Course: Making a Profit in Manufacturing @ RCC
|Cert. in Mfg. Leadership - Dutchess|
|Cert. in Mfg. Leadership - Rockland|
|Cert. in Mfg. Leadership - Westchester|
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Attention: This course is not currently being run. If you are interested in this training please contact the Council of Industry or phone us at (845) 565-1355.
Time: 9:00 am - 4:30 pm
Location: SUNY Rockland
Instructor: Steven Howell, CPA, DABFA, Vanacore, DeBenedictus, DiGovanni & Weddell
Cost: $200 for a single member, $175 each for two or more from the same company, $375 for non members
To register click here
Who should attend:
- Supervisors • Team Leaders • Lead People • Department Heads
- Anyone with budget or financial decision making responsibility
Think like a CFO !
Should we add another shift? Can we afford that new machine? How much should we charge our best customer for the new widget we are making? What is the cost of scrap and wasted set-up time? To know the answers to these and countless other questions you need to be able to think like a Chief Financial Officer (CFO).
Let’s face it, manufacturers are in business to make money. Through case studies and examples participants will learn how a manufacturer can use financial ratios and other measures of financial performance to monitor its operations, effectively reduce risk, and maximize return. Topics of discussion will include understanding basic financial statements such as the balance sheet and income statement. We will also learn key performance ratios and how to apply them.