MANUFACTURING
Optimizing Financial Operations for a Manufacturing Company
Client challenge: Consistent errors in inventory valuation and production costing were impacting pricing decisions.
Shared Responsibility / Light Ownership
"This setup transitioned from client-managed to senior-led as complexity increased."
Challenge
Consistent errors in inventory valuation and production costing were impacting pricing decisions. The internal team lacked deep cost accounting expertise.
OFP Role & Responsibility
What OFP Did
Implemented rigorous inventory valuation methodologies and managed the cost accounting ledger.
What Client Kept
Retained decision rights on product pricing and supplier negotiation.
Outcome
Improved production cost accuracy by 32%. Management gained confidence in their margins and pricing strategy.
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