The Monetary Value of Time

Posted by Marketing Support on Mar 30, 2016 9:07:05 AM

The Monetary Value of Time
Why Traditional Accounting Systems Make Customers Wait

Tuesday, May 10, 2016 – 2:30 to 7 PM
Radisson Hotel & Conference Center
East State Street & Bell School Road, Rockford

Rick Bastian, Blackhawk Bank Chairman & CEO: “I attended Joyce Warnacut’s presentation at the QRM conference and found her presentation to be eye opening and a challenge to my traditional understanding of manufacturing accounting. Now a college financial officer, she was a CFO at two manufacturing companies in Wisconsin that adopted QRM and put her methods and metrics into successful practice. It is a presentation that puts the power of QRM in perspective.”

"The Monetary Value of Time" presentation is indispensable for manufacturing CEOs, CFOs, GMs and Directors; CPAs, Business, Accounting and Finance Consultants, Advisors and Professors, and Economic Development Professionals. The framework presented will enable organizations to develop consistent measures and ensure that their cost accounting system isn’t motivating behaviors that add to lead time and make customers wait.

2:30 pm - Registration

3:00 - Introduction: Rick Bastian, Blackhawk Bank Chairman & CEO

3:15 - Presentation followed by Q & A with Joyce Warnacut, CPA, CPIM

5:00 - 7:00 pm - Complimentary Beer, Wine & Hors d’oeuvres


About the Author & Presenter
Joyce I. Warnacut has over 30 years of experience in manufacturing firms serving as controller, CFO, and vice president. Warnacut is a graduate of Indiana University with a degree in accounting. She became a certified public accountant in Wisconsin in 1983. Additionally, Warnacut completed the requirements for the APICS (Association for Operations Management) certificate in production and inventory management in 1990. More recently, Warnacut attained the leadership level of certification in QRM (Quick Response Manufacturing) as awarded by Tempus Institute. Warnacut currently serves as Director of Finance for Germanna Community College in Locust Grove, Virginia.

Limited Seating! RSVP by Tuesday April 26th
Contact Nancy Rick:
Phone: 608.299.3427


IMEC is proud to partner with Blackhawk Bank to provide industry-relevant solutions to manufacturers in northern Illinois. For more information about services and solutions available to companies, please visit or contact

Marketing Support

Written by Marketing Support

Topics: events, continuous improvement

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