CFO cum Business Advisory
How To Get The Most Utilization Out Of Your Resources?
By “Resource”, we CFOs refer to as your Manpower, Machine, Money (capital) and Space.
When you monitor Utilization of your Money capital, you are measuring ROI.
When you monitor Utilization of Manpower, you are measuring Productivity ( i.e. amount of value of output per value of your Labor to you ), and Idle Time.
When you measure Utilization of Machine, you are measuring “Value of Throughput” and Down Time.
So, how do you measure Utilization of Space ? If space is rented, you measure multiples of Revenue over Rental amount paid. If space is acquired, you measure Multiple of Annual Revenue over Net Asset Value.
If you need help, feel free to contact us at :
(O) +65 63851011
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www.corporatebackoffice.com.sg
