- Produce a cost sheet for each department with the following breakdown:
-Direct Labour
-Benefits
-Indirect Labour (downtime,vacation, stats)
-Equipment and/or supplies
-Variable Costs (utilities, fuel, etc.)
-Fixed Costs (insurance, depreciation, etc.)
-Allocated Costs (if applicable.)
- Help to determine what data needs to be collected (if not already available) to create a meaningful profitability analysis.
- Design a Profitability Reporting System that will focus on your key areas.
- Offer hands on training to ensure you are left with meaningful ongoing reporting !
- Timeframe from analysis to implementation is likely 3 months.