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How to Utilize COGS

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Written by Support

Use this guide to configure Cost of Goods Sold (COGS) in Confido at the product or product family level. Once configured, Confido uses your COGS values to calculate gross profit and return on investment in the Promo Performance module and displays COGS as a row in your Consumption and Ship-To forecasts.

  1. Select Products from the left nav

  2. Click Manage COGS

  3. Click Add COGS Configuration

  4. Select either Product or Product Family

  5. Input the monthly values

  6. Click Save

Now, to understand how to

  1. Navigate to the Net Sales view by clicking Trade (left hand nav) and then Summary

  2. Under Metrics toggle on COGS

  1. Now, you will see the COGS displayed as a row in both the Consumption and Ship To Forecast

  2. This value is being derived from the number of units (actuals or forecasted) * the inputed rate from above

  1. To learn more about the Net Sales view here

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