For manufacturers, there is little more important information than that relating to production costs. Erroneous costing can lead to loss of opportunities, customers or the very business itself.
In a time where flexibility in product design, configuration, and customer options is paramount, knowing what it will cost to make must be based on the very latest information; information on the cost of materials, labour and consumables.
NetSuite provides excellent functionality on the continuous update of costs for materials and the Bill of Materials functionality easily permits the inclusion of labour and consumable costs. It does not, however, provide for detailed analysis of a manufactured item’s cost structure.
AVT’s Manufacturing Costing Analysis tool remedies this by providing:
- Multi-level BOM costing
- Component Level details
- Materials, Labour and Other costs analysis
- Support for NetSuite Basic and Advanced Bills of Material
- Excel export capability
AVT recognises that simply presenting the costs is only part of an analytic solution and has added What-if functionality covering:
- BOM of Material version selection (Advanced BOM only)
- Location of Manufacture capability
- Batch size options
- Stock Availability outcomes
This solution is of significant value to manufacturing businesses dealing with complex BOMs and situations where the product configuration varies order by order.
AVT is confident that senior and operational managers will gain great value from this webinar.
Webinar Agenda and Format
The Webinar steps through the setup and operation of the functionality using a combination of slides and live demonstration.