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Profitability
Glenn Bishop is a Certified Management Accountant with significant profitability and cost management experience in manufacturing and services industries. If your business is having trouble determining the true profitability of various product lines or individual products, Glenn may be able to help you conduct analyses and establish processes that will allow you to understand the true net profitability of these products. In the 21st century, true profitability cannot be measured using traditional accounting techniques that simply allocate costs to various products on some arbitrary basis. Once you have undertaken a true profitability analysis, you may find that the products you thought were providing you with the highest margins are in fact losing money on every sale! Glenn can also help companies who are interested in establishing activity-based management (ABM) systems to help them reduce the cost of various business processes. Some of the services provided by GA Bishop and Associates in this area include:
· Profitability Analysis
· Identifying True Costs of Products and Processes
· Developing and Communicating Key Performance Indicators
· Process Improvement Initiatives
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