The Association of Suppliers to the British Clothing Industry (ASBCI) has published a technical handbook that seeks to explain the complex process of garment costing. The 136-page book, designed for ...
Honduras based manufacturing giant Elcatex Group has digitised the garment costing process as part of plans to improve manufacturing efficiency and boost future commercial resilience post Covid-19.
Process costing and operational costing systems are used in accounting, usually in relation to the manufacturing sector. Both refer to the costs of production, but they differ in terms of methodology ...
The generally accepted accounting matching principle requires manufacturing and service businesses to include direct and overhead expenses in product and service costs and, when appropriate, in ...
We hear a lot about the concept of sustainability from an environmental and social standpoint. But what about sustainable business? Is the current customer-supplier model sustainable in the long term ...