Difficulties with conventional costing method ? merchandiser is using excel worksheet to calculate product costing, it would be fine but without the check point on average price and comparison. It will come out with a lot of versions, copies and various format of costing sheet. Making it so difficult to create comparison reports base on those individual excel file, hence no comparison or average cost checking being made during costing. It also creates misunderstanding, confusion due to too many versions and various format of costing sheet being made by each merchandiser. Not to mention losing of vital information due to change of merchandiser. Core Value ? it centralized all the costing sheet of your merchandising department and providing a system for all merchandiser. Standardize the costing element inputting to the database, and most important, create comparison report for all cost element by the system. It compares fabric cost, trim cost, labor cost, subcontract cost and transportation cost. In this connection, it finds out the cheapest from those cost elements, helping your company to improve gross profit. Similarly, the quote comparison report also find out the highest margin customer, thus your company may focus on those profitable customer and end up with higher margin order being placed.
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