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Finance

Column
 | February 11, 2013

Hazards When Analyzing Costs for Manufacturing Outsourcing Decisions

Outsourcing decisions of all sizes place a premium on the availability of highly responsive cost information that reflects causal relationships of the operations and resources impacted.
Full Article
Column
 | November 30, 2012

Exactly What Constitutes Savings?

The benefit to manufacturers of a resource based cost model is the visibility and correlation of financial and non-financial information.
Full Article
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Networks: Wired & Wireless
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Column
 | September 26, 2012

Ladders Are Meant for Climbing

The engineering career ladder has respected positions such as Distinguished Technologist or Fellow.
Full Article
Column
 | September 24, 2012

What Cost Information Does Manufacturing Really Need?

Resource-focused costing based on cause-and-effect modeling is the only approach that can effectively connect manufacturing metrics with costs and allow the real time calculation of marginal cost and
Full Article
Column
 | September 2, 2012

Exporting Manufacturers Gain Tax Savings Potential

Goods sold through an IC-DISC must be manufactured, produced, grown, or extracted within the U.S.
Full Article
Column
 | August 3, 2012

Does Manufacturing Need a Better Costing Approach?

External financial reporting standards are inconsistent with the essential principle for costing for internal decision support: The reflection of cause and effect relationships.
Full Article
Column
 | August 1, 2012

Grab Those Low Interest Rates

Invest in your business through borrowing and increase your efficiency, competitive position, marketing footprint, production capabilities, or whatever else you will need as the economy expands and th
Full Article
Column
 | May 13, 2012

Cycle Counting: Tool for Inventory Management, Records Accuracy

Verify perpetual or continuous inventory records remain accurate without incurring the costs and business disruptions associated with conducting wall-to-wall physical counts.
Full Article
Column
 | March 7, 2012

Reduce the Costs of Obsolescent Inventory with Monitoring

Continually monitoring inventory for obsolescence eliminates the need to write down the cost of a large volume of inventory all at once, thereby incurring a massive charge against income.
Full Article
Column
 | February 23, 2012

Standard Costs Are Not Dirty Words

Manufacturing and operational metrics are often available in real time; operations management places a high priority on immediate response and preventative actions to avoid failures from diminished pe
Full Article
Schneider Growing
News
 | February 1, 2012

Schneider Electric Adds To Drives Sales Force

Addition of 10 experienced automation and control sales organizations will achieve customer service; expand sales coverage.
Full Article
Column
 | January 23, 2012

Proper Use of Standard Cost Methods Enhances Efficiency

Using standard costing techniques, manufacturing managers can more efficiently measure costs of goods sold, and allow for more effective budgeting and price setting on future jobs.
Full Article
Column
 | November 1, 2008

Avoid Critical Inventory Accounting Lapses

Whether a company is a manufacturer, a distributor or a hybrid, inventory is a significant component of its financial structure.
Full Article
Column
 | July 8, 2007

Inventory Control: What You Must Know

Just-in-time production scheduling will not work without adequate material on hand, while carrying excessive inventory strains cash flow and warehouse capacity.
Full Article

 

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