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Understand the Operational Metrics of Your Stone Fabrication Facility
You must understand your metrics so that you can price your work for profitability. Defining and understanding the key cost drivers is the foundation to segmenting costs appropriately and utilizing percentage based cost information to make calculated financial decisions. Watch this training course and learn how to segment and track costs by work center, identify fixed and variable costs, and utilize percentage based costs to make profitable decisions. You will with an increased understanding of cost components leading to increased productivity, efficiency, and a healthier bottom line.
Instructor: The International Surface Event
- Define key cost drivers
- Explain how to segment and track costs
- Recognize how to utilize percentage based costs to make profitable decisions
- Identify fixed and variable costs to create budgets and break-even analysis
Time: 57 min.
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