Full Crash Course on Udemy for $9.99! http://bit.ly/2DfGBXu Costs can be split up into manufacturing and non-manufacturing costs. We'll look over certain direct and indirect costs and decide how they should be categorized. This tutorial will come in handy when we begin to prepare Cost of Goods Manufactured Statements! Website: http://www.notepirate.com Follow us on Facebook: https://www.facebook.com/pages/Note-Pirate/514933148520001?ref=hl Follow us on Twitter: http://twitter.com/notepirate We appreciate all of the support you guys have given us. Be apart of the mission to help us reach more students by subscribing, thumbs upping and adding the videos to your favorites! ** Notepirate is privately owned and exclusive to Notepirate.com.**
Views: 69348 Notepirate
In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe. Get the Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Next video-drawing the cost curves https://www.youtube.com/watch?v=qYKJdooEnwU Watch Episodes of Econmovies- https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH More videos about the costs of production- https://www.youtube.com/playlist?list=PLE70CA726102FB294
Views: 921988 Jacob Clifford
The following video breaks down how a manufacturer should come up with a price for industrial finished goods. First, the company must account for its material costs and apply a 5 percent indirect cost to that portion of the manufacturer's price sheet. This 5 percent is meant to offset overruns in production and or additional costs of financing inventory and material purchases. Second, the company must account for its labor relative to each operation performed to turn a raw material into a finished good. The calculation involves defining the operation and applying the labor cost to both the setup time in manufacturing and the actual run time. Third, all labor costs are added in order to come up with a complete total for all the costs of manufacturing a given product. Those costs are then followed up by the company's overhead, which is calculated by taking its indirect expenses divided by its direct expenses. Indirect expenses are those expenses that are in addition to the the costs needed to produce a part. Direct expenses are exactly that. These include the costs involved or expenses involved in manufacturing the part. Finally, the company adds its mark-up in order to secure a profit on the sale. Profit is critical because it helps to fund the company's pursuit of new product introductions and secure its long-term future. Here is a sample of the Manufacturer Price Sheet in Excel Format http://www.driveyoursuccess.com Video explains how to price a product with direct material, labor, overhead and profit
Views: 31588 Ian Johnson
http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ Eduardo Orellana: "Hi +Evan Carmichael I have a question for you, what happens if you've found a product or service that people need and it is extremelly valuable but are having a hard time deciding how much to charge people for it? "
Views: 94640 Evan Carmichael
NRE cost, PRODUCT COST OPTIMISATION
Views: 277 MAHