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Project Costing for Maximum Profitability
By implementing timekeeping solutions for costing, organizations obtain valuable insight into project profitability. Project-oriented timekeeping data is also

costing labor  2005 Why Traditional Project Costing Methods Fail Traditional timekeeping processes require time clocks, paper time cards, and other clerical procedures to capture and analyze labor data. Some companies use paper and spreadsheet programs to track costs and time spent on various projects, but these methods have proven to be problematic. The data is often incomplete and/or incorrect, and most manual methods require extensive man-hours to input, filter, and organize the data. Additionally, these methods Read More
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Documents related to » costing labor


Case Study: American Crane & Equipment Corporation
American Crane & Equipment Corporation (ACECO) designs and manufactures electric overhead traveling cranes. Managing and tracking custom projects for accurate

costing labor  projects for accurate job costing is key—but ACECO’s legacy system involved labor-intensive, manual manipulation of data. ACECO saw that real-time job cost data was vital to operational performance. It found a solution with integrated functionality for all process operations. Learn more. Read More
ERP Plus and Beyond
ERP Plus provides tools that metal fabricators need to streamline their quoting, order entry, inventory control, production, labor collection, shipping, and

costing labor  profitability by tracking and costing tasks properly. Also, Verticent may find opportunity among other material bulk converters, such as paper distributors, whose operations use the same type of principals as metal service convertors. To that end, the vendor recently announced that its customer, Pacon Corporation from Appleton, Wisconsin (US), has deployed the entire ERP Plus software suite in an effort to continuously improve customer service and manage paper conversion for over forty-five product Read More
Quoting and Costing for Multiple Units of Measure
A common need of plastics producers is real-time shop floor production monitoring. This serves many purposes, including tracking cycles on tools or machines

costing labor  and Costing for Multiple Units of Measure Many Roads Lead to Quoting and Costing, in Multiple Units of Measure Most (if not all) of the plastics producers mentioned in Differing Plastic Flavors desire simplicity of estimating costs by using the system's manufacturing tables. This means the ability to quickly run a variety of different cost scenarios by indicating the quantity breaks and factoring in the data on multi-cavity and family molds, the percent of planned time expected to be used, the Read More
Five Reasons You Can’t Afford to Postpone Your Labor Management Project
The adage “you can’t manage what you can’t measure” is true of many things in warehouse management, but perhaps nowhere more so than for the productivity of

costing labor  are, these activities are costing you more than you realize. A labor management system will help you pinpoint unproductive time in your warehouse. Identifying areas of indirect labor —unproductive time that is not directly related to completing assigned tasks—will help you improve the utilization of your workforce and make money-saving changes. Because all employee activity is tracked and accounted for, you can drive out waste and lost time. The LMS tracks the start and stop time of all tasks, Read More
How PPM Provides Direction in Uncertain Economic Times
Project portfolio management (PPM) is a process to obtain project management information of all resources, time, budget, and labor skills in order to align

costing labor  PPM Provides Direction in Uncertain Economic Times Project portfolio management (PPM) is a process to obtain project management information of all resources, time, budget, and labor skills in order to align, manage, and review these elements--and to ensure deliverables are being met in terms of project milestones, in accordance with the work breakdown schedule. In a time of economic and business uncertainty, PPM may be the prescription to obtain successful IT project management results. However, IT Read More
Enterprise Workforce Management Solutions
Does your company need to capture and cost direct and indirect labor? Does it also need to configure user input devices to meet their specific requirements and

costing labor  Workforce Management Solutions Does your company need to capture and cost direct and indirect labor? Does it also need to configure user input devices to meet their specific requirements and accommodate changes in the way time and attendance are calculated? Learn about a web-based workforce management solution that automates the collection of labor and attendance information, facilitates the processing of complex attendance policies, and more. Read More
How Effective Project Management Leadership Enabled the Logistics Industry to Reap Large Rewards, Part 2
Emerging Trends in the Logistics and Distribution Knowledge Areas1. RFIDRFID technology is the hardware used to communicate information (typically bar code

