Update Cost and Lead Time from Inventory
Explanation
Use the command 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 command 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.
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.
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 PDM/ Basic DataDefaults.
- Work hour is updated with a sum of labor and machine hours from Routing.