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New book gives molders budgeting and costing guidance

Arriving in good time to help managers and accountants in injection molding companies battling the bad economy is iSmithers Rapra Publishing’s (Shropshire, UK) Budgeting, Costing and Estimating for the Injection Moulding Industry. Author Peter Jones found a need for a clear presentation of this information, and has laid out in his 274-page book a step-by-step approach, complete with graphs and equations, to maximizing profits through the control of costs.

Amie Chitwood

June 12, 2009

1 Min Read
New book gives molders budgeting and costing guidance

Arriving in good time to help managers and accountants in injection molding companies battling the bad economy is iSmithers Rapra Publishing’s (Shropshire, UK) Budgeting, Costing and Estimating for the Injection Moulding Industry. Author Peter Jones found a need for a clear presentation of this information, and has laid out in his 274-page book a step-by-step approach, complete with graphs and equations, to maximizing profits through the control of costs.

In his introduction, he points out a basic truth: that a plant must be able to produce parts “to the required quality, at the required rate, and within the estimated cost.” Notably, he adds, “If the plant is old and unreliable, the less reliable production will be, the more frequently machine breakdowns will occur and therefore the greater the cost of production will be.”

Chapters containing terms and definitions, a glossary, and explanation of abbreviations sandwich such critical information as measuring the true cost of a job, reducing the costs of production, and achieving a wide operating window. It’s available in hardback ($270) or softcover ($225). [email protected]

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