Product Costing and Pricing Systems

Expert Product Costing Methods for New Products

Are You Having Trouble...

...calculating your product costing?

The case for product costing is that you are addressing the final price with the development costs of a new product, which means things are more complex than traditional costing. Product costing and pricing ensures your product will meet project budgets and be affordable. However, achieving your goal may be difficult given the number of the suppliers needed.

Battling through all the quotes is challenging for the uninitiated, but with Intrepid Sourcing’s product costing process, it doesn’t need to be a stressful experience. With so many factories from which to choose, we will help you break down different suppliers for different parts in our product costing process. Remember, you are going to face quote after quote which are often loaded with “standard costing and pricing???. This generally means that product costing and pricing is an extensive process.

Costing and Pricing in Manufacturing

How it Helps

Product costing requires strong attention to detail and analysis, because Asian companies handle components and materials different than their Western equivalents. Intrepid Sourcing is experienced in development costs of a new product and is capable of providing your company with a detailed breakdown of your product. 

By relaying the product costing process to us, you can smoothly check the cost of your newly designed product without a hassle. Intrepid Sourcing will lead you to the OEM companies with the best product costing and pricing. This means you won’t have a hassle with your specifications. Our product costing system makes sure that you get a reliable final production price for different quantities. A feasibility study is a good way to assess the basics.

The Benefits of the Product Costing and Pricing

Find the Exact Cost

Consider All Components

A custom design requires a custom product costing system with pricing from a number of suppliers. Each supplier will have their own standard costing and pricing. While this complicates the product costing process, our expertise helps to see how components effect your product costing system.

Choose the Right Supplier

With so many factories from which to choose, we will help you break down different suppliers for different parts in our product costing process. The development cost for a product can be decreased if the options for each part are checked.

Link Your Suppliers

Different suppliers for different parts of your product have to be coordinated. We help across every aspect of the product outsourcing process, ensuring that you have access to the best manufacturing product costing and pricing that can handle what’s required by you.

Optimizing Each Part

Integrating more standardized or cheaper parts helps to reduce overall cost. Optimizing your costing structure is a smart business decision, but only when a proper approach is taken to your product costing initially. This means to check each part separately and in context.

Reduce Your Cost

Analyze and compare suppliers to receive the most accurate product costing. Our standard costing methods will help you customize your system to reduce costs. Working within our product costing framework gives you the lowest cost for the product you want.

Improve Your Lead Times

Did you know, most SMEs often get bogged down by complicated product costing and pricing? We provide a detailed analysis that allows you to adjust to the most efficient lead time for all components and final assembly with our product costing system. 

Need Product Costing?

Try one of these solutions.

Manufacturing Analytics

Starter Manufacturing

Still Unsure?

Contact Us Now for a Free Consult!


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