Project Manufacturing Material Expenses

The data model captures various measures related to materials costs in manufacturing projects, including Provisional Amount, Committed Amount, Actual Amount, Reporting Currency Provisional Amount, Reporting Currency Committed Amount, and Reporting Currency Actual Amount. Views include Manufacturing Detailed Expenses, Supplier Material Costs, Labor Costs, Project Material Expenses, Manufacturing Overhead Expenses, and Total Manufacturing Expenses, offering a comprehensive analysis of expenses breakdown, material costs, labor costs, overhead costs, and total expenses for each project.

Benefits of This Data Model

• Enhanced Cost Analysis: The data model allows for a detailed breakdown of expenses for each manufacturing project, enabling a more accurate cost analysis.
• Improved Decision Making: By providing insights into material costs, labor costs, and overhead expenses, the model supports data-driven decision-making for project management.
• Efficient Budget Allocation: With comprehensive information on expenses, project managers can allocate budgets more efficiently based on historical data and cost projections.
• Streamlined Reporting: The model facilitates streamlined reporting by offering a clear view of total manufacturing expenses, making it easier to track and communicate financial performance.
• Optimized Resource Utilization: By analyzing project expenses at a granular level, the model helps in optimizing the utilization of resources and identifying areas for cost savings.

Key Performance Indicators (KPIs)

• Provisional Amount: The estimated cost of materials for a manufacturing project before any commitments have been made.
• Committed Amount: The total cost of materials for a manufacturing project that have been committed or contracted for purchase.
• Actual Amount: The final actual cost of materials incurred for a manufacturing project.
• Reporting Currency Provisional Amount: The estimated cost of materials converted to the reporting currency for a manufacturing project, before any commitments have been made.
• Reporting Currency Committed Amount: The total cost of materials converted to the reporting currency for a manufacturing project, considering committed or contracted purchases.
• Reporting Currency Actual Amount: The final actual cost of materials converted to the reporting currency for a manufacturing project.

Available Visualizations

View Name	Description
Manufacturing Detailed Expenses	Provides detailed expenses breakdown for each manufacturing project.
Supplier Material Costs	Displays total costs of materials purchased from suppliers for each project.
Labor Costs	Shows the total labor costs incurred for each project in the manufacturing process.
Project Material Expenses	Summarizes all material expenses for each manufacturing project.
Manufacturing Overhead Expenses	Analyzes overhead costs associated with manufacturing projects.
Total Manufacturing Expenses	Aggregates all expenses related to manufacturing projects for cost analysis.