Update Cost and Lead Time from Inventory
Explanation
Use
the right mouse button menu option Update Cost and Lead Time to copy
Costing data for all revisions of the part that are not obsolete
(if Costing data is not defined, data from Inventory is used). This menu option is only available if IFS Inventory is installed.
The data retrieved is:
- Lead Time (Part type in Inventory determines whether purchased or
manufactured lead time is sent)
- Standard Cost = Total Level Cost (from Cost set 1 in
Costing, or Estimated Cost in Inventory)
- Material Cost = Level Material Cost + Level Delivery Overhead + Level
Material Overhead (from Cost set 1 in Costing, or
Estimated Cost in Inventory)
- Work Cost = Level Labor + Level Sub Contract + Level Overhead 1 + Level
Overhead 2 (from Cost set 1)
- Last purchase price = Total Standard (from Cost set 3)
- Average purchase price = Total Standard (from Cost set 4)
Cost set is defined in Costing and all the cost sets must have been
calculated. Important tips is to use right template for the cost set. Cost set 1
can not be calculated, and must be copied from another cost set. For
manufactured parts the structure in Manufacturing Standard will be used. This
structure may be transferred from the engineering part revision's structure, see
Engineering Revision Transfers for more
information.
A sum of Labor and Machine Hours on the defined operations
will be fetched from Routings in Manufacturing Standard, in addition to Cost and
Lead Time. See Routing/Routings for more information.
Prerequisites
- The part must be registered in
Inventory
Part.
- To use calculated cost data from Costing, you must enter
cost data in
Part
Cost, and perform cost calculations for a cost set. The
calculated cost set must then be copied to cost set 1. If this is not done,
estimated cost will be fetched from Inventory into Material Cost and
Standard Cost.
System Effects
- Lead time, standard cost, material cost, work cost, last purchase price, and
average purchase price are updated according to the costs in Costing or
Inventory. The costs will be fetched from site (in Costing or Inventory) defined
by the PDMCON_SITE attribute in
Product Basic Data/Defaults.
- Work hour is updated with a sum of labor and machine hours from
Routing.
These data will be used when running Roll
Up Cost Calculation.
Window
Engineering
Part Revision
Related Window Descriptions
Engineering
Part Revision/Revision
Engineering
Part Revision/Additional
Inventory
Part
Part
Cost
Engineering Revision Transfers
Routing/Routings
Procedure
- Select the part for which you want to update the information.
- Select the Update Cost and Lead Time menu option.
- In the appearing dialog box, select if you want to perform the calculation
in batch.