As they say, time is money. But the adage leaves out raw materials, labor, and wear and tear on your company’s assets. By the time a manufactured product has come off the line, it has incurred a variety of costs that are frequently kept track of using disparate software systems. When inventory systems, enterprise resource planning (ERP) systems, and job costing systems are all disconnected from each other, it can be a hassle calculating the true cost of a product.
