Features
Nowadays, knowing your exact costs is crucial for the development of a successful company. The solution offered by Datatex for cost management is one of the pillars of the application.
Costing Module takes care of Multi Plant/Multi BOM/ Multi Routing scenarios for Product Costing.
It manages Price Simulation, Standard, Budgeted and Actual costing as per organizational requirements. It is based on BoM, Routing and Internal Price Lists. It allows to dynamically calculate both standard and real cost for an infinite combination of production alternatives.
Costing module will allow to Article, Production unit and Lot(Production Demand/Order) wise cost calculation.
It allows detailed analysis at cost Element Level, Cost Group Level, Cost Product Level, Cost Center/ Work center level etc.
It allows plan v/s actual, controls and analysis: Actual costs available with comparisons between, standard, planned, actual. These are calculated perpetually as production progresses, can be seen by period and once production orders are closed.
Benefits
Knowledge of the different costs of the same product as the production plant or order size varies
Multiple user-definable versions and simulation groups for costs and components
Definition of production plans by period, in order to determine the contribution margins
Calculating standard costs per item, Bill of materials and work cycle
