Understanding Your True Costs of Manufacturing

Understanding the true costs of manufacturing involves analyzing direct costs such as raw materials and labor, indirect costs like utilities and maintenance, fixed costs including rent and equipment leases, and variable costs like materials, energy. Hidden costs such as waste, downtime, and quality control must also be factored in. Accurate tracking, cost allocation, and monitoring production efficiency help identify the cost per unit and product line profitability.

Learn how VAI ERP for Manufacturing can optimize operations, improve pricing strategies, and enhance profit margins for better decision-making and forecasting.