Category: Product Cost Reduction

Reduce Cost of Goods Manufactured (COGM)

It’s crucial that you know how many types of costs your project consist of.It’s important in helping you make plans to reduce the overall supply chain cost. Cost of goods manufactured is one of the costs. Read and know how you can reduce it.

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Bill of Materials: How to Create an Effective BOM?

The bill of materials is crucial to get your product built right, and no one wants to risk facing wrong assemblies purchased, failed product built, or no product at all. So how to write a good BOM to make sure that you’re on the right track?

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