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Cost Analysis Workflow

Product/project cost analysis with ABC costing, profitability analysis, and cost reduction recommendations

Complexity: Complex | Duration: 30m+ | Category: Professional/Hr

Tags: #cost-analysis #profitability #abc-costing #efficiency #savings

Workflow Diagram

Steps

Step 1: Define cost objects

Agent: cost

analyst - Identify products, projects, customers to analyze

Step 2: Collect cost data

Agent: financial

analyst - Gather direct costs (COGS), indirect costs (overhead)

Step 3: Allocate overhead

Agent: cost

analyst - Assign shared costs using activity-based costing

Step 4: Calculate unit costs

Agent: cost

analyst - Determine cost per unit, per customer, per project

Step 5: Analyze profitability

Agent: profitability

analyzer - Compare revenue to fully-loaded costs

Step 6: Identify cost drivers

Agent: cost

analyst - Determine what causes costs to increase

Step 7: Recommend cost reductions

Agent: efficiency

expert - Suggest process improvements, vendor negotiations

Step 8: Model impact

Agent: financial

analyst - Quantify savings from recommendations

Usage

To execute this workflow:

/workflow professional/hr/cost-analysis-workflow.workflow

See other workflows in this category for related automation patterns.