Manufacturing | Supply Chain Management
Product Costing
Standard, actual and variance, separated by cause.
What it does
Inside Product Costing.
A margin problem is traced to the operation or the purchase that caused it.
01
Cost roll-up through bill and routing with overhead rates
02
Standard and actual cost held in parallel
03
Purchase price, usage, yield and rate variance analysis
04
Cost simulation before a standard is released
Where it sits
Part of Manufacturing.
MRP Material requirements from one netted demand picture. Bills of Material Product structure with versions, alternates and effectivity. Routings Operations, work centres and times that drive cost and capacity. Production Orders The order that consumes material and creates cost. Shop Floor Confirmations that reach stock and cost immediately.
Run Product Costing against your books.
A working session on your structure and a month of your documents.