Material Cost:
Detail analysis of BOM on regular basis and its impact on product wise contribution margin
In depth analysis of purchase cost for BOM items on regular basis and its impact on product wise contribution margin
Detail analysis of forceful consumption, cost centre consumption, scrap, process loss, product wise yield etc
Conversion cost:
Cost centre, Production unit and plant wise capacity utilisation
Evaluation of off loading / In loading proposals
Reduction in fixed cost / Improvement in productivity/ Analysis of rework cost
Inventory Management:
Category wise inventory levels, Inventory turn over ratios etc.
Non moving inventory of Finished goods, Direct Material and Indirect material
Obsolete inventory and its impact on P&L;
Inventory carrying cost
Part wise contribution analysis for spares - price increase working
Pricing of Inter-company / related party transactions.
Identifying cost reduction lever
Monitoring utilization of investments on bought out components