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« 11 Business Challenges in 2011: Real Estate Markets Tightening | Main | 11 Business Challenges in 2011: Setting Prices in the Economic Recovery »

January 11, 2011

Comments

clive boulton

After visiting 200 plus Job Shops to install and consult on closing the estimation loop via actual scheduling and costing. And then "100 MRP shops" to close the loop via planning and standard costing. Some conclusions...

Actual costing can illuminate huge variances, where as Standard costing hides variance.

Same lesson as your banking story. Get in touch with real customers to learn profitability. Run blind and expect limited profits.

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