Unit economics is critically important for product-centric businesses.
If you don't understand your true cost, you might be selling at a much higher price, which would mean that you might not be able to win against your competitors.
Also, if you are selling at a lower price as you may be missing on some cost elements, you might be losing money or selling unprofitable products.
Product costing has deeper implications on your finance, supply chain, and operations.
It could especially be trickier to implement if you have multiple systems involved in the process and don't have a consolidated plan for master data and inventory.
So what are the best practices to implement product costing for a business?
How much is too much?
And how much is not enough?
Let's hear from experts Chris Gherardini, Mark Lilly, Bob Feathers, Dave Crysler, Abubakr Asif, and Sam Gupta as they share their product costing business processes and best practices.
Watch the live stream on:
👀 LinkedIn: [ Ссылка ]
👀 YouTube: [ Ссылка ]
Also, here are some related sessions from the past you might want to check:
💻 Data Cleansing Prior to Implementation: t.ly/S0Ho
💻 Data Sharing Across Multiple Entities: t.ly/LhRU
💻 Source of Truth in Multiple Business Application Scenario? t.ly/IKIL
💻 Planning for Enterprise Data and Analytics: t.ly/cjzj
You can check these sessions as audio podcasts on the following platforms. Subscribe today!
🎧 Apple: t.ly/boU5
🎧 Spotify: spoti.fi/39pCOFr
🎧 Google: t.ly/i56A
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