Costing & Pricing

• For manufacturing industries
• For service industries
• For sub-contractors
• For project-oriented entities where projectwise costs and margins are critical

Scientific method of computing costs for the products or services with simulation

Products

• By understanding the entire process flow
• By identifying unit costs at every level
• By identifying direct and indirect costs to be apportioned at agreed method
• Consolidation and arriving at the unit cost of the product
• Sign-off from the stakeholders at every stage and finally for proper ownership and care from the team

Projects

• Activity-wise with a clear workflow
• Understanding the costs at every activity level
• Consolidation and arriving at the project cost with margins
• Sign-off from the stakeholders at every stage and finally for proper ownership and care from the team

Using mainly the accounting system of the entity and within the framework

• Customizing the same if needed
• Costing policy document with clear sign-off from the stakeholders

Implementation

• Documenting, training and ensuring adherence of the costing policy
• Version changes internally and periodically based on addition / deletion / improvisation of processes internally with laid down approvals
• Keeping an owner for the same intenaly to ensure the above happens under our supervision