R1 - Simplifying YOUR Pathway to Profitability
Competition for business is fierce and pricing is tight. Lower pricing means lower profitability, right? Not necessarily!
Fee: $125 (or counts as 1 sessions towards a value package)
Date: Sunday, October 7
10:30 am - 12:00 pm
Speakers: Brenda Bijnagte , Erik Skie
Description:
Competition for business is fierce and pricing is tight. Lower pricing means lower profitability, right? Not necessarily! Most businesses use job costing tools to determine pricing, but these tools don’t always reflect the price at which a business makes money. Pricing is only half of the profitability equation, but almost the exclusive tool used by management to drive profitability. Improving profitability isn't nearly as complicated as job costing implies. This insightful session will reveal the simple tools for driving dramatic changes in profitability that can be used by business owners and managers alike.
You Will Learn:
- The pitfalls of traditional job costing
- An alternative to traditional estimating
- How to effectively use lagging and leading indicators
- How to manage profitability through a different lens
Who Should Attend:
Leadership, Executives, Management, Owners
Business Categories:
Executive, Lean Management and Manufacturing
