Course Description for Costing Basic

This course includes information on the following processes:

Introduction 

Basic Data and Requirements 

Define Costs

Cost Calculation 

Maintain Costing Data 

The course also includes an Introductory chapter which gives the student a course overview through a lesson in basic principles and key terms and a lesson explaining the main process data, together with an initial exercises chapter which gives the instructor an opportunity to show a basic flow of the course in the application through some exercises.  

Course Length

The estimated time to complete this course is 17.5 hours.

Target Audience

This course is designed primarily for application consultants within engineering and manufacturing.

Introduction

This chapter provides an introduction to costing. It includes information that you need to know before beginning the lessons in the other chapters. 

This chapter introduce you to IFS Costing.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, manufacturing standards regarding product structure, and product routing.

Chapter Length

The estimated time to complete this chapter is 30 minutes.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Basic Data and Requirements

This chapter covers how to setup basic data, and costing templates.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, costing, manufacturing standards regarding product structure, and product routing.

Chapter Length

The estimated time to complete this chapter is 6 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Define Costs

This chapter covers how to define costs connected to different objects in the system.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, costing, manufacturing standards regarding product structure, and product routing.

Chapter Length

The estimated time to complete this chapter is 2 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Cost Calculation

This chapter covers how to calculate part costs.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, costing manufacturing standards regarding product structure, and product routing.

Chapter Length

The estimated time to complete this chapter is 4 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Maintain Costing Data

This chapter covers how to maintain costing data.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, manufacturing standards regarding product structure, product routing, and calculating costs.

Chapter Length

The estimated time to complete this chapter is 5 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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