Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore

Small and medium-sized firms in developing countries perform the majority of all reporting tasks in Microsoft excel. The material cost comparative analysis (MCCA) report took the user 58.51 minutes to complete and there was also a higher likelihood of calculation error. The report was created in Mic...

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Main Authors: Muhammad Ahmed Kalwar, Asif Nawaz Wassan, Zuhaib Phul, Muzamil Hussain Wadho, Tanveer Sarwar Malik, Muhammad Ali Khan
Format: Article
Language:English
Published: Universitat Politècnica de València 2023-01-01
Series:Journal of Applied Research in Technology & Engineering
Subjects:
Online Access:http://polipapers.upv.es/index.php/JARTE/article/view/18776
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author Muhammad Ahmed Kalwar
Asif Nawaz Wassan
Zuhaib Phul
Muzamil Hussain Wadho
Tanveer Sarwar Malik
Muhammad Ali Khan
author_facet Muhammad Ahmed Kalwar
Asif Nawaz Wassan
Zuhaib Phul
Muzamil Hussain Wadho
Tanveer Sarwar Malik
Muhammad Ali Khan
author_sort Muhammad Ahmed Kalwar
collection DOAJ
description Small and medium-sized firms in developing countries perform the majority of all reporting tasks in Microsoft excel. The material cost comparative analysis (MCCA) report took the user 58.51 minutes to complete and there was also a higher likelihood of calculation error. The report was created in Microsoft excel by the Lahore-based ABC footwear business. This used to take a lot of time to produce and there was a higher chance that the report would contain errors. This is because Microsoft excel visual basic for applications was used to automate the report. This report's manual preparation method was compiled by the company’s planning and costing division. Each activity was listed, followed by the completion of a time study. VBA macros were built in Excel to automate all manual report-related tasks and reduce the possibility of human error. Conditional statements were applied to help automated decision-making. To enable command buttons to run macros, one user form was created. There were various worksheets included in the MCA template. The automated template was found to consume only 16.26 minutes and it was quicker than the current technique.
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spelling doaj.art-cc7695d5b9e94988a17a9bc1932b1f4d2023-02-01T12:55:48ZengUniversitat Politècnica de ValènciaJournal of Applied Research in Technology & Engineering2695-88212023-01-0141132310.4995/jarte.2023.1877617966Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of LahoreMuhammad Ahmed Kalwar0Asif Nawaz Wassan1Zuhaib Phul2Muzamil Hussain Wadho3Tanveer Sarwar Malik4Muhammad Ali Khan5Shafi Private Limited, LahoreMehran UETSindh Madressa-tul-Islam UniversityBBSUTSDStarlet Innovations LimitedMehran UETSmall and medium-sized firms in developing countries perform the majority of all reporting tasks in Microsoft excel. The material cost comparative analysis (MCCA) report took the user 58.51 minutes to complete and there was also a higher likelihood of calculation error. The report was created in Microsoft excel by the Lahore-based ABC footwear business. This used to take a lot of time to produce and there was a higher chance that the report would contain errors. This is because Microsoft excel visual basic for applications was used to automate the report. This report's manual preparation method was compiled by the company’s planning and costing division. Each activity was listed, followed by the completion of a time study. VBA macros were built in Excel to automate all manual report-related tasks and reduce the possibility of human error. Conditional statements were applied to help automated decision-making. To enable command buttons to run macros, one user form was created. There were various worksheets included in the MCA template. The automated template was found to consume only 16.26 minutes and it was quicker than the current technique.http://polipapers.upv.es/index.php/JARTE/article/view/18776material costfootwearshoe costingcost comparison
spellingShingle Muhammad Ahmed Kalwar
Asif Nawaz Wassan
Zuhaib Phul
Muzamil Hussain Wadho
Tanveer Sarwar Malik
Muhammad Ali Khan
Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore
Journal of Applied Research in Technology & Engineering
material cost
footwear
shoe costing
cost comparison
title Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore
title_full Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore
title_fullStr Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore
title_full_unstemmed Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore
title_short Automation of material cost comparative analysis report using VBA Excel: a case of footwear company of Lahore
title_sort automation of material cost comparative analysis report using vba excel a case of footwear company of lahore
topic material cost
footwear
shoe costing
cost comparison
url http://polipapers.upv.es/index.php/JARTE/article/view/18776
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