Quotation Overview

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Many companies use pre-determined pricelists and item prices to simplify their quoting process. They would simply select and item from the item list and the price is added to the quote grid

If you have to start from the beginning and calculate a price, many companies follow the general process of:

MATERIALS
• Listing the materials required
• Calculating how much of each material is required
• Adding a profit margin to the cost of these materials

OPERATIONS
• List the labour operations required
• Calculate how much time is required for each operation
• Charge out that time at an appropriate factory rate that covers overheads
• Add in some standard costs to cover incidentals

• Add the total cost of materials & time cost and add a further profit margin

M-Power Templates

The m-power quoting system follows the same principles as above however the process is automated by calculations that are assigned to each material and operation. We start with a template which contains three key elements

LAYOUT
Layout is where common information is entered which may apply to all operations and materials in the quote - for instance the product dimensions, number of colours, the number of overs required. The layout section does not contain costings.

MATERIALS
Each material is added to the quote list and inherits both the calculation method defined in the material profile, and the basic details inherited from the Layout screen.

OPERATIONS
We list each operation that is required to manufacture the product. For each operation the system inherits the calculation method defined in the operation along with the details from the layout section.

Total Cost

The system adds up the total cost of the materials and operations and a further margin can be added. When the total cost is copied to the grid, the system calculates a unit cost by dividing the total cost by the quantity This process is covered in greater depth in the introduction to wizards. To complete a wizard it is important that the items and operations have their calculations correctly assigned. This is covered in sections on Materials Calculations and Operations.

These are the building blocks to the templates that are used in M-Power

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