Many organizations struggle to keep budgets current in an ever-changing business climate. Twenty-first century performance metrics focus on determining what budgets should be rather than what they were in the past. Using performance metrics effectively reduces work, reduces politics, provides flexibility and substantially improves the performance management process. This session will show you powerful techniques to drive your organization’s performance.
Learning Objectives
GAAP/IFRS for inventory Understanding Inventory software Inventory master files Bill of Materials (BOM) Indented Bill of Materials Routings Variance recognition Keeping costs current
Major Topics
Inventory accounting GAAP Methods for dealing with variances
