What is non-recurring engineering in SAP XAP-CQM - Cost and Quotation Management (SAP xCQM)?

SAP Term: non-recurring engineering

• Component: XAP-CQM

• Component Name: Cost and Quotation Management (SAP xCQM)

• Description: An activity required by the company manufacturing a product. Non-recurring engineering activities must only be performed once to set up an environment for manufacturing the requested product.

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• Key Concepts:
  Non-recurring engineering (NRE) is a term used in the software industry to refer to the cost of developing a new product or feature. It includes the cost of research and development, design, testing, and other activities that are necessary to create a new product or feature. NRE is typically a one-time cost that is not repeated for subsequent versions of the product or feature.
  
  How to use it:
  In SAP xCQM, non-recurring engineering costs can be tracked and managed using the Cost and Quotation Management (CQM) module. This module allows users to track and manage all costs associated with developing a new product or feature, including NRE costs. The CQM module also provides users with tools to analyze and compare different cost scenarios, allowing them to make informed decisions about their product development costs.
  
  Tips & Tricks:
  When tracking non-recurring engineering costs in SAP xCQM, it is important to ensure that all costs are accurately captured and tracked. This includes both direct and indirect costs associated with the development of a new product or feature. Additionally, it is important to ensure that all costs are properly allocated across different departments or teams involved in the development process.
  
  Related Information:
  For more information on non-recurring engineering costs in SAP xCQM, please refer to the official SAP documentation on Cost and Quotation Management (CQM). Additionally, there are several online resources available that provide detailed information on how to track and manage NRE costs in SAP xCQM.