Perhaps you may have not heard the term engineer-to-order (ETO) before, but perhaps your business is one of thousands that designs and builds custom equipment that is very precise, adheres to very specific tolerances, is highly technical, and produces low volume and, generally speaking, expensive products. Some examples of such products include ships, aircraft, production machinery, etc.
track task estimate at complete
inventory with project funds, track its use across individual orders within that project, and report on the actual costs throughout the life of the project improved long-lead item processing, which should allow customers to purchase their long-lead items early in the project, and then assign them to the appropriate jobs as the project structure matures A Final Thought In the article Information, Information, Information (Business Excellence Magazine, Sept. 2007), T.R. Cutler wrote “Project-based or ETO