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| 248.743.2400 | 248.743.2401 |
Experience The key to a successful
material handling system installation is the expertise of the team responsible
for the design, development, installation, testing, and support of the
system. ED&C has invested heavily in recruiting and retraining employees
who have significant education and experience in their areas of expertise.
In-house, ED&C has extensive resources to dedicate to this program.
The team responsible for this program will include professionals with
decades of experience. ED&C team members are acutely aware of how
their performance impacts the Company's bottom line. As such, they are
empowered to be the best professionals possible and exceed the customer's
expectations whenever possible. Accounting and Operational Controls Using a state-of-the-art Job Cost Accounting system ensures that controls are in place within ED&C to accurately budget and report project costs. These controls are then checked by multiple cross-discipline audits throughout the course of the year. Labor At the commencement of a project, each employee on the project team is assigned a project number. Labor is tracked by project using a state-of-the-art time management system. Each employee reports daily his hours by project. This is then certified by his manager. For employees that are not in the office (on site or traveling) this time entering is performed manually. The system's backbone is a substantial database which collects all project time information and then generates reports as necessary. In addition to a weekly summary report by employee and project, a detailed report is also compiled weekly and shows each employee's hours by job by day. A pivot table is compiled in Human Resources on a weekly basis which can be sorted by employee, week and project number. The summary report generated by the system is entered into the Work In Process report accuracy. Materials Materials are tracked from the time the Bill of Material (BOM) is finalized to the final invoice payment on a job. The BOM is forwarded to Material Management for ordering. Any special pricing is negotiated and the revised price is entered into the Material Management database. A purchase order is assigned and the order is placed. Once the order is received, the material is checked off against the shipper. The material is posted in the Material Management system against the BOM and a backlog report is generated daily for backordered material. This backlog report is crucial for labor management and material tracking on a project. Once the vendor submits their invoice, it is matched against the shipper to ensure payment is being requested only for material actually received. If it matches, it is sent to Accounts Payable for payment. If it does not, the Material Management department reviews the problem and takes corrective action with the vendor. This system ensures that freight charges, pricing, material receipt and backorder material are all in line. Reports Additional job reports are generated on a monthly basis. A Percentage Completed Worksheet is updated weekly with payroll information and then on a monthly basis all other expenses are entered. These expenses are tracked on a Job Cost Detail Report that is sorted by month and job and accounts for every penny spent on a job excluding labor. This information is rolled up into the General Ledger and all the module reports are balanced against the ledger.
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2200
Stephenson Hwy. Troy, MI 48083 |
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2004 ED&C. All rights reserved. |