1. Equipment Cost Analysis Implementation Guide
  2. JD Edwards EnterpriseOne Equipment Cost Analysis Overview

JD Edwards EnterpriseOne Equipment Cost Analysis Overview

As a complement to the JD Edwards EnterpriseOne Capital Asset Management (CAM) product, the JD Edwards EnterpriseOne system provides companies with the ability to perform detailed cost analysis on the equipment that they own and maintain. Equipment cost analysis benefits companies that use a variety of equipment and need to identify current problem areas or track increasing operational costs that point to future problems. For example, you could compare the maintenance costs for a group of related equipment over a number of financial years, or compare the maintenance costs for a type of equipment operating under a number of different operating environments or across different sites.

The JD Edwards EnterpriseOne Equipment Cost Analysis functionality is designed to supplement existing financial inquiries by providing the tools to analyze existing equipment cost information that is based on equipment coding rather than account coding. JD Edwards EnterpriseOne Equipment Cost Analysis enables you to generate and review cost summaries for equipment and assets. Cost summaries are based on relationships that you define for equipment. These relationships can be hierarchical, which are based on a hierarchy of equipment records; and logical, which are based on category codes that you use when setting up equipment and assets. For example, to summarize costs at the truck level, a trucking company might define a hierarchy relationship between all of the components of a vehicle. A utility company might establish category code relationships that represent different circuits to compare costs across different circuits.

With the JD Edwards EnterpriseOne Equipment Cost Analysis system, you can:

  • Define groups and subgroups of equipment or assets that you want to include in cost analysis.

  • Summarize costs that are based on the parent/child hierarchical relationship between equipment records.

  • Review the total cost of maintaining an equipment assembly when, due to its size and critical role, the assembly has been broken down into components for history and cost tracking.

  • Summarize costs that are based on equipment category code relationships between equipment records.

  • Review the total cost of maintaining a specific type of equipment or an equipment group within a production plant, including the costs that are associated with the equipment components.