Financial Intelligence
Cost Calculation & Analysis
Transform Data into Financial Insights
Calculate real-time costs, track performance against targets, and optimize operations for maximum profitability. Our dynamic cost calculation system turns your TAG data into actionable financial intelligence with instant visual feedback.
Core Capabilities
Powerful Cost Analysis Tools
Dynamic Cost Calculations
Create unlimited cost formulas using any TAG data. Calculate unit costs, efficiency metrics, and performance indicators in real-time with automatic updates.
Target-Based Monitoring
Set targets for each cost metric and get instant visual feedback. Green for success, red for attention needed. Track performance at a glance.
Real-Time Updates
Cost calculations update automatically as TAG values change. See immediate impact of operational changes on your costs.
Multi-Dashboard Support
Create unlimited dashboards for different cost centers, production lines, or time periods. Each dashboard fully customizable.
Flexible Formula System
Divide any TAG by any other TAG. Calculate energy per unit, cost per kilogram, efficiency ratios, and any custom metric you need.
Instant Visual Feedback
Color-coded cards show performance status instantly. Identify problems and successes without analyzing numbers.
Simple Yet Powerful
How Cost Calculation Works
Cost calculations use a simple but flexible formula system that can handle any cost scenario.
The Formula
Result = Numerator TAG ÷ Denominator TAGDivide any consumption or cost TAG by any production or count TAG to calculate unit costs, efficiency metrics, or performance indicators.
Automatic Target Comparison
Result ≤ Target → Green Card ✅ (Success)
Result > Target → Red Card ❌ (Attention Needed)
Set your target value and the system automatically compares results and provides visual feedback.
Dashboard Display
- ✓Large, easy-to-read calculated value
- ✓Target value displayed for reference
- ✓Color-coded background (green/red)
- ✓Numerator and denominator values shown
- ✓Updates in real-time as data changes
Proven Applications
Real-World Cost Calculations
Energy Cost Per Unit
Formula:
Total Energy Consumption (kWh) ÷ Production Count (units)
Result:
kWh per unit produced
Target:
≤ 2.5 kWh/unit
Benefit:
Identify energy-intensive production runs and optimize for efficiency
💰 15-25% reduction in energy costs per unit
Cost Per Kilogram
Formula:
Total Energy Cost (€) ÷ Production Weight (kg)
Result:
€ per kilogram
Target:
≤ 0.45 €/kg
Benefit:
Track unit economics and maintain profitability targets
💰 Improved pricing decisions and margin protection
Press Energy Efficiency
Formula:
Press Energy Consumption (kWh) ÷ Press Count (cycles)
Result:
kWh per press cycle
Target:
≤ 1.2 kWh/cycle
Benefit:
Monitor press performance and detect degradation early
💰 20% reduction in press energy consumption
Cooling System Efficiency
Formula:
Cooling Energy (kWh) ÷ Cooling Output (tons)
Result:
kWh per ton of cooling
Target:
≤ 0.8 kWh/ton
Benefit:
Optimize cooling system operation and maintenance timing
💰 18% improvement in cooling efficiency
Total Production Cost
Formula:
Total Energy + Materials Cost (€) ÷ Total Production (units)
Result:
€ per unit (total cost)
Target:
≤ 12.50 €/unit
Benefit:
Complete cost visibility for pricing and profitability analysis
💰 Data-driven pricing and cost reduction strategies
Downtime Cost Analysis
Formula:
Lost Production Value (€) ÷ Downtime Hours (h)
Result:
€ per hour of downtime
Target:
Minimize downtime cost
Benefit:
Quantify impact of downtime and justify maintenance investments
💰 ROI-based maintenance decision making
Expert Tips
Best Practices for Cost Calculation
- 1Start with the most important cost metrics - don't try to track everything at once
- 2Set realistic targets based on historical data and industry benchmarks
- 3Review cost calculations daily during initial setup to ensure accuracy
- 4Use consistent time periods when comparing costs (same shift, same day of week)
- 5Create separate dashboards for different cost categories for focused analysis
- 6Update targets quarterly as you achieve improvements
- 7Share cost dashboards with operations teams to create awareness
- 8Combine cost calculations with formulas for automatic cost control
- 9Document what each cost calculation represents for future reference
- 10Use color coding to quickly identify problems during daily reviews
Start Tracking Costs Today
Join hundreds of industrial facilities using Cost Calculation to reduce expenses, improve efficiency, and maximize profitability through data-driven cost management.
See real-time cost tracking in action