The cost of labour is one of the most important items in the income statement. In large manufacturing groups, where there are numerous variables that determine it, it is extremely important to have tools capable of adequately calculating both the planned cost of labour and that in the final balance.
This takes into account both the actual data and the forecasted indicators – layoffs, raises, leave, overtime, transfers, labour shifts etc… – which altogether contribute to the definition of a monthly management rate for the qualification – workers, employees, managers – and of the production plant or legal entity.
CCH Tagetik has a set of functions to support the definition of a data-mart for storing the original data, including the details of each single serial number and which is able to calculate both the final balance and forecasted rate, enabling the what-if analysis on the numerous planning levers.
This allows you to keep the same control model and it gives detailed or aggregated reporting during the registration, qualification, cost center, plant and legal entity axes.
