decision making
Making Better Decisions is Both Art and Science
“External factors will always have an impact, and this includes luck, as good and bad fortune can clearly be influential...
Post-Production and Cost-to-Serve Analytics for Manufacturers
Post-production activities often represent a significant portion of total product cost, yet they are frequently the least visible and hardest...
Product Costing for Modern Finance Organizations
Process manufacturers face growing pressure to understand product costs with greater accuracy and consistency. Yet many organizations are limited by...
The 3 Most Common Profit-Killing Mistakes to Avoid
According to Gartner, just three types of financial decision-making mistakes can cost businesses around 3% of their net profit. Operational...
Data-Driven Decision-Making is Fueling a Competitive Advantage
Many companies have adapted to a “data-driven” approach for operational decision-making. Data can improve decisions, but it requires the right...
Creating a Cost-Focused Culture
Manufacturers rely on accurate, transparent product costing to support confident decisions across pricing, operations, and investment planning. Yet many organizations...
The Cost of Poor Business Decisions
According to Gartner, poor operational decision-making compromises upward of 3% of profits. As digitalization pushes businesses to grow and change,...
How CFOs Are Using Predictive Analytics to Improve Business Decisions
“CFOs can play a prominent role in building and managing their organization’s analytics capabilities, especially given new tools that allow...
Cost-Based Quoting for New Products
Quoting new products is one of the most challenging decisions organizations face. Limited cost history, changing assumptions, and pressure to...