Pricing of Products may make or break the business. Therefore Product Costing and ROI management are critical data every CEO, CFO and COO follows closely. Currently such data are produced days or weeks after Production is completed instead of at the end of each Production Lot / Batch / Part. This is a limitation of traditional or ABC (Activity-Based Costing) Accounting Management Solutions.
Difficulties emerge in Hi-Mix Low-Volume (HMLV) environments as different products may perform very differently in terms of production time, quality issues and unplanned downtimes and on different occasions thus often making traditional and ABC accounting solutions error prone.
Currently OEE and Utilization reports may be difficult for top management to understand, so our solution converts them into Cost. The ROI Management function fulfills this need and provides timely actionable reports to support investment decisions and routine process improvement and optimization projects.