Module 05 · ControlNew
Management Control Module.
Actual costs, quote vs actual, job margins.
Actual costs, quote vs actual, job margins.
For every job ITeM compares the value of the revision it comes from with the committed cost (declared hours valued at the cost list, plus purchases ordered) and the incurred cost (hours and purchases received). Jobs that have already exceeded the quote come first. The expected margin uses the quote until it is exceeded, then the real cost.
| Cost item | Quoted | Committed | Incurred | Deviation |
|---|---|---|---|---|
| Machining | €48,600 | €41,200 | €37,900 | −7,400.00 |
| Steels | €18,400 | €19,950 | €19,950 | +1,550.00 |
| Standard parts and components | €9,800 | €8,700 | €6,300 | −1,100.00 |
| Treatments and coatings | €5,750 | €2,100 | €2,100 | −3,650.00 |
| Total | €82,550 | €71,950 | €66,250 | −10,600.00 |
| Job | Main item | Hours over | Purchases over |
|---|---|---|---|
| C0121 | Machining | +62 h | +€3,400 |
| C0122 | Steels | +38 h | +€2,870 |
| C0126 | Machining | +46 h | — |
| C0112 | Steels | — | +€1,550 |
The dashboard adds up the overruns on open jobs: machining over the revision hours, purchases over the quote.
On the shop floor each operator declares labour and machine hours per operation. Actual-cost reports compare them with available and planned hours, by work centre and by operator: machine utilisation and shift coverage.
The cost of jobs not yet shipped or closed at the chosen date: material delivered to the shop floor, hours, external operations returned. Download it to Excel for the year-end close.
Overruns on open jobs added up: hours over the revision, purchases over the quote.
For each job, item by item, the revision value next to the real costs.
Declared hours and ordered purchases, kept apart from hours and purchases received.
Calculated on the quote until it is exceeded, then on the real cost.
Declared labour hours compared with revision hours, without going through a price list.
Hours declared per operation, collected by work centre and by operator.
Declared hours vs available and planned hours: machine utilisation and shift coverage.
The cost of jobs not shipped or closed at the chosen date.
Work in progress downloaded to Excel for the year-end close.
Management Control is activated with Planning; with Purchasing it also counts materials and external operations.
We'll show you how ITeM compares quote and actual, job by job.