What is 'processing cost' in SAP MA-SMOPS - SmartOps?

processing cost - Overview

• Component: MA-SMOPS

• Component Name: SmartOps

• Description: The per-unit cost of manufacturing and assembly for each stocking point.

processing cost - Details

• 
  Key Concepts: 
  Processing cost is a term used in SAP's MA-SMOPS SmartOps module. It refers to the cost associated with the processing of materials, such as labor, energy, and other overhead costs. It is used to calculate the total cost of production and can be used to identify areas of improvement in production processes. 
  
  How to use it: 
  Processing cost can be used to track and analyze the cost associated with production processes. It can be used to identify areas of improvement in production processes, such as reducing labor costs or increasing efficiency. It can also be used to compare different production processes and determine which one is more cost-effective. 
  
  Tips & Tricks: 
  When calculating processing costs, it is important to consider all factors that may affect the cost, such as labor, energy, and overhead costs. Additionally, it is important to consider the long-term effects of any changes made to production processes, as these changes may have an impact on the overall cost of production. 
  
  Related Information: 
  For more information on processing costs and how they are used in SAP's MA-SMOPS SmartOps module, please refer to the official SAP documentation. Additionally, there are many online resources available that provide further information on this topic.