Dashboard – Manufacturing Management – Performanance Dashboards

Use the Manufacturing Management dashboard to view manufacturing performance:
• Compare actual production values with planned production values.

• View standard and actual costs, and cost variances, for all closed jobs. (Standard costs include material, resource, outside processing, and overhead costs.)
• View all open jobs for which there is an unrecognized cost variance—that is, the cost charged is greater than the standard cost for the job.

• Compare the total, actual material cost that is charged to completed jobs (jobs with the status of completed-no charge, canceled, or closed) with the standard material cost.

• Compare the value of utilized resources and available resources, and view the percentage resource utilization.
• View actual and standard resource costs, and the resource variance, for all completed jobs (jobs with the status of completed-no charge, canceled, or closed). View the actual and standard hours for a resource and the resource efficiency, for all completed jobs.

• View scrap values, compare these with gross production values, and see the percentage of scrap, for all jobs (open or closed).

Manufacturing Management KPIs
Manufacturing Management key performance indicators (KPIs) are described in this section.
KPI Deƒinitions

Production to Plan: (Produced Standard Value / Planned Standard Value) * 100 The Produced Standard Value is the total quantity of assembly completions for each item in the selected time period, multiplied by the cost of the item when the baseline plan was collected. The Planned Standard Value is the total quantity of the item on firm and planned orders in the selected time period, multiplied by the cost of the
item when the baseline plan was collected.

This KPI shows how production values compare to planned values, as a percentage.

Production Value: The Production Value is the net of WIP Completions value and WIP Returns value, into the Inventory Asset Account. All WIP returns in a discrete job are processed as of the return transaction date.

Manufacturing Cost Variance: [(Actual Cost – Standard Cost) / Standard Cost] * 100
Actual cost charged to all closed jobs, as a percentage of the standard cost for all closed jobs (standard cost of production).

Material Usage Variance: [(Actual Usage – Standard Usage) / Standard Usage] * 100
Actual Usage is the actual quantity of components issued to a job for an
assembly, multiplied by the Actual Cost. (The actual quantity issued to a job is the quantity issued from inventory to work in process.) Standard Usage is the standard quantity of components in the assembly, multiplied by the Actual Cost. (

This KPI shows how much material was consumed as compared to the standard material consumption.

Resource Utilization: (Resource Cost Charged / Cost of Resources Available) * 100
Resource Cost Charged is the resource hours charged to all open and closed jobs, multiplied by the standard cost of the resource on the date of the resource transaction. Cost of Resources Available is the available hours specified on the resource calendar for a selected period, multiplied by the standard cost of the resource during that period.
This KPI shows the extent to which available resources are utilized.

Resource Variance: [(Actual Resource Cost – Standard Resource Cost) / Standard Resource Cost] * 100
Actual Resource Cost is the resource hours charged to a completed job, multiplied by the actual cost of the resources based on each resource transaction. Standard Resource Cost is the standard resource hours for a job, based on the actual routing used, multiplied by the standard cost of a resource at the time of completion.

This KPI shows the resource cost charged as compared to the standard resource cost.

Scrap: (Scrap Value / Gross Production Value) * 100
Scrap Value is the value of scrap generated across all item categories, obtained from all scrap transactions. It is the cost that was charged to an assembly that was scrapped. Gross Production Value is the cost of work in process completions into inventory (minus returns), plus Scrap Value.

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