Are you confident your gross margin numbers are accurate? Most businesses can perform a gross margin calculation, but far fewer can trust what the result actually means. That’s because gross margin is only as accurate as the cost data behind it. And in many ERP...
Cost plus pricing is often presented as the simplest pricing model in business: calculate cost, apply a markup, and you're done. But as discussed in a previous post, the simplicity of a cost plus pricing often leads to significant operational headaches. In today’s...
Pricing is about more than just a number on a product or service; it's a tool that directly affects profitability, customer loyalty, and market positioning. Yet too many companies are still stuck in the world of spreadsheets and manual calculations, leaving them...
Cost plus pricing is one of the most straightforward methods for setting product prices. By adding a consistent markup to the total cost of production, this strategy ensures businesses cover their expenses while earning a steady profit. On the surface, it’s a simple...
As tariffs remain a prevalent aspect of global trade, many businesses are feeling the pressure of these additional costs. Whether it's an import duty on raw materials or a tax on finished goods, the impact of tariffs is real. But how do businesses manage these hidden...
In the intricate world of business, understanding and implementing an effective pricing strategy is paramount. This is where the concept of Plateau Pricing comes into play. Plateau Pricing illuminates the many layers of pricing that businesses often navigate through a...
Thanks to recent feature improvements in Rockton Pricing Management (RPM), Acumatica users can now utilize cost-plus pricing in Field Service management. What is Field Service in Acumatica? Field services show up in lots of ways, mainly when a company has employees...
