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    • Member Info
      • Native Language:
      • Korean
      • Home Country:
      • South Korea
      • Current Location:
      • South Korea

    • Join Date: Jun 2007
    • Posts: 1,271
    #1

    measures/scrap

    Please help me understand the following in bold.

    1. A month after I started a new job in operations I got my first budget report: a 30-page analysis of my area of responsibility. I had no idea what it meant. I had measures for spend on stationery, labor, scrap, petrol, laundry, and anything else you can imagine....... I discovered that nearly all of my discretionary spend was scrap or labor........... I asked finance to give me a one-page report showing: * scrap by product and line. * overtime.

    In the above, what is scrap cost or scrap spend?

    2. Avoid techno-micremanagement---think before you call: Will getting involved make control revert to you? Is this what you want?

    Thank you.


    • Join Date: Oct 2006
    • Posts: 19,434
    #2

    Re: measures/scrap

    Quote Originally Posted by unpakwon View Post
    Please help me understand the following in bold.

    1. A month after I started a new job in operations I got my first budget report: a 30-page analysis of my area of responsibility. I had no idea what it meant. I had measures for spend on stationery, labor, scrap, petrol, laundry, and anything else you can imagine....... I discovered that nearly all of my discretionary spend was scrap or labor........... I asked finance to give me a one-page report showing: * scrap by product and line. * overtime.

    In the above, what is scrap cost or scrap spend?

    2. Avoid techno-micremanagement---think before you call: Will getting involved make control revert to you? Is this what you want?

    Thank you.
    #1 Difficult to be absolutely sure without knowing more about the company and what it does, but "scrap by product and line" implies materials or items that are scrapped [thrown away/disposed of because faulty]. So there is some kind of budgetary allowance for items being scrapped.

    #2 If you become too involved, will you find that you are having to take control again of something you had managed to pass on to someone else?

    • Member Info
      • Native Language:
      • Korean
      • Home Country:
      • South Korea
      • Current Location:
      • South Korea

    • Join Date: Jun 2007
    • Posts: 1,271
    #3

    Re: measures/scrap

    I see. Thank you.

    And you seem to have forgotten to explain the part "I had measures for spend....." How should I understand it?


    • Join Date: Oct 2006
    • Posts: 19,434
    #4

    Re: measures/scrap

    "budgetary allowance"

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