Mastering Estimate to Complete and Estimate at Completion in Manufacturing ERP

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Manufacturers and industrial companies involved with complex or capital equipment are by nature project-oriented. For all project manufacturers, they must maintain profitability, which is a challenge, but is sometimes even more difficult:

• When you spend more than anticipated on labor or materials in certain phases of the project and do not realize it until much later
• If you are in defense manufacturing or a part of government supply chains where there may be cost reimbursement and cost-plus contracts
• If you’re a manufacturer in the automotive industry or commercial aviation space that may need to dovetail your engineer-to-order and manufacturing activities with a customer’s new product development cycle

 
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