Presentation on setting up and using Exact Globe in a Standard Cost environment. Presented to the Exact Globe North America User Group Community on 11/23/2009

1. "I've decided to use standard cost. Now what?" 11/25/2009 Scott Irvin, CPIM General Manager, Special Projects Atlas Material Testing Technology, LLC 4114 N. Ravenswood Ave. Chicago, IL 60613 www.atlas-mts.com

2. Atlas capabilities are based on “NOW”, or “Network… … of Weathering” including equipment, testing, global support, experts Static (Indoor) Accelerated Global Tech Support EMMAQUA Consulting, Custom (KHS) Instruments & Supplies Test Services NOW

8. System Set Up Considerations

9. Set up – System/General/Settings/Inventory Settings

10. Set up – System/General/Settings/Manufacturing Settings

11. Set up – System/General/Settings/General Ledger Settings

12. Set up – System/Logistics/Item Groups Purchase Tab Basics Tab

13. Item Set Up

14. Manufacturing/Setup –

15. Standard Items – Manufacturing/Setup/Items/Basics

16. Standard Items – Manufacturing/Setup/Items/Financial

17. Hour Item – Manufacturing/Setup/Hours/Financial Tab

18. Operations - Manufacturing/Setup/Operations

19. Rule Item – Manufacturing/Setup/Extra Charges/Basics

20. Rule Item – Manufacturing/Setup/Extra Charges/Extra

21. Rule Item – Manufacturing/Setup/Extra Charges/Financial

22. BOM – Manufacturing/Setup/BOM/Operations

23. BOM – Manufacturing/Setup/BOM/Operations Edit

24. BOM – Manufacturing/Setup/BOM/Step Relations Edit

25. BOM – Manufacturing/Setup/BOM/BOM Edit

26. BOM – Manufacturing/Setup/BOM/Extra Charges Edit

27. BOM – Manufacturing/Setup/BOM/Summary

28. Establishing and Updating Standard Costs

29. Purchase Cost – Manufacturing/Items/Batch updates

30. Purchase Cost – Manufacturing/Items/Batch updates

31. Make Item Cost - Calculate from BOM Tab in Item

32. Calculate Cost Price – Manufacturing/To be Processed/Calculate … must be run before cost price of make items can be updated

33. Make Item - Manufacturing/Setup/Items/Batch updates

34. Make Item - Manufacturing/Setup/Items/Batch updates

35. Re-valuation of Inventory – System/Revaluation

36. Re-valuation of Inventory – System/Revaluation … must be done routinely as cost prices are updated

37. Reviewing Results

38. Purchase price variance… … is recorded as part of the purchase invoice process

39. …and is easy to analyze

40. Other forms of variance are more challenging…

41. Production order with extra labor applied…

42. Production Order Completion Report – extra labor

43. Production order completion report (extra item)… … shows variance by item

44. Manufacturing/Production/Actuals … can be exported

45. Review variances – Finance/General ledger/Cards

46. Production Variance Card (Results) by order… … shows the correct (unfavorable) variance

47. The source of the variance is difficult to parse…