Operation Costs
This widget displays the YTD data for four KPIs.
- The KPI displays the data for the selected fiscal period as well as all prior fiscal periods within the same year.
- The Company and Site fields must be specified in the Filter section.
- The KPIs consider only the production orders for which the Order Status is set to Completed, Closed or Archived in the Production Orders (tisfc0501m000) session.
For this KPI:
- If the actual value is negative, the value is displayed in Green colour.
- If the actual value is positive, the value is displayed in Red colour.
These KPIs are displayed in this widget:
- Labor Cost Variance
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Labor Variance represents the difference between estimated and actual labor costs.
This KPI displays the YTD utilization and the trend between the current year and previous year.
Formula:
Labor Cost Variance % = 100 * Labor Cost Ratio – 100Labor Cost Ratio = Labor Actual Amount / Labor Estimated Amount - Machine Cost Variance
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Machine Variance represents the difference between estimated and actual machine costs.
This KPI displays the YTD utilization and the trend between the current year and previous year.
Formula:
Machine Cost Variance % = 100 * Machine Cost Ratio – 100Machine Cost Ratio = Machine Actual Amount / Machine Estimated Amount - Overhead Cost Variance
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Overhead Variance represents the difference between estimated and actual overhead costs.
This KPI displays the YTD utilization and the trend between the current year and previous year.
Formula:
Overhead Cost Variance % = 100 * Overhead Cost Ratio – 100Overhead Cost Ratio = Overhead Actual Amount / Overhead Estimated Amount - Subcontracting Cost Variance
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Subcontracting Variance represents the difference between estimated and actual subcontracting costs.
This KPI displays the YTD utilization and the trend between the current year and previous year.
Formula:
Subcontracting Cost Variance % = 100 * Subcontracting Cost Ratio – 100Subcontracting Cost Ratio = Subcontracting Actual Amount / Subcontracting Estimated Amount