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MANUFACTURING COSTS
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In
today’s global economy, it is often necessary to review manufacturing
costs on a monthly basis. Based on trends of this monthly analysis,
strategic planning must be set in place for both the next fiscal year
and for long term planning; typically a 5 year plan . To make plans for
the future, you must have a baseline to
work from - a Foundry Cost Study.
SMC can
provide a complete
Foundry Cost Study which will document such items as
Production Statistics, Historical Data, Present Labor
Distribution, Present Operating Costs and Recommendations.
Once the Foundry Cost Study has been completed, the feasibility of other
processes or methods can be approached on an informed basis as to how
they will impact current operating costs.
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HAZARDOUS
WASTES
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The Stuart McElrath Company has formed a
close working relationship with a leading Texas environmental consulting
firm. This firm has a good working knowledge of Texas environmental
rules and regulations as it is compose of former
TCEQ (Texas
Commission on
Environmental Quality) staff members. Not only
can they propose solutions to environmental problems, but they are
knowledgeable in the politics necessary to implement the solutions and
obtain the necessary permits.
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CASTING SCRAP
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Casting
scrap follows manufacturing trends; often these trends are not obvious
without detailed study. By tracking scrap castings, as to the flaws and
their causes for a period of time, the root problem can be exposed and
corrected. The Stuart McElrath Company’s
Foundry Cost Study, using
Production Statistics and
Historical Data, can help the foundry’s personnel spot these trends
reduce casting scrap at its source.
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DIRECT LABOR
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Direct labor can
generally only be reduced by changes in methods or procedures. To gauge
the impact of a method or procedure, a baseline must be established.
This is typically done with a
Foundry Cost Study. By using
Present Operating Costs as a baseline, other methods and procedures
can be evaluated as to their impact on current cost structure. Using the
Foundry Cost Study as a guide, SMC can provide a
Feasibility Study which will provide management with all
necessary facts for making a final decision on the feasibility of the
project. |