The Art and Science of Accurate Job Costing for High-mix, Low-volume Manufacturers
Manufacturing cost accounting can be a challenge even for seasoned financial accountants. Attend this session to understand how to more accurately cost jobs including using activity-based costing and other methods to more accurately reflect what the cost of a part truly is. Understand the costing options available in most ERP solutions and how to effectively utilize them to know your winners from your losers. Never lose money on a part again with effective manufacturing cost accounting processes and controls.
David Lechleitner - Ultra Consultants
Strategic Scheduling for Made-to-order Tooling
“What do I work on next?” This is the question plaguing shop floor managers all day long – even immediately after reviewing the daily plan with the department at the 7am meeting! At 7:05 the carefully curated plan is rendered impossible by a downed CNC machine, a smashed set of lifters, and the red hot repair job that just got dropped off. In the world of Made-to-Order Tooling, meeting delivery dates requires superhuman flexibility and a touch of clairvoyance. Scheduling work in the shop is less about slapping due dates on jobs and more about managing the flow of work through every work cell. The key is to make tactical decisions about planning workload to reduce the risk on individual people, maximize capacity, and increase revenue. Businesses can get more work through the shop using existing resources while maintaining on-time delivery and with predictable profits with the right scheduling strategy.
Jeanne Naysmith - TST Tooling Software Technology, LLC