IND2381SES
๐ฌCosting Every Batch: Recipe-Level Margin Control at Magnolia Foods
Track: Industry
<p>Across a multiplant tortilla, corn, and bakery operation, Magnolia Foods uses NetSuite to cost 535 assemblies at the recipe level. Bills of material capture true yield loss at each stage, standard costs and PPV are refreshed quarterly against volatile masa, oil, and flour prices, and usage, yield, and rate variances are reviewed by department every week. See how an ABC costing template and work order component issue drive accurate overhead absorption and give finance confidence in the numbers instead of a month-end reconciliation scramble.</p>
Slots
Mon 26 Oct ยท 9:00 AM โ 9:45 AM (45 min)
Academy 402, Academy
Session type
Session
Audience level
Advanced
Theme
Operational Excellence
Track
Industry
Industry
Food and Beverage
Product area
Supply Chain ManagementManufacturing and Production
Speakers
- J.P. PUGA, Corporate Controller โ Magnolia Foods
- Matt Wisner, Senior Account Executive โ Oracle NetSuite