“What-If” Costing using Dynamics AX 2012 R3

Microsoft Dynamics AX offers a nice set of tools for quickly performing a “what if” analysis on the impact of price changes (labor costs, material costs, or both) on the standard cost of manufactured items with multi-level bills of materials.

A high-level summary of the process is as follows:

  1. Setup a Cost Version of type = Planning that has a Fallback Principle = Active costs
    • This allows us to define “what-if” costs where applicable, while referring back to the current standards wherever a “what-if” cost is not entered.
    • This allows us to run the what-if analysis while only having to key into the system the incremental changes
  2. Make the proposed changes to the labor rates and/or raw material costs at any level in the product structure/BOM, assigning the changes to the new “What-If” costing version.
    • Update the price in the Cost Category form to perform what-if analysis based on labor rate changes
    • Update the cost price of an item on any level of the BOM/Formula to perform what-if analysis based on material purchase price changes
  3. Run a Cost Calculation for the “What-If” costing version on the top-level FG item.

This article was written by Matthew Boese, Partner at Tridea Partners, a Gold Certified Microsoft Dynamics Partner.

 

We are Excited to Announce Tridea Partners is Attending Craft Brewers Conference | Will We See You There?

Join Tridea Partners at the Craft Brewers Conference April 10th -13th in Washington, DC! https://www.craftbrewersconference.com/

The Craft Brewers Conference (CBC) is the only industry event that serves both brewpubs and packaging breweries. The Craft Brewers Conference and BrewExpo America® is presented by the Brewers Association, a recognized leader in the national and international brewing arena.

The Craft Brewers Conference

Stop by Booth #3202 and see how other Brewers utilize the Microsoft Dynamics solutions in partnership with Tridea Partners to grow their businesses!

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Columbus acquires the IT services company Tridea Partners

Norwell, MA – January 9, 2017 – Columbus (OMX: COLUM) announces today that it has acquired Tridea Partners, LLC, (Tridea) a prominent California-based ERP and CRM services provider in the food and beverage and life sciences industry.

“We are pleased to announce the acquisition of Tridea. Tridea’s deep industry expertise, paired with Columbus’ history of providing leading services and solutions to this market, will strengthen our mutual ability to transform our clients’ businesses and build lasting relationships,” says Keld Olsen, Business Unit Leader, Columbus US.

Since its founding in 2004, Tridea has built substantial market share and today services more than 200 customers in the western United States.

“We are confident that through the acquisition, Tridea has enhanced our ability to provide exceptional services to our clients through the combination of coast-to-coast reach, global presence and the extensive resources of Columbus,” says Andy Collins and  Andy Collins and Matthew Boese, Partner, Tridea Partners

Tridea has 29 employees and is headquartered in San Diego, CA. Tridea will operate under the name Tridea – a Columbus company.

Today, Columbus has coast-to-coast representation in the United States with 27 offices and more than 300 employees.

  

About Columbus

Columbus is an international consultancy serving clients worldwide. We are experts in developing and providing business applications to the food, manufacturing and distribution industries. We’ve proved this through more than 25 years of experience and over 6,000 successful implementations. Columbus has offices and partners around the world. www.columbusglobal.com 

About Tridea Partners, LLC

Tridea Partners is a leading provider of Microsoft Dynamics AX, Microsoft Dynamics GP and Microsoft Dynamics 365, with a focus on the Food/Beverage and Life Science industries. Tridea implements ERP applications, CRM solutions, accounting software and business applications through a proven and experienced methodology.  This methodology focuses on understanding the core business processes of an organization, then configuring and implementing these systems unique to an organization’s end-to-end business processes and key requirements. www.trideapartners.com

Are you ready for 1099 reporting?

1099 REPORTING IS JUST AROUND THE CORNER!

Tridea recommends that you start testing your 1099 reports to allow plenty of time for report refinements.

We recommend that you:

  • Start reviewing your vendors for potential 1099 recipients
  • Begin identifying amounts to be reported as 1099
  • Print test reports to verify form alignment

Tridea is here for you!  Please contact us for training or questions at info@trideapartners.com .