JD Edwards World Product Costing/Manufacturing Accounting
JD Edwards World Product Costing/Manufacturing Accounting
Improve profitability If you use commodities, operate in inflationary economies, or serve volatile markets,
analysis. you especially need to monitor your actual manufacturing costs closely. This ideal is
also true for the increasing number of enterprises that are moving from mass
Easily adapt costing production to mass customization. With such “market-of-one” strategies, product
line, or even single products, can change from one production run to the next. These
methods to changing
issues often make standard costing an unrealistic method of deriving realistic cost of
requirements. goods sold.
• Machine
• Overhead
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are able to establish the costing detail necessary to adequately maintain acceptable
margins based on who’s buying the product, as well as its components and
manufacturing location.
Is a standard cost for the item sufficient across the company? Is visibility into
average item cost at individual branches or locations required? Or do you need to
track the actual cost for each item lot? With Product Costing/ Manufacturing
Accounting, all these options are available.
Depending on your business requirements, you can select one or both of these:
• Standard costing: When there is so little variance from run to run that it adds
little value to assess actual product component and manufacturing costs.
Through product costing and reporting, you will be able to store and retrieve cost
information. Product Costing/Manufacturing Accounting also provides
informational inputs to your company’s business plan. Furthermore, you can
evaluate the following manufacturing processes to determine the impact to your
company’s bottom line:
• Manufacturing budgets (direct labor, indirect labor, and overhead)
• Product design (design and manufacturing engineering)
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goal is to help make you stronger, enabling you to solve your most important
business challenges. We make you stronger by dedicating ourselves to continually
enhancing the value of our solutions, not only with software research and
development but also with superior consulting, education, and training support. As
your long-term business partner, we will work with you to help ensure that our
solutions grow and change with your business—making your technology investment
an asset that increases in value over time.
Feature/Function Highlights
• Item cost level options:
• Company-wide
• Branch/plant
• Location and lot number
• Standard
• Weighted average
• Material
• Labor, direct and indirect
• Machine
• Overhead
• Cost extras
• Cost simulation
• Scrap, shrink, and yield measurements
Solution Integration
• Financial Management
• Human Capital Management
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