How do flexible packing manufacturers determine a cost for their products?. There are many cost drivers and elements that may be used, such as material price lists, production batch sizes, scrap, yield, production resources, tooling, labour, hourly rates, overheads and landed costs. But the core element to calculate the estimate or the cost is the formula.
For some SME’s, they are content in just defining quantity values for the materials, while others wish to use more detailed information such as product dimensions and density to calculate the weight of materials.
ProcessForce flexibility caters for both, the business and the user can opt to use product dimensions or simply quantities, its really an implemention decision.