What is a Yield Variance Report?

Yield reports are considered production analysis tools and are used by production- and plant managers to analyze actual versus standard yield and compare the variances across manufacturing plants. Some of the main functionality in this type of report is that it is parameter driven so the user can run it for any period and any number of plants. One report per plant is automatically generated and displayed in the tabs at the bottom. Within a single report (which is for one plant), the products are shown down the rows and the columns display: Actual yield, Standard yield, Yield variance, Cost, and Yield loss. The last row at the bottom displays totals. You find an example of this type of report below.

Purpose of Yield Variance Reports

Manufacturers use Yield Variance Reports to help managers get a clear picture of production efficiency across their plants. When used as part of good business practices in a Production department, an organization can improve its production expense planning and capital investment strategies as well as reduce the chances that executives don’t have a good visibility to whether any individual plant underperforms as it relates to its yields.

Yield Variance Report Example

Here is an example of a Yield Variance Report with separate tabs (see bottom) per plant.

Yield Variance Report for a Manufacturing Company

Yield Variance Report for a Manufacturing Company

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Production managers and product managers.

Other Reports Often Used in Conjunction with Yield Variance Reports

Progressive Production departments sometimes use several different Yield Variance Reports, along with production dashboards, inventory reports, costing reports, benchmark dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples