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.
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.