Cost Roll Ups who does it and when?

Yahoo Archive
1
I'll second that. This is how our company does it. The thing to add is that purchased parts with BOMs under them are special. If Vantage sees that a revision has a BOM attached, it rolls up the cost of the part and overwrites the cost you entered at the purchase part level. In our case, it's printed circuit boards we buy. Since the resistors, capacitors, etc, don't have any cost (or very little), they get rolled up and a board the was $60 is now $2.53 because of the parts underneath. To solve it we had to create an empty revision called "COSTROLLUP" and then a script to give it the newest date out of all the revisions. Since that revision doesn't have any parts under it, the cost at the top level is not overwritten. After the cost rollup is complete, we run the script to push "COSTROLLUP" one day before the latest revision so production can function as normal.


--- In vantage@yahoogroups.com, "Stan Chmura" <schmura@...> wrote:
>
> A possible solution to this would be the process I use. That is create the
> BOM, including estimates for any components that are new and do not yet have
> a cost. (That is done by adjusting the cost to the part using "Cost
> Adjustment".) Then do the cost roll up for the parent part. Obviously the
> result is not an actual cost, but is much closer than without any cost for
> the new components. After the job is completed those estimates are reviewed
> and adjustments made to the parts or job where necessary.
>
>
>
> _____
>
> From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
> Dave Eaton
> Sent: Wednesday, March 18, 2009 9:15 AM
> To: vantage@yahoogroups.com
> Subject: [Vantage] Cost Roll Ups who does it and when?
>
> We've been having an issue ever since we implemented Vantage. Who's job is
> it to do the Cost Roll Up on an assembly and when should it be performed.
> Our consultant said it's the engineer's job to do the cost roll up and it
> should be done when the BOM is released. The engineers argue that it can't
> be done when the BOM is released because new parts don't have costs
> associated with them until they're received. Will the everything including
> the assembly automatically adjust cost after parts under the assembly are
> received or does the roll up have to happen again?
>
> Can anybody direct me on the proper procedures for this?
>
> Thanks in advance for your help.
>
> Dave
>
>
>
> [Non-text portions of this message have been removed]
>
2
We've been having an issue ever since we implemented Vantage. Who's job is it to do the Cost Roll Up on an assembly and when should it be performed. Our consultant said it's the engineer's job to do the cost roll up and it should be done when the BOM is released. The engineers argue that it can't be done when the BOM is released because new parts don't have costs associated with them until they're received. Will the everything including the assembly automatically adjust cost after parts under the assembly are received or does the roll up have to happen again?

Can anybody direct me on the proper procedures for this?

Thanks in advance for your help.

Dave
3
A possible solution to this would be the process I use. That is create the
BOM, including estimates for any components that are new and do not yet have
a cost. (That is done by adjusting the cost to the part using "Cost
Adjustment".) Then do the cost roll up for the parent part. Obviously the
result is not an actual cost, but is much closer than without any cost for
the new components. After the job is completed those estimates are reviewed
and adjustments made to the parts or job where necessary.



_____

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
Dave Eaton
Sent: Wednesday, March 18, 2009 9:15 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Cost Roll Ups who does it and when?

We've been having an issue ever since we implemented Vantage. Who's job is
it to do the Cost Roll Up on an assembly and when should it be performed.
Our consultant said it's the engineer's job to do the cost roll up and it
should be done when the BOM is released. The engineers argue that it can't
be done when the BOM is released because new parts don't have costs
associated with them until they're received. Will the everything including
the assembly automatically adjust cost after parts under the assembly are
received or does the roll up have to happen again?

Can anybody direct me on the proper procedures for this?

Thanks in advance for your help.

Dave



[Non-text portions of this message have been removed]
4
In our company, the person who creates the jobs rolls up the cost. Our
engineering department notifies her when the BOM has been double checked.
She keeps a list of these. When we get orders for the new parts, she then
has an average build quantity. She puts in the average build quantity in
the Costing lot size field (Part maintenance on the Plant tab in the MRP
planning box). Then she rolls up the cost. If you do not put in a Costing
lot size, Vantage assumes that you are building parts in quantities of 1 and
the burden cost goes through the roof.

I won't presume to tell you how to run your company, but I will offer this
advice. I would give the Cost roll up job to the person who knows the
Costing lot size, but have them make sure the BOM is correct first.

Just my 2 cents

Jeff



From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
Dave Eaton
Sent: Wednesday, March 18, 2009 9:15 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Cost Roll Ups who does it and when?



We've been having an issue ever since we implemented Vantage. Who's job is
it to do the Cost Roll Up on an assembly and when should it be performed.
Our consultant said it's the engineer's job to do the cost roll up and it
should be done when the BOM is released. The engineers argue that it can't
be done when the BOM is released because new parts don't have costs
associated with them until they're received. Will the everything including
the assembly automatically adjust cost after parts under the assembly are
received or does the roll up have to happen again?

Can anybody direct me on the proper procedures for this?

Thanks in advance for your help.

Dave





[Non-text portions of this message have been removed]