In-plants Face New Strategic Realities
As corporate comptrollers sharpen their scrutiny, in-plants turn to insourcing, marketing and ancillary services. Still, many hardships remain for in-plants. Here’s a candid look.
Virtually all in-plants have budgets and receive periodic actual versus budgeted results. Even though many are supposed to be 100 percent chargeback, these financial results are now summarized on a surplus/loss or profit and loss. This is a very clear trend across in-house administrative services throughout the private and public sectors.
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