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What
SBM: Cost Management Solutions enable you to define
SBM:
Solutions provide a flexible cost modeling environment that enables
you to build product cost models and use costing methods that
are in line with the needs of your business. It
is a relational database application that uses a fast, high
performance calculation engine to handle large, complex models
quickly and efficiently.
In
order to build your product cost models and analyse your cost data
you need to define some or all of the following data:-
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General
ledger codes and cost allocation tables
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Resources,
including cost-to-serve resources
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Activities
and processes
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Materials
and components and the scrap, waste, by-products and quality choices
produced, either in a Bill of Materials or Recipe structure or in a
summary or 'generic' format
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Standard,
actual, forecast and budget price tables, either imported or set up locally
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Machine
speeds, throughput rates, process times or the cost
and time equations
and tables of data used to calculate machine occupancy times and the
units in which activities and resources are consumed.
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Product
and material attributes such as thickness, width, yield, weight or
quality that are used by data tables, cost and time equations and
automatic dependency calculations
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The
product structure - its hierarchy and genealogy- and the process route
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Customers
and business channels
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Analysis
dimensions, analysis codes and analysis types that are in line with
the analytical accounting needs of your business.
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