Oh my OVERHEAD! How overhead can erode (or increase!) your gross margin
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Oh my OVERHEAD! How overhead can erode (or increase!) your gross margin
4/23/2020 10:00 AM - 11:00 AM (CT)
Are you looking for another trick in your “lean” tool belt to protect your margins?
Gaining an understanding of and visibility into your overhead costs may be just the trick you need. It is no easy task to identify or explain all the variable and fixed overhead costs associated with manufacturing. Yet overhead costs do not need to be complex, mysterious or difficult.
During this webinar, we will take a real-world approach to looking at overhead to help you gain a better understanding of how overhead can be used to evaluate margins. By using a simple approach to identify what your costs are and how they relate to your operations, you can discover new connections and ways to allocate or trim your costs without using your accounting textbooks.
Learning objectives:
- Identify and understand the drivers of your overhead – what activities drive what costs
- Learn how to group your P&L statement by similar activities
- Gain a clear understanding of how overhead affects gross margin
- Discover ways to use these insights to evaluate pricing and product mix and as an alert to ineffective processes
Speakers
