IND2381SES

๐Ÿ’ฌCosting 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
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