It’s one thing to have a great product and idea; it’s another to execute it efficiently. Without the latter, it’s a lot more difficult to add value to your product, processes and company.
On this episode of Moore on Manufacturing, we discuss manufacturing costs and variances and how they impact the value of what you do. Understanding your costs and any deviations from the standard is extremely important in not only keeping profit margins but also identifying problem areas within your manufacturing process.
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Learn more about the James Moore Manufacturing Team.