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The Production module
is designed for Formula based manufacturing - not Bill
of Material. Our deep experience in this area ensures
that the fundamental issues have been correctly addressed;
multi-level formulas, production and costing formulas,
yield based formulas with by-products, manufacturing
sequences, unlimited text instructions, manufacturing
cost addons, margins, formulated cost rollups based
on market and inventory costs, batch ticket entry, production
entry, audit trails and reports.
The recording of production entry relieves ingredients
and updates finished products. Weighted average, FIFO,
Standard and Lot costing are all addressed via Inventory
Costing production usage and receipt transactions.
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Formulated production integrated
with commodity management
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Provides the foundation for
cost-plus pricing |
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Risk management of ingredients
via forecasting and hedging reporting |
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Lot number tracking from production |
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