Cost of Goods Sold

Cost of Goods Sold

The cost of goods sold, which is commonly referred to as “COGS”, is the direct cost attributable to the acquisition or production of the products sold by a company. Although accounting for inventory and, ultimately, the cost of goods sold can be complicated, the concept is pretty straightforward.

Manufacturing CPR

Manufacturing CPR

Whether you make your own product or outsource, manufacturing isn’t easy. Manufacturing can be an absolute nightmare if you let it get out of control. The good news is that it doesn’t take a degree in industrial engineering to get a better handle on your manufacturing process.