The First Session |
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Understanding the financial workings and overall health of his or her company provides a manufacturing engineering technician with a valuable professional tool. An employee who understands the financial status of a particular manufacturing project can make sound decisions on the shop floor. By understanding and using basic financial management tools such as balance sheets and cumulative summary charts, a technician can adjust a project accordingly, keeping it both on schedule and profitable for her or his company. In addition, other financial tools such as income statements and statistical process control (SPC) charts can assist a technician in the consistent financial improvement of his or her company’s projects and, ultimately, his or her company’s success. Table of Contents
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