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The Tale of Two Systems: Part One
I was recently speaking with CFO of one of our manufacturing clients concerning their conversion from a very simplified accounting system to a very complex and integrated ERP system. While this client...
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Profit Give Back
I recently met with one of my manufacturing clients related to a request that was made by one of their customers to enter a program of annual cost givebacks, in this case over a three year period. The...
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Two Identical Lines, Two Different Prices?
We have all run into a similar situation: You are at a store where an item costs $20, and then you go to another store where the same item costs $35. The same can be found in a manufacturing...
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Manufacturing Tooling Costs
Depending on the type of product your business produces and how often, tooling may be a significant cost. For some businesses, tools last a considerable amount of time. In such a scenario, given the...
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