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Key drivers of product cost

Key drivers of product cost

by Vibha Menawat | Apr 10, 2025 | decision-making, manufacturing costs, manufacturing overhead, product costing, profitability

Understanding what drives product costs is essential for manufacturing companies aiming to improve profitability and make informed operational decisions. Two critical factors—product profitability segmentation and the limitations of standard costing practices—play a...
Data driven decision-making

Data driven decision-making

by Anil Menawat | Feb 15, 2025 | data driven, decision-making, manufacturing, operations, profitability

If you ask someone from the American Midwest how they feel in 80°F weather, they’ll likely say it’s too hot. But ask someone from the tropics, and they’ll tell you it feels just right. The same temperature, yet completely different reactions—why does this happen? Now,...
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