analysis of materials price variance

简明释义

材料价格差异分析

英英释义

例句

1.The finance team conducted an analysis of materials price variance to identify the reasons behind increased costs.

财务团队进行了材料价格差异分析，以确定成本增加的原因。

2.During the quarterly review, we presented our analysis of materials price variance to the management team.

在季度审查中，我们向管理团队展示了我们的材料价格差异分析。

3.The analysis of materials price variance helped us negotiate better rates with our suppliers.

这次材料价格差异分析帮助我们与供应商谈判获取更好的价格。

4.To improve cost control, the company implemented a regular analysis of materials price variance process.

为了改善成本控制，公司实施了定期的材料价格差异分析流程。

5.The analysis of materials price variance revealed that supplier pricing changes significantly impacted our budget.

对材料价格差异分析的结果显示，供应商价格变动对我们的预算产生了重大影响。

作文

In the realm of business and finance, understanding variances is crucial for effective management and decision-making. One important aspect that managers must analyze is the analysis of materials price variance. This concept refers to the evaluation of the difference between the actual cost of materials purchased and the standard cost that was expected. By examining this variance, companies can gain insights into their purchasing efficiency and overall financial health.The analysis of materials price variance is not just a simple comparison of numbers; it requires a thorough understanding of various factors that influence material costs. For instance, fluctuations in market prices, changes in supplier agreements, and variations in quality can all contribute to differences in material costs. Therefore, conducting this analysis involves gathering data on actual prices paid, comparing them with predetermined standard costs, and identifying the reasons behind any discrepancies.To illustrate the importance of this analysis, consider a manufacturing company that produces furniture. If the standard cost for wood is set at $5 per board foot but the actual price paid rises to $6 due to increased demand or supply chain disruptions, the analysis of materials price variance will highlight a negative variance of $1 per board foot. This information is vital for the company's management as it prompts them to investigate the reasons behind the price increase. They may find that a particular supplier has raised prices or that they need to explore alternative suppliers to mitigate future risks.Moreover, understanding the analysis of materials price variance allows companies to make informed budgeting decisions. If a company consistently experiences unfavorable variances, it may need to adjust its budget forecasts or renegotiate contracts with suppliers. On the other hand, favorable variances can indicate effective purchasing strategies or a decrease in market prices, which can lead to increased profitability. Another significant benefit of performing this analysis is that it aids in performance evaluation. When managers are aware of material price variances, they can assess whether their procurement teams are effectively managing costs. This evaluation can lead to improved training, better negotiation tactics, and ultimately, enhanced operational efficiency.Furthermore, the analysis of materials price variance also plays a role in strategic planning. By analyzing trends over time, businesses can identify patterns in material costs that may affect their long-term strategies. For example, if a company notices a consistent upward trend in material prices, it may decide to invest in alternative materials or seek out new markets where production costs are lower.In conclusion, the analysis of materials price variance is an essential tool for any business that relies on material inputs. It provides valuable insights into purchasing practices, helps in budgeting and forecasting, facilitates performance evaluations, and informs strategic planning. By regularly conducting this analysis, companies can enhance their decision-making processes and maintain a competitive edge in their respective industries. In today's fast-paced business environment, being proactive about understanding and managing material costs is more important than ever.

在商业和金融领域，理解差异对于有效管理和决策至关重要。管理者必须分析的一个重要方面是材料价格差异分析。这个概念指的是评估实际购买材料的成本与预期的标准成本之间的差异。通过检查这种差异，公司可以获得关于采购效率和整体财务健康的见解。材料价格差异分析不仅仅是简单的数字比较；它需要对影响材料成本的各种因素有深入的理解。例如，市场价格的波动、供应商协议的变化以及质量的变化都可能导致材料成本的差异。因此，进行此分析涉及收集实际支付的价格数据，将其与预定的标准成本进行比较，并识别任何差异背后的原因。为了说明这种分析的重要性，考虑一家生产家具的制造公司。如果木材的标准成本设定为每板尺5美元，但由于需求增加或供应链中断，实际支付的价格上升到6美元，那么材料价格差异分析将突出显示每板尺1美元的负差异。这一信息对公司的管理层至关重要，因为它促使他们调查价格上涨的原因。他们可能会发现特定供应商已提高价格，或者他们需要探索替代供应商以减轻未来的风险。此外，理解材料价格差异分析使公司能够做出明智的预算决策。如果一家公司持续经历不利的差异，它可能需要调整预算预测或重新谈判与供应商的合同。另一方面，有利的差异可能表明有效的采购策略或市场价格的下降，这可能导致盈利能力的提高。进行此分析的另一个显著好处是它有助于绩效评估。当管理者了解材料价格差异时，他们可以评估采购团队是否有效地管理成本。这种评估可以导致改善培训、更好的谈判策略，以及最终增强运营效率。此外，材料价格差异分析在战略规划中也发挥着作用。通过分析随时间变化的趋势，企业可以识别可能影响其长期战略的材料成本模式。例如，如果一家公司注意到材料价格持续上升的趋势，它可能决定投资于替代材料或寻找生产成本较低的新市场。总之，材料价格差异分析是任何依赖材料输入的企业的重要工具。它提供了对采购实践的宝贵见解，有助于预算和预测，促进绩效评估，并为战略规划提供信息。通过定期进行此分析，公司可以增强其决策过程，并在各自行业中保持竞争优势。在当今快速变化的商业环境中，主动理解和管理材料成本比以往任何时候都更加重要。