Do you have the cost and margin information you need to make the decisions necessary to drive your competitive advantage? To survive and thrive in today’s highly competitive global marketplace, you need to understand where you make money — and where you don’t. Big data alone won’t reveal which products and services actually contribute to your success, which customers are profitable, or what changes you need to make across the enterprise to increase profitability. We’ll arm you with intelligent data so you can achieve optimal operational and financial performance.
Our cost and margin intelligence experts understand that no two organizations are the same, so we tailor our solutions to your specific environment to accurately model material, labor, and overhead costs based on key drivers like yield, productivity, and capacity utilization. We combine our deep industry expertise and experience with our customized data analytics models to provide you with pragmatic, focused, and actionable insights.
Whether you’re a domestic organization or a billion-dollar global company — or whether you’re public, private, or private equity-owned — we’ve seen it all. Our experts have a deep understanding of industry trends and issues, and we’ll work with you to accelerate performance.
Gain visibility into your product life cycle costs, and strengthen your strategic decisions
Intelligent cost management analysis leads to improved productivity, lower costs, and increased revenue. Our cost and margin intelligence specialists will help you improve organizational alignment and give you the confidence you need to make strategic decisions that grow your bottom line and competitive advantage for the long term.
Services include:
- Intelligent cost and margin modeling: Do you have transparent insights into key cost drivers and how they impact your margins? From product proliferation, process complexity, and automation, to volume variability and varying logistics requirements, you need a model that’s comprehensive yet scalable and flexible enough to address changing business conditions. We’ll tailor a practical cost and margin model to your specific needs, providing the necessary confidence to make strategic and operational decisions and negotiate with your customers.
- Data intelligence: Are you data rich, but information poor? Data alone isn’t enough. Our cost and margin intelligence experts will create custom, interactive dashboards that translate massive amounts of data into simple, easy-to-understand formats. Our team will help provide meaning to your data to bring actionable information to the forefront — so you’ll know what changes to make to increase profitability.
- ERP cost system optimization: Are you confident your ERP system is providing accurate cost and margin information? Whether it’s inaccurate master-file data, inappropriately configured costing options, inaccurate overhead application methods, or a host of other common challenges, our consultants can help you get the most out of your ERP costing system. We’ll assess and clean up your data, align your work center definitions, and improve your overhead rates so that your cost system provides you with timely, accurate information.
- Product costing and quoting process improvement: Is a sluggish, inaccurate quoting process costing you new business? Whether implementing or optimizing commercially available quoting and estimating software, or developing a Microsoft Excel-based model, we’ll tailor a solution to your company. Looking at activities throughout the quoting process — from customer requests, to pricing approval, to cost breakdowns and pricing support — our experts can streamline the process from weeks to days (and in some cases, hours) while improving accuracy.
- Manufacturing footprint optimization: Is your manufacturing footprint optimized so you can respond to changing conditions, manage risk, and remain competitive? Have tariffs, and other macroeconomic factors caused you to reconsider your footprint? There’s a variety of internal and external considerations that drive the need to review and optimize your manufacturing footprint. We provide visibility into true costs to help you make an informed decision and keep pace with a complex global manufacturing environment. Our consultants have expertise in supply chain, real estate, talent, international markets, and operations to evaluate, optimize, and implement your new manufacturing footprint.
- Education and training: Do your costing and quoting processes incorporate industry best practices? We integrate education and training into every project because a well-designed process can fail without the necessary discipline and structure. We’ll provide cross-functional training in all costing and quoting methodologies as needed, including standard costing, variance analysis, actual costing, job costing, and activity-based costing.
- Systems assessments: How does your costing or quoting system and process compare to best-in-class options? We’ll assess your processes, operations, and costing/quoting system to identify opportunities for improvement. Assessments can range from one day to weeks depending on your needs and will include a report outlining observations, implications, recommendations, and a roadmap for improvement. We can also help select and implement new tools while ensuring that they interface seamlessly with your ERP system.
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