Planned against actual cost for every production order. Materials, labour and machine time rolled up into the real cost of each batch in MG Factory.
Essential
Batch costing
Planned cost
KWD 420.500
Actual cost
KWD 438.250
Batch variance
+KWD 17.750
Today Production costs rely on an old spreadsheet formula that ignores recent material price increases, leaving sales to quote from guesses.
With MG Factory Planned costs update from active component purchase prices in the BOM and work centre hourly rates in the routing before work begins.
Today Damaged raw materials and extra components consumed on the shop floor go unrecorded per batch, hiding wasted stock until annual inventory counts.
With MG Factory Operators log scrap and additional component issues directly on work centre tablets, including them in the actual material cost of the batch.
Today Overtime, machine setup delays and extra workstation time are absorbed as general expenses instead of charged to the specific production run.
With MG Factory Timers and work orders on shop-floor tablets record actual operator hours and machine run time against the batch, updating true labour costs.
Today The plant manager cannot see which batches ran over budget, so management cannot tell which manufactured items generate profit or run at a loss.
With MG Factory The batch costing screen displays planned versus actual costs with clear variance for materials, labour and machine time across every order.
Materials, labour and machine time rolled up into the real cost of each batch, showing variances between planned estimates and actual production.
Products, sub-assemblies and by-products with quantities, scrap and routings calculate planned material and operation costs before production starts.
Operators start, pause and finish work orders on a tablet at each work centre, capturing exact operator labour and machine hours for the batch.
Instructions, timers and scrap reporting where the work happens log defective parts and extra component usage directly into actual batch costs.
Finished goods enter inventory at their actual manufactured cost, updating warehouse valuation and stock records across lots and serial numbers.
Production costs land in your accounts in KWD to 3 decimals, with variance reports by product, batch and period to evaluate factory performance.
Create a production order to calculate planned costs based on bill of materials component prices and work centre hourly labour and machine rates.
Deduct components from inventory as materials are issued to the shop floor, with scrap and extra parts recorded on tablets at the work centre.
Operators log time on work centre tablets as they start, pause and complete operations, tracking actual labour and machine hours for each run.
Compare planned against actual costs on the batch screen, inspect material and labour variances, and receive finished products into stock at actual cost.
Planned costs come from the multi-level bill of materials component prices and the routing operations, multiplying planned labour and machine hours by each work centre's hourly rate.
Actual cost captures components issued from inventory, scrap logged by operators on work centre tablets, and actual labour and machine time recorded using workstation timers.
Yes. Finished goods enter warehouse stock at their actual production cost, and every material issue, purchase and cost variance lands in your accounts in KWD to 3 decimals.
There are no per-user fees. In Kuwait, Essential is KWD 45 per month per system with a one-time KWD 100 setup and 3 free support hours. Business and Growth AI are quote-based.
You own your data. Export cost sheets, variances and production orders to Excel or CSV at any time, and choose to host on the regional cloud or your factory's own server.
Book a free 45-minute demo prepared around your bill of materials, work centres, production orders and actual costs.
See the load on every work centre and move orders before bottlenecks form.
Learn moreKnow what is missing for each production order and raise purchase orders for components from the same screen.
Learn moreInstructions, timers and scrap reporting where the work happens.
Learn more
