production cost Archives

November 21, 2017

3 Minute Read

As the external environment tightens, small businesses are feeling the pressure to be competitive more than ever. Businesses tha......

Topic: inventory management lean inventory management production cost supplier management

August 5, 2017

3 Minute Read

When you’re first starting out, it can be difficult to set prices for your products. Although pricing can be a difficult probl......

Topic: business costs pricing product bundle product bundling production cost

July 4, 2017

3 Minute Read

For most stock-based businesses, inventory is likely to be the business’ biggest asset. Even if a business has some other, hig......

Topic: accurate costs accurate inventory inventory accounting inventory cost production cost

June 29, 2017

3 Minute Read

In inventory management, the Just-In-Time or JIT system reduces wastage, improves efficiency and productivity, and contributes t......

Topic: accurate inventory inventory methodology JIT just-in-time just-in-time methodology manufacturing production cost supplier relationship