Return on Investment (ROI) Analysis for Manufacturing
Revenues, depreciation, cost of capital, inventory ... How to know if a major investment is right for your organization
Description
Return on Investment (ROI) Analysis for Manufacturing teaches the tools, models and concepts manufacturing professionals need to determine if a significant investment like a new piece of equipment will be financially beneficial to their organization.
This course teaches the basics of ROI analysis such as estimating revenues, on-going expenses, and the initial investment. It also explores more advanced aspects of capital investment justification such as adjusting for risk, changes to net working capital, and estimating overhead.
It then shows the student how to assemble these projected expenses and revenues into a financial model designed to return the Net Present Value (NPV) of the project. NPV is the method experts agree is the best for evaluating capital investments.
If you are eager to add business finance and financial modeling to your skill set, then this is the class for you!
If you are looking to merge your project engineering skills with the real world of business finance, or move from an engineering role to a managerial one, then this course is for you!
If you are looking for a clear and straight-forward explanation of the sometimes confusing world of business finance, then sign up today!
"It is comprehensive and straightforward instruction with practical examples." - Ben P.
What You Will Learn!
- Capital investment justification (equipment, new processes, building, etc.)
- Accounting principles such as balance sheets, COGS, accounts payable, accounts receivable, and gross margin.
- Net Present Value (NPV), Cost of Capital and the Time value of money
- Free Excel templates to build your own capital justification model
- Net Working Capital and the typical business cycle.
- Financial modeling and analysis
Who Should Attend!
- Anyone that wants to improve their business finance knowledge skills
- Industrial and Manufacturing engineers and managers
- Project managers
- Anyone interested in financial modelling