| # Production Order Work-in-Process by Cost Component (ticst0553m000) Use this session to display the work in process (WIP) for production orders by cost component. To start this session, start the Display Work-in-Process (ticst0550m000) session and set the Aggregation Level field to By Amount Type. Then, click Continue. Related topics Analyze work in process (WIP) WIP Analysis Date The date for which the work in process are displayed. Production Order An order to produce a specified quantity of an item on a specified delivery date. Calculation Office A work center that determines the enterprise unit for a project or production order and that has an administrative function. For production orders, operations can be carried out in the calculation office, because the calculation office can act as a regular work center. Project A collection of manufacturing and purchasing actions that are performed especially for a particular customer order. A project is initiated by a customer order for items having a To Order order policy. The purpose of a project is to plan and coordinate the production of these items. For a standard-to-order production, the project is only used to link the item with the customer order. Otherwise, a project can include: Customized item data (BOMs and routings) Project planning (activity planning) A budget is a special type of project. A budget is used to plan and estimate, not to carry out production. Order Status The status assigned to a production order, which indicates how far a production order has been processed. For example, Planned, Documents Printed, or Released. Shop Floor Planner The person responsible for printing, (re)scheduling and releasing production orders and managing workloads. Position The position number in the Estimated Materials (ticst0101m000) session. Operation One of a series of steps in a routing that are carried out successively to produce an item. The following data is collected during a routing operation: The task. For example, sawing. The machine used to carry out the task (optional). For example, sawing machine. The place where the task is carried out (work center). For example, woodwork. The number of employees required to carry out the task. This data is used to compute order lead times, to plan production orders and to calculate cost prices. Item The item that is used as a material in production. Task The task performed in the operation. Work Center The work center where the operation was performed. Machine In LN, a mechanical object on which operations can be carried out to produce items. Machines are linked to operation rates. The operation rate and the labor rate together form the basis for the actual costing of production orders. Ownership Indicates if, and at which point in the supply chain, the ownership of goods changes from the supplier to the customer. Ownership changes also occur between departments or business units within an organization. When the ownership changes, payment is due. In traditional, non-VMI scenarios, the ownership of an item changes from the supplier to the customer after the customer has received the item from the supplier. The customer must pay for the item on receipt of the goods. In various subcontracting scenarios, ownership will not change during any of the inbound or outbound warehousing processes. In such cases, the ownership is customer owned. In vendor managed inventory (VMI) scenarios, the ownership can be consigned. If the ownership is consigned, the ownership change is either time based or consumption based. Consumption based The customer issues the goods to sell them or to consume them Time based Some time after: The customer receives the goods The last issue or receipt of the goods For time based ownership change, the period of time is laid down in the contract between the customer and the supplier. Possible values For possible values, refer to Ownership. Related topics Inventory ownership in Warehouse Management Amount Type The type of WIP transactions represented by this record. Possible values Completion A quantity of the main item is reported completed. SLS Issue A completed item is delivered to a customer. Materials Materials are issued for the production order. Operation Costs Hours of work are reported for the production order. Subcontr. Costs Subcontracting costs were made. Surcharges Surcharges were charged to the production order. Eff. Variance efficiency variances Price Variance price variances Calculation Var calculation office variance WIP Transf. (In) A WIP transfer of an unfinished item into a work center for further processing. WIP Transf. (Out) A WIP transfer of an unfinished item to the next work center for further processing. Receipts Receipt of a completed item into inventory. Cost Component A cost component is a user-defined category for the classification of costs. Cost components have the following functions: To break down an item's cost price, sales price, or valuation price. To create a comparison between the estimated production order costs and the actual production order costs. To calculate production variances. To view the distribution of your costs over the various cost components in the Cost Accounting module. Cost components can be of the following cost types: Material Costs Operation Costs Surcharge on Material Costs Surcharge on Operation Costs WIP Transfer Costs General Costs Note If you use Assembly Control (ASC), you cannot use cost components of the General Costs type. Currency A generally accepted medium of exchange such as coins, treasury notes, and banknotes. The following currency types are available in LN: Home currency, which is used internally by companies to calculate costs, record budgets, and register tax amounts Transaction currency, which is used in transactions with business partners, such as orders and invoices Incoming WIP Value The value of the WIP transactions related to unfinished items, materials, and spent hours put into the production order. Booked Results The financial results of, for example, a project or a production order. The results are reported in terms of variances. A variance is the difference between the expected (budgeted or planned) value and the actual value. You can distinguish between price variances, efficiency variances, and additional calculation-office variances. Outgoing WIP Value The value of the WIP transactions related to completed items transferred to inventory. WIP Amount The value of the work in process. WIP Hours The production hours of the work in process. |