Product Cost Calculation Module |
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Offering full visibility on corporate cost structures
Improved calculations, more competitive pricing
Organizations strive to keep their cost under control
to ensure their economic well beings. Organizations
implementing cost controls are better placed to react
rapidly and effectively to changes in the marketplace.
Understanding and controlling costs efficiently is an
area of growing concern, requiring functional
management mechanisms that work in harmony with
each other.
The CANIAS ERP Product Cost Calculation Module
helps in understanding and managing estimated,
ongoing, and real costs associated with products. In
product development process spanning design stage to
sales, the CANIAS ERP Product Cost Calculation
Module manages critical cost factors and performs
necessary evaluations and adjustments. The system
also facilitates optimal analysis of production costs
associated with multiple parameters and related processing.
Many aspects, one calculation
Unlimited number of parameters can be defined for
product cost table, which allows computations using
factors such as planned production run quantity,
prices, bills of material and exchange rates. Calculation
of formulas and linking of parameters with formulas
are possible, along with recording of program codes
and algorithms, enabling flexible cost calculations.
Several types of calculation templates are available, with the help of parameterization of such factors as
activity types, cost components, and general expense
ratios. Calculations may be executed for a complete
product or for a single component. Alternative
calculations may also be performed and results may be
compared for costs.
As part of the cost calculation process, changes in
prices, bills of material, activity types and currencies are
taken into consideration. Results are saved in
customer-specific database fields.
As an extension of product cost calculation functionality,
the bid cost calculation feature allows calculation of
sales prices using overall production costs, bonuses,
discounts and mark-downs, and further allows the user
to store the results for reference.
Offering full visibility on business costs
The CANIAS ERP Product Cost Calculation Module
displays results in detail, and using a user-friendly
format. Calculations may be performed at a single level
of detail, on levels of detail specified by customer or
across all levels of a product assembly.
In addition to presenting general calculations in the form
of tables, user is provided with data on overall
expenses, detailed position information, cost share of
by-products and fixed and variable costs for further
analysis. User has the option of specifying individual or batch calculation as part of the net-change feature (for
modified components only). The CANIAS ERP system
has a variant configurator that allows products to be
managed per variable attributes (size, color, type etc).
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