To assist management in identifying areas of cost reduction & evaluating variance.
Our costing solutions encompass a wide range of detailed analyses to support informed decision-making and operational efficiency. We conduct BOM and yield analysis, along with routing analysis to evaluate activity hours and optimize production workflows. Our services include raw material consumption analysis and utility cost assessments such as steam and hydro power generation costs. We provide capacity utilization reports, and perform standard cost versus actual cost variance analysis to identify gaps and improve cost control.
Our gross margin analysis is segmented product-wise, vertical-wise, and plant-wise, offering granular insights for profitability tracking. We also devise strategies for process improvement, cost control, and cost reduction, while reviewing and developing standard costing norms to ensure consistency and uniformity. Furthermore, we specialize in Cost-Volume-Profit (CVP) analysis and cost assessments for multi-product, multi-location operations, providing comprehensive support for strategic business planning.
For Engineering / Plastic Industry
Project Analysis / Segment Analysis for one of their Plastic divisions. Arriving at segment margin, various product mix profitability, major Customer-based profitability and detailed time and motion study to identify Bottlenecks, Setup cost and Activity level analysis etc A report on Cost of production for products at SKU level, Sales Analysis with Product mix and its impact, contribution and profits at company level, Areas of Cost Optimization and Customer based analysis.
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