Welcome to our video series: ABI for Job Costing Analysis.
When it comes to Job Costing Analysis, it’s natural to ask a lot of questions:
Are you charging enough for your products?
Are your estimates and quotes an accurate reflection of your costs and prices?
How can you increase revenue on future jobs?
Are some areas of your plant or certain product lines dragging you down?
Where should you focus your process improvement efforts?
These are all questions that can only be answered with a thorough knowledge of what’s happening on your shop floor. Unfortunately, due to the many systems that encompass your manufacturing processes, many ERP systems can only provide shop floor insight on a per-job basis, making it difficult to determine business decisions on a department, site, or company level. This dilemma is a major reason why companies are moving towards Analogyx BI.
At the job level, Job Costing is an essential tool for tracing specific costs to individual jobs and examining them to see if the costs can be reduced in later jobs. Meanwhile, analyzing Job Costs on higher levels provides a powerful tool for process improvement, supply chain management, sales growth, and increased profits.
Analogyx BI’s web-based platform allows users to compile data from multiple data sources across the shop floor, enabling the analysis of manufacturing processes from the company level down to individual product jobs. Analogyx BI has a complete set of tools that provide insight into the Production and Job Management areas of your company.
Drill down into Job Costs by Company (if multi-company), Job Costs by Plant (if multi-plant), Job Costs by Customer, Job Cost by Part Class, Part Group, Part Number, Description, Type and even the Job Number to perform a Root Cause Analysis, down to the Job Level and further drill into Job Assembly, Job Material, and/or Job Summary.
Job Cost Analysis from Corporate Level down to Job Level — another reason why companies are choosing Analogyx BI to drive their business success forward. Join Analogyx BI, and get visual.