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- Key Finance Benchmarks at a Glance: Petroleum/Chemicals Industry
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Prepared using APQC’s Open Standards Benchmarking in planning and management accounting survey , this table highlights financial management key performance indicator (KPI) benchmarks for organizations in the ...
Type: Benchmarks and Metrics Topics: Cost Accounting, Finance and Accounting, Accounting, Capital project Accounting, Planning, budgeting, and forecasting Processes: 8.1 Perform planning and management accounting, 8.0 Manage Financial Resources, 8.4 Manage fixed-asset project accounting Industry: Chemicals, Energy and Utility, Petroleum/Oil/Gas- Relevance: 93%
- Member Price: FREE
- Calculating the Total Cost of Ownership for Offshoring Manufacturing
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Although the purchase price of offshored manufacturing may seem quite low, the purchase price does not take into account the many costs associated with offshoring.
Type: Tools and Templates Topics: Accounting, Finance and Accounting, Cost Accounting, Procurement, Supply Chain Management, Sourcing, Product Management and Planning, Product Development, Production Management, Supply Chain Planning, Outsourcing, Organization and Management, External Relationships, Manufacturing Processes: 4.1.1 Develop production and materials strategies, 4.0 Deliver Products and Services, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.3 Define outsourcing policies, 4.3.2 Produce product, 4.3 Produce/Manufacture/Deliver product, 4.1.5.12 Manage cost of supply, 4.1.5 Plan distribution requirements- Relevance: 56%
- Member Price: FREE
- Nonmember Price: Download FREE
- Estimating the Total Cost of Ownership: To Offshore or Not
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Harry Moser, chairman emeritus at GF AgieCharmilles, explains how to estimate the total cost of ownership, an important calculation when deciding whether or not to offshore manufacturing.
Type: Presentations Topics: Accounting, Finance and Accounting, Cost Accounting, Outsourcing, Organization and Management, External Relationships, Manufacturing, Supply Chain Management Processes: 4.0 Deliver Products and Services, 8.1 Perform planning and management accounting, 8.0 Manage Financial Resources, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.3 Define outsourcing policies, 4.1.1 Develop production and materials strategies, 4.2 Procure materials and services, 4.5.1.3 Communicate outsourcing needs, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 8.1.3 Perform cost management- Relevance: 54%
- Member Price: FREE
- Examples of Potential Savings from Manufacturing Locally
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Although the purchase price of manufacturing overseas may be low, inventory costs and, ultimately, the total cost of ownership could be higher.
Type: Presentations Topics: Accounting, Finance and Accounting, Cost Accounting, Outsourcing, Organization and Management, External Relationships, Manufacturing, Supply Chain Management Processes: 4.0 Deliver Products and Services, 8.1 Perform planning and management accounting, 8.0 Manage Financial Resources, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.3 Define outsourcing policies, 4.1.1 Develop production and materials strategies, 4.2 Procure materials and services, 4.5.1.3 Communicate outsourcing needs, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 8.1.3 Perform cost management- Relevance: 54%
- Member Price: FREE
- Financial Analysis
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This article explains how to analyze the cost/savings of a business solution using payback and return on investment (ROI) calculations.
Type: Tools and Templates Topics: Accounting, Finance and Accounting, Assessment and Auditing, Business Excellence, Measurement, Cost Accounting Processes: 8.1 Perform planning and management accounting, 8.0 Manage Financial Resources, 12.1 Create and manage organizational performance strategy, 12.0 Manage Knowledge, Improvement, and Change, 12.1.1 Create enterprise measurement systems model, 12.1.3 Measure cost effectiveness, 8.1.2 Perform cost accounting and control, 8.1.3 Perform cost management- Relevance: 53%
- Member Price: FREE
- Cost of Quality Calculation
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This article explains how to calculate the impact low quality has on business outcomes. The cost of quality is often calculated to track and prevent unnecessary costs.
Type: Tools and Templates Topics: Accounting, Finance and Accounting, Assessment and Auditing, Business Excellence, Measurement, Cost Accounting, Financial Analytics, Performance Management, Quality Processes: 12.1.1 Create enterprise measurement systems model, 12.0 Manage Knowledge, Improvement, and Change, 12.1 Create and manage organizational performance strategy, 12.1.3 Measure cost effectiveness, 8.1.2 Perform cost accounting and control, 8.0 Manage Financial Resources, 8.1 Perform planning and management accounting, 8.1.3 Perform cost management- Relevance: 53%
- Member Price: FREE
