manufacturing

8 Essential Manufacturing Metrics

The sheer number of metrics to consider in manufacturing can be daunting. Knowing which matter most and how to apply...

Four Steps to Calculating Process Costs

Process costing focuses on the direct and allocated costs associated with the operation of a given area of the manufacturing...

Top Eight Warning Signs You Have a Dysfunctional Costing System – Part 2

The book Designing Strategic Cost Systems: How to Unleash the Power of Cost Information by Lianbel Oliver has a great list...

What does it cost us to produce this product?

  Sound familiar?  This question is asked countless times by a variety of people inside a business – operations accounting,...

It’s the Cost!!!

  Today I met with finance and operations managers for a manufacturing company that didn’t really understand the unique costs...

Don’t Force Your Managerial Accounting Process into a Transactional System

I have spent the majority of my technology career in the Manufacturing Computer Systems space and have been most impressed...

What are the challenges you face in accurately calculating profitability?

3C Software recently posted an article on their website discussing the challenges process manufacturers face with calculating profitability. It starts...

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