Production, costing and pricing

Production, costing and pricing

Over and underpricing of goods and services are two evils of the same coin. While the risk of overpricing is market shrinkage, the risk of underpricing is wasted earning opportunities and possible outright loss of business assets. Proper costing of services and products is a critical aspect of business operations. As a firm, we have over the years developed tested methodologies and templates of costing services and costing internally manufactured or imported goods. Computed costs for goods and services help the client in:-

  1. Making sound pricing decisions vis-à-vis the market demands
  2. Implementing a sound stocks and inventory monitoring and control system.
  3. Appreciating and managing costs associated with procurement of goods and services for resale.