How to Determine Quotation Prices for the Manufacturing Industry 1
Explanation of how to calculate estimated prices!
In the manufacturing industry, accurate estimation of prices is crucial for improving yield. Understanding the method of calculating labor rates, in particular, forms the foundation of cost management. If labor rates are not calculated correctly, it can pressure profits and negatively impact management. This video explains the basic concepts of labor rates and suggests ways to enhance the transparency of estimation prices. 【Usage Scenarios】 - When creating estimates for new products - When aiming for cost reduction - When wanting to review the method of calculating labor rates 【Effects of Implementation】 - Accurate estimation of prices - Improved cost management capabilities - Enhanced profit margins
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