costing labor  Effective Project Management Leadership Enabled the Logistics Industry to Reap Large Rewards, Part 2 Emerging Trends in the Logistics and Distribution Knowledge Areas 1. RFID RFID technology is the hardware used to communicate information (typically bar code information) to computer software systems that gather and use the data (such as a WMS). The manufacturing of RF equipment is dominated by several market leaders that typically go to market through various distribution channels, including resellers. Read More
Case Study: Martin’s Wood Products
Martin’s Wood Products, producers of solid wood furniture for over 20 years, is a family-run business that has aimed to keep pace with the enterprise resource

costing labor  software needed to bring costing under control, but also in the similar basic business philosophies held by the two companies. Both MWP and Global Shop are family-owned and operated businesses where exemplary customer service and employee relations are vital to their success. It is the Global Shop personal approach to doing business that first appealed to MWP-in Global Shop, MWP saw their own traditions of consistent quality business management style and execution. Martin observes, Like Martin's Wood Read More
How Mobile RFID Systems Improve Operations and ROI
Radio frequency identification (RFID) technology can provide a strong return on investment (ROI) when combined with improved business processes that reduce

costing labor  Mobile RFID Systems Improve Operations and ROI Radio frequency identification (RFID) technology can provide a strong return on investment (ROI) when combined with improved business processes that reduce labor and prevent errors. But mobile RFID systems, with forklift-mounted readers, can be implemented for a fraction of the cost of traditional infrastructure configurations. They can improve supply chain visibility, reduce capital expenditure, and slash labor costs. Read More
E-Procurement Is Not Electronic Purchasing - Part II
Three minutes of labor from purchase requisition to invoice payment; fully executed due diligence; commitment authorization and no delays. That is the promise

costing labor   Read More
Data Mart Calculator
Need a model to help calculate an estimate of manpower needs by role, timeline, and labor cost to build a data mart based on user-supplied variables? Here’s a

costing labor  Mart Calculator Need a model to help calculate an estimate of manpower needs by role, timeline, and labor cost to build a data mart based on user-supplied variables? Here’s a calculator that provides two estimates. The first is based on using the traditional “develop by committee,” and the second on developing the same data mart at the developmental level. The model needs minimal input and can be changed to fit your needs. Find out more. Read More
McHugh Software’s DigitaLogistix Built On Strong Foundation
For the past 25 years, McHugh Software has quietly plied the supply chain execution trade. Its new DigitaLogistix suite successfully marries traditional and

costing labor  Software’s DigitaLogistix Built On Strong Foundation McHugh Software's DigitaLogistix Built On Strong Foundation S. McVey - May 4, 2001 Event Summary Privately held McHugh Software International recently unveiled its answer to the heavy competition in the supply chain execution (SCE) software market: DigitaLogistix . Many applications in the suite have been available for years while a few are relative newcomers to market. McHugh has targeted the new offering at customers in its core verticals, Read More
Thou Shalt Manage Human Capital Better
Although the human resources department has long been seen as a necessary evil at best, the scope of human resources management systems (HRMS) has been extended

costing labor  Shalt Manage Human Capital Better Administrative human resource (HR) management has traditionally received much more lip service than true respect from businesses and individuals. However, many recent events and consequent realizations promise to transform the HR department from a lowly cost center, a necessary evil, and a gaggle of boring pen pushers and record keepers (and other derided whatnots), into a strategic and crucial part of any competitive business. In other words, for a long time HR Read More
Deploying Lean Principles to ERP Implementation Projects
The competitive environment that both Manufacturers and Distributors alike have experienced in recent years in the era of Globalization, Currency Fluctuation

costing labor  as Capacity Planning and Costing Modules to define direct vs. indirect labor now mean that only the time the job runs in production are calculated as direct labor. The efficiencies gained by the ERP implementation produced reduction in set-ups, and other shop floor time management processes, means direct labor costs are also maximized. Through the use of data collection devices, you can account for time spent “on the clock” and nonproductive time spent while a work-order is in queue. This way, Read More

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