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A Look at Make/Buy Analysis and How Not to Do It
Today, I would like delve into an area that typically involves cross-functional analysis within an organization. In other words, it is an area that allows us, as accountants, to provide outsized value...
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The “Better” Way of Looking at Make/Buy Decisions
In the last post, we took a look at what I call the absolute “wrong way” to do a make/buy decision for a part, or even a service for that matter. If you remember, the root of the problem for the last...
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Using a Bird’s Eye View to Drill Into a Make/Buy Decision
In our two previous posts, we discussed an, um, arcane way of looking at make/buy analysis and then improved on it a bit. While both were probably not unfamiliar to you, hopefully it is a bit clearer...
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Clean Things Up and Make Your P&L Easier to Use
In recent posts, I showed we could evolve a common analysis exercise that accountants are typically called upon to do, improve it a bit, and then improve it in a significant way. We took the make/buy...
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Work Orders: The Biggest Myth in Your Decision Making Process
The work order. One of the staples of manufacturing companies around the world. For “direct” employees, it is a fact of life. You work, you keep track of your hours. It is how it is done in the...
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Why You Need to Get Off the Island
Many organizations are organized in a silo manner. Sales has its own silo. Product development has ts own silo. So, it goes without saying that finance typically has its own silo. However, in many...
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