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The
eyelit Manufacturing™ | Costing, is a intuitive application
aiding production engineers, quality engineers, compliance
officers, and financial planners in understanding the
true cost of producing goods and business processes.
Designed to be independent of the Manufacturing Execution
System (MES), Eyelit Asset Management and Quality
systems, Eyelit Costing integrates easily with existing
systems to provide easy acquisition of necessary and
relevant data used to determine detailed costs of
goods produced, quality, compliance, maintenance, or
any business process. The highly configurable solution
assists in achieving healthy bottom lines by providing
precise calculation of any organization's standard
operational costs.
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COST
MODEL INDEPENDENCE
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By
isolating the cost model from other systems, the cost
model can be updated only when necessary. With a separate
cost model, finance executives no longer need to worry about
updating the cost model with every minor change to
a process. Eyelit Costing's graphical, cost-modeling
manager, allows users to rapidly configure and map
costs from overhead, direct material, and direct or
indirect labor objects to any process. These mapped
costs are used to interpret WIP and material movement
in the MES and ultimately determine the costs of goods
produced. |
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COST
RUNS AND REPORTS
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Scheduled
or on demand, Eyelit Costing cost runs occur when
the user needs the information. Cost runs take the
cost model and apply it to a relevant operating period,
capturing all relevant cost data events. Returned
data is then formatted in several reporting structures
for determining costs. For example, costs can be view
for an entire production area, down to the individual
serialized production unit, cost of maintenance (including
spare parts) for a specific tool or cost of compliance
for a specific product. Data can also be exchanged
easily with external systems, like ERP, for synchronization
of absolute costs. |
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WHAT
IF?
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Planning
cost impacts like raises or vendor part cost changes
can be challenging to any organization. Eyelit Costing
allows financial planners to understand how costs
will affect the organization before they occur. By
plugging in and running against previous operating
periods, financial planners can capture the impact
of costing changes to the organization. |
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CONFIGURE
AND APPLY CALCULATIONS
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Eyelit Costing is distributed with
several calculations for costs that are affected by
various operational procedures like scraps, material
conversions, splits, maintenance tasks, and CAPAs.
Understanding costs of production units is dependent
on the costing application ability to interpret and
apply the correct costs. Eyelit Costing empowers the
end user by allowing the application of these unique
cost calculations at different levels in the cost
model.
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