by Don Lindsey Those of us who manage production and supply chain processes spend a lot of ERP system time thinking about numbers, items, run time, capacity, and schedules. However, understanding and managing costs is essential when communicating with other managers and supervisors, specifically financial and senior management. We must translate operating processes into a […]
Tags: cost sets, language of money
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Manufacturing Managers, Manufacturing Supervisors, Supply Chain Managers, and Planners spend a lot of time understanding their ERP systems in terms of numbers, items, run time, capacity, and schedules. But, one thing’s for sure: to communicate with managers and supervisors, specifically financial and senior management, everything we do must be translated into the “language of money.” […]
Tags: cost plans, cost sets, cost simulation, costs
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