Blog
Category: Manufacturing
Manufacturing KPIs To Track Operational Excellence
Key Performance Indicators (KPIs) help measure the performance and effectiveness of different areas within a company. KPIs are very specific to each industry and company.…
How to Improve Working Capital in Manufacturing Operations
Managing consistent working capital provides the resources needed to achieve organizational objectives and execute on the company’s strategic vision. In this way, working capital ensures…
Setting Prices to Increase Manufacturing Profits
In a keynote speech at the 2018 Manufacturing Finance Summit, Dr. Peter Colman, a global pricing strategy expert, explained that price is the strongest profit…
Syncing Product Development and Finance in Manufacturing
Without products to sell a manufacturer cannot exist. But without products that sell profitably, it will not stay in business. This is where product development…
What will Manufacturing Pay Increases Look like in 2023?
According to CFO Dive, next year US employers are planning the highest pay raises in 15 years. Overwhelmingly, the executives surveyed cited a tight labor…
The Habits of Highly Effective Manufacturing CFOs
Manufacturing CFOs are a unique breed. These financial leaders must not only encompass the typical traits of highly successful CFOs but also thrive in a…
How are Inflationary Pressures Affecting Manufacturers?
With US inflation rates rising rapidly small and large manufacturers alike are being affected by inflationary pressures in much the same way, although small manufacturers…
The Risk of Increased Sales Growth in Manufacturing
This article is specifically focused on the issues and problems that a significant sales increase (30% plus increase due to activities such as a new…
Low Profit Margins: The Perils and Potential in Manufacturing
As a CFO, one of the common reasons I am brought into a manufacturing organization is to solve the mystery of “Why our sales are…