Is financial analysis more difficult in manufacturing?


depends on skill set , ability work manufacturing. have never worked in service industry in manufacturing. nice part manufacturing data available when perform analysis. capital spending in particular can give lots of opportunities use financial analysis value capital projects based on data engineers. tough part of manufacturing having deal manufacturing floor employees, engineers, customer service, marketing, materials, , finance in same day analysis robust. of these groups don't understand finance you're in constant state of teaching people what's allowed , what's not. building relationships , strong knowledge base of how business works important. analysis part of job easy being engaged in every aspect of business can perform amazing analysis. here few reasons question.
1.) requires strong knowledge of manufacturing processes technically sound level.
2.) requires knowledge of multiple facilities , third parties outsourcing analysis.
3.) financial analyst work @ corporate offices not in plants removed operations: work in plants , removed corporation have work keep communication.

can give me 3 reasons why working financial analyst in manufacturing industry more complex , challenging service industry?


Business & Finance Corporations Next



Comments

Popular posts from this blog

Should India fight Terrorism or fight simply Pakistan ?

What is actually SEO?Is it only meta tags?Elaborate.?