Ineffective cost control and high overhead of manufacturing operations: Managers lack reliable planning tools and comprehensive data to increase the profitability of products and processes

In the conference room are meeting: Christian (CFO), Irene (IT Manager), Paul (Purchasing Manager),
Peter (Production Manager), and Enrique (Engineering Manager)

The Agenda title:

Ineffective cost control and high overhead of manufacturing operations

Although it varies from company to company, you might want to examine the following:

  • How do you manage external resources? How cost-effective is that outsourcing process?
  • Do you anticipate that outsourcing might play a larger role in the future?
  • Are your vendors and suppliers working cost-effectively for you?
  • How do you manage those relationships for best economy?
  • Can you perform what-if costing scenarios to help you in your decision-making?
  • What planning tools do you use today? How satisfied are you with what they allow you to do?

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About the Author: AJ Amjad Khanmohamed

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