D C Wood Consulting
D C Wood Consulting
D C Wood Consulting  
D C Wood Consulting

Solution Finder - Step 2:
Questions for Cost Accountant / Controller

Supporting the production areas can be challenging. Changing demands and limited resources require unique solutions. Due to your access to data, you may have a different perspective on your form's issues than others.

So what’s your burning question?

1.Are there policies needed to be added/ revised/ placed/ eliminated to improve business processes?
 Your organization has tried to make changes, but well- begun efforts seem to stop short of success.
2.Information about business is not correct or is too slow. Is there some way to improve it?
 There have been issues with accuracy, timing, or completeness of information that you need to make key decisions.
3.Keeping track of operations is an ongoing challenge. How can I tell the status of operations better?
 Too much data and not enough information and knowledge; it’s a frequent issue. You see too many reports, but nothing seems to tell you want you want to know, when you want to know it.
4.Lost product and/or materials are an issue. How do I keep better track of inventory and work-in-process?
 As workload increases, just keeping track of things can become a problem. Losing materials can have repercussions in cost, delivery, and even in quality.
5.Machine downtime is excessive. How can this be improved?
 Keeping your equipment producing is necessary. Replacing it with the latest may not solve your downtime issues, even if you have the capital to invest.
6.My warehouse is full or nearing capacity. What options do I have?
 You have a lack of space to store product or materials. There may be solutions short of expanding your warehouse, an expensive option.
7.Production costs are too high. What improvement techniques can I apply to lower costs?
 Cost pressures are common across all industries. Many costs are due to process problems, and there are many approaches to smooth out work processes.
8.Scrap rates are unsustainable. What can help reduce these losses?
 If you do not have a good measure of scrap rates and costs, you will be surprised at the impact. If you do have a good measure, let's see what changes can be made.
9.There are many improvement programs: Six Sigma, Lean, and so on. How do I decide which one(s) to invest limited resources?
 Out of the many approaches, you need to focus on the best ones. Do they compete, or do they combine? What is needed to start?
10.There is too much capacity. What are approaches that will help?
 Excess capacity is a cost issue, and oddly enough, it can reduce effectiveness. Hopefully a temporary problem, there are ways to treat this and save money.


Contact us at Doug@DCWoodConsulting.com or (913) 669-4173

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