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Introduces the principles of cost management in production and explains how organisations structure cost information across manufacturing processes.
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ERP Cost Management Fundamentals in Production
This is part of Finance Fundamentals Package
ERP Cost Management Fundamentals in Production
This is part of Finance Fundamentals Package
Self - paced Programme Overview
This self - paced programme is part of Finance Fundamentals Package by our expert Bartosz Tyrala. Manufacturing organisations use ERP systems to structure, allocate and interpret cost information across production processes. This course introduces the fundamentals of cost management in ERP environments and explains how business processes, cost centres and production orders are represented. Through clear explanations and practical examples, learners understand how ERP systems organise cost data and how costing concepts are described within production contexts..
Programme Structure
Key Module 1: Foundations of Cost Management in Production
Key Module 2: ERP Systems: Integration and Business Process Overview
Explains how ERP systems integrate business processes and how cost management is represented within system-wide structures.
Key Module 3: Key ERP Components for Cost Management
Introduces key ERP components used in cost management and explains how system elements structure cost data and relationships.
Key Module 4: Structuring Cost Centres and Production Orders in ERP
Explains how cost centres and production orders are defined and how they structure cost allocation in ERP environments.
Key Module 5: Cost Allocation: Linking Cost Centres to Production Orders
Explains how costs are allocated between cost centres and production orders and how these relationships are represented in ERP systems.
Key Module 6: Calculating Unit Product Costs Using ERP Data
Introduces how unit costs are calculated and explains how ERP data is used to represent cost structures for products.
Key Module 7: Enhancing Cost Transparency and Profitability with ERP
Explains how ERP systems represent cost transparency and how cost information is structured to support understanding of production costs.
Key Module 8: Applying ERP Cost Management in Real-World Production
Explains how ERP cost management concepts are described in production contexts and how costing structures appear in operational environments.
Key Module 9: Knowledge Check and Reflection
Provides a structured review of key concepts and supports understanding of ERP cost management terminology and frameworks.
Business Outcomes
Learners understand the concepts and terminology used in ERP-based cost management. They recognise how ERP systems structure cost centres, production orders and cost allocation, and can explain how cost data is represented within manufacturing processes.
Is this right for your organisation?
Suitable for organisations introducing teams to ERP-based cost management concepts. Relevant for professionals in manufacturing, finance or operations who need to understand how ERP systems structure and represent production costs.
Programme Impact
The course creates a shared understanding of ERP cost management concepts and terminology across teams. This supports clearer communication and more consistent interpretation of cost structures within manufacturing organisations.