Standardized and documented Global Costing Process
Situation:
Following a major acquisition, a leading industrial supplier engaged Kormac to standardize its global costing processes for manufacturing sites across North America, Asia, and the Middle East.
Actions:
- Worked with teams around the world to understand local processes, systems, and resources
- Developed one world-class Global Costing Process for use across all client production sites
- Leveraged best practices and industry research to achieve globally consistent product portfolio insights
- Composed new process maps and documentation
- Trained process owners and stakeholders
- Developed detailed 10-week implementation plan and
IT system readiness assessment
Results: Delivered plan to achieve global cost accuracy and transparency for products produced across the client’s 1.2 million ft² manufacturing footprint.
