.
– Data Objects description: Cost drivers, activities, product costs, pricing data.
– Key metrics involved: Product profitability, cost allocation accuracy.

2. User Story: As a finance manager, I want to be able to generate reports on product costs and profitability using ABC methodology, so that I can analyze the financial performance of different products and make data-driven decisions.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The finance manager has access to a reporting tool that uses ABC data to generate reports on product costs and profitability.
– Potential business benefit: Improved financial analysis and decision-making through accurate cost allocation.
– Processes impacted: Financial analysis, product performance evaluation.
– User Story description: As a finance manager, I want to be able to generate reports on product costs and profitability using the ABC system, so that I can analyze the financial performance of different products and make data-driven decisions. This will help me identify the most profitable products and optimize the allocation of resources.
– Key Roles Involved: Finance manager, IT developer.
– Data Objects description: Cost drivers, activities, product costs, profitability data.
– Key metrics involved: Product profitability, cost allocation accuracy, return on investment.

3. User Story: As a sales manager, I want to be able to access real-time product pricing information based on ABC methodology, so that I can provide accurate quotes to customers and negotiate better deals.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The sales manager has access to a pricing tool that provides real-time product pricing information based on ABC data.
– Potential business benefit: Improved sales performance through accurate and competitive pricing.
– Processes impacted: Sales quoting, negotiation.
– User Story description: As a sales manager, I want to be able to access real-time product pricing information based on the ABC system, so that I can provide accurate quotes to customers and negotiate better deals. This will help me win more business and improve customer satisfaction.
– Key Roles Involved: Sales manager, IT developer.
– Data Objects description: Cost drivers, activities, product costs, pricing data.
– Key metrics involved: Sales revenue, win rate, customer satisfaction.

4. User Story: As an IT developer, I want to be able to integrate the ABC system with the company’s ERP system, so that cost data can be automatically updated and shared across different departments.

– Precondition: The ABC system and ERP system are both implemented and accessible.
– Postcondition: The ABC system is integrated with the ERP system, allowing for automatic updates and data sharing.
– Potential business benefit: Improved efficiency and accuracy in cost data management.
– Processes impacted: Cost data management, data sharing.
– User Story description: As an IT developer, I want to be able to integrate the ABC system with the company’s ERP system, so that cost data can be automatically updated and shared across different departments. This will eliminate manual data entry and ensure that everyone has access to the most up-to-date cost information.
– Key Roles Involved: IT developer, ERP administrator.
– Data Objects description: Cost drivers, activities, product costs, ERP system data.
– Key metrics involved: Data accuracy, data entry time, data availability.

5. User Story: As a CEO, I want to be able to monitor the profitability of different products and make strategic decisions based on ABC data, so that I can drive overall company growth and profitability.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The CEO has access to a dashboard that provides real-time profitability data based on ABC methodology.
– Potential business benefit: Improved strategic decision-making and overall company profitability.
– Processes impacted: Strategic planning, resource allocation.
– User Story description: As a CEO, I want to be able to monitor the profitability of different products and make strategic decisions based on ABC data, so that I can drive overall company growth and profitability. This will help me identify underperforming products and allocate resources more effectively.
– Key Roles Involved: CEO, IT developer.
– Data Objects description: Cost drivers, activities, product costs, profitability data.
– Key metrics involved: Overall company profitability, product profitability, resource allocation efficiency.

6. User Story: As a cost accountant, I want to be able to track and analyze cost variances between actual and budgeted costs using ABC methodology, so that I can identify areas for cost reduction and process improvement.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The cost accountant has access to a reporting tool that tracks and analyzes cost variances based on ABC data.
– Potential business benefit: Improved cost control and process efficiency.
– Processes impacted: Cost tracking, variance analysis, process improvement.
– User Story description: As a cost accountant, I want to be able to track and analyze cost variances between actual and budgeted costs using ABC methodology, so that I can identify areas for cost reduction and process improvement. This will help me optimize cost allocation and improve overall cost control.
– Key Roles Involved: Cost accountant, IT developer.
– Data Objects description: Cost drivers, activities, actual costs, budgeted costs, variance data.
– Key metrics involved: Cost variance, cost reduction, process efficiency.

7. User Story: As a marketing manager, I want to be able to analyze the profitability of different customer segments based on ABC data, so that I can target the most profitable segments and optimize marketing spend.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The marketing manager has access to a reporting tool that analyzes the profitability of different customer segments based on ABC data.
– Potential business benefit: Improved marketing effectiveness and cost efficiency.
– Processes impacted: Customer segmentation, marketing strategy, budget allocation.
– User Story description: As a marketing manager, I want to be able to analyze the profitability of different customer segments based on ABC data, so that I can target the most profitable segments and optimize marketing spend. This will help me allocate resources more effectively and improve the return on marketing investment.
– Key Roles Involved: Marketing manager, IT developer.
– Data Objects description: Cost drivers, activities, customer segments, profitability data.
– Key metrics involved: Customer profitability, marketing ROI, budget allocation efficiency.

8. User Story: As a production manager, I want to be able to track and analyze the costs of different production processes using ABC methodology, so that I can identify areas for cost reduction and process improvement.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The production manager has access to a reporting tool that tracks and analyzes the costs of different production processes based on ABC data.
– Potential business benefit: Improved cost control and process efficiency.
– Processes impacted: Production cost tracking, process improvement.
– User Story description: As a production manager, I want to be able to track and analyze the costs of different production processes using ABC methodology, so that I can identify areas for cost reduction and process improvement. This will help me optimize resource allocation and improve overall production efficiency.
– Key Roles Involved: Production manager, IT developer.
– Data Objects description: Cost drivers, activities, production process costs.
– Key metrics involved: Production cost, cost reduction, process efficiency.

9. User Story: As a purchasing manager, I want to be able to analyze the costs of different suppliers using ABC methodology, so that I can negotiate better pricing and improve supplier selection.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The purchasing manager has access to a reporting tool that analyzes the costs of different suppliers based on ABC data.
– Potential business benefit: Improved supplier selection and cost savings.
– Processes impacted: Supplier analysis, negotiation.
– User Story description: As a purchasing manager, I want to be able to analyze the costs of different suppliers using ABC methodology, so that I can negotiate better pricing and improve supplier selection. This will help me identify the most cost-effective suppliers and optimize procurement processes.
– Key Roles Involved: Purchasing manager, IT developer.
– Data Objects description: Cost drivers, activities, supplier costs.
– Key metrics involved: Supplier cost, cost savings, supplier performance.

10. User Story: As a business analyst, I want to be able to perform “what-if” scenarios using ABC data, so that I can evaluate the impact of different cost drivers and activities on product pricing and profitability.

– Precondition: The ABC system is implemented and has accurate data on all cost drivers and activities.
– Postcondition: The business analyst has access to a modeling tool that allows for “what-if” scenarios based on ABC data.
– Potential business benefit: Improved decision-making through scenario analysis.
– Processes impacted: Cost analysis, pricing strategy.
– User Story description: As a business analyst, I want to be able to perform “what-if” scenarios using ABC data, so that I can evaluate the impact of different cost drivers and activities on product pricing and profitability. This will help me identify cost optimization opportunities and make informed decisions about pricing strategy.
– Key Roles Involved: Business analyst, IT developer.
– Data Objects description: Cost drivers, activities, product costs, pricing data.
– Key metrics involved: Product profitability, cost optimization, pricing strategy effectiveness.

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