MATERIALS ESTIMATING OVERVIEW

Use Costpoint Materials Estimating to develop and maintain cost estimates for end items and proposed bills of material. You can establish and maintain proposals and link one or more Proposal Bill of Material (PBOM) to a proposal. Proposals can have multiple revisions associated with them, each revision with a unique set of end items (i.e., standard parts, goods, services, and provisional parts) and quantities associated with it. You can load end item lists into a proposal by loading Project CLIN Lists or Price Catalogs from other Costpoint modules. This module also supports the use of provisional parts, which contain part data for new or proposed parts, but are stored outside the main part master. Although you can list standard and provisional parts, goods, and services on a proposal, you can include standard and/or provisional parts in a PBOM only as assemblies and components.

PBOMs, which are established and maintained in the Maintain Proposal BOM screen, are linked to a single proposal and proposal revisions. A given part will have a different PBOM for every proposal/revision combination in which it is used. You can copy PBOMs from existing Engineering BOMs, Manufacturing BOMs, or other Proposal BOMs.  If a proposal is accepted, you can copy the PBOM into the EBOM and/or MBOM tables, at which time you can also convert provisional parts into standard parts. You can link each PBOM to a user-defined Work Breakdown Structure (WBS) code for additional sorting and cost rollup options, and you can use the Perform PBOM Mass Component Change application to replace and/or delete component parts for PBOMs.

The Compute Proposal Item Costs process calculates and reports PBOM and proposal costs. It will look up PO, MO, and quote history for individual parts in the PBOM and will roll up PBOM lines to determine costs at the PBOM end item and proposal levels. Lead time information can also be rolled up and reported. You can manually maintain costs in the Maintain PBOM Cost Estimates screens.

If additional cost information is needed, you can use the Select RFQs from Proposals and Create RFQs for Proposals screens to generate RFQs to one or more vendors for one or more proposal items. You can enter the results of the RFQs into the system as vendor quotes and they will be linked back to the appropriate proposal item when costs are recalculated.

Each proposal, proposal bill of material (PBOM), and cost source will be linked to a specific company ID. Cost information will display in both transaction and functional currency amounts.

Similar to Costpoint Bills of Material, if you selected the Separate Items By Company checkbox in the Product Definition Corporate Settings subtask of the Product Definition Settings screen, new items will automatically be linked to the company of the user that enters the items, and only items linked to that company can be utilized in a proposal or PBOM. Users logged into other companies will not be able to use these items in proposals or PBOMs. Provisional parts are always available to all companies, regardless of the Separate Items By Company checkbox setting.

You can also have multiple bills of material records that are linked to different companies with the same Assembly Part (and revisions, if the Allow Multiple Revisions for Each Item checkbox is also selected in Product Definition Corporate Settings subtask).