Who This Is For:

• Manufacturing businesses with complex production processes
• Companies with unexplained production cost increases
• Organizations with inventory discrepancies
• Businesses implementing ERP for manufacturing

P2Pr Audit Sub-Components:

 a. Demand Planning Review:

• Sales forecast methodology and accuracy
• Production planning based on demand signals
  
• Capacity planning documentation
• Raw material procurement lead time management

 b. Production Planning Audit:

• Production orders — authorization, accuracy, timing
• Bill of Materials (BOM) accuracy and maintenance
• Production schedule adherence
• Bottleneck identification and management

c. WIP Controls Audit:

• Work-in-Process valuation (materials + labor + overhead)
• WIP movement tracking
• Production order close-out procedures
• WIP obsolescence identification

  d. Manufacturing Controls Audit

•  Raw material issuance authorization
  
• Material usage variance tracking and investigation
  
• Labor hour recording accuracy
  
• Scrap and waste authorization
  
• Quality control documentation

e. Costing Audit:

• Standard cost vs. actual cost variance analysis
  
• Overhead allocation methodology
  
•  Direct vs. indirect cost classification
  
• Cost center accuracy
  
• Cost of production per unit accuracy

  f. Finished Goods Audit: 

• Finished goods inventory valuation
• Sales costing (COGS computation)
• Obsolescence provision adequacy
• Finished goods storage and movement controls
• Warranty provision calculation

What We Deliver:

• Manufacturing process flowcharts
  
•  Bill of Materials accuracy report
  
• Cost variance analysis
  
• Inventory accuracy report
  
• Production efficiency metrics
  
•  Manufacturing controls improvement roadmap