Miller Formless Tightens Costing Process with ERP Software
Setting the price of goods for sale can be considered either an art or a science.And accurately tracking the cost of the thousands of component parts that go into a piece of complex machinery can be some combination of both. In 2003, net income as a percentage of sales at Miller Formless for pricing and costing was 3 percent. The following year they implemented IFS Applications. That year Miller Formless increased its net income as a percentage of sales before adjustments to 10 percent. See how IFS Applications met Miller Formless challenging demands.
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File Information: Case Study, pdf 0.7 MB