You have data—and a lot of it—but if you can’t use it to make money, do you realize how much it’s actually costing you? Roll Forming and Building Manufacturers rely heavily on many different types and sources of information. If that data is disconnected, wrong answers and buried costs are putting your business and your profit at risk. Your business will always face a lot of variables, but your information doesn’t have to be one of them. Download this short article to learn the answers you should be getting from your data to make good, smart, profitable decisions.
Read a sneak peek of the article here – For Roll Forming and Building Material Manufacturers, accurately tracking the four pillars of cost— materials, labor, overhead and outside processing—continues to challenge profitability. Without accurate costs, making the fundamental decisions to drive the business forward are based on intuition rather than data. And, while there is plenty to be said for an experienced manager’s intuition, more and more manufacturers in the sector see the importance of using data to make better decisions. To improve the profits and long term potential of the business, you need to continually monitor performance and identify operational efficiencies. Throughout the Roll Forming and Business Material manufacturing process, there are variables that impact the cost of materials and labor. Without capturing the data that measures those variables accurately, managers can’t confidently answer critical questions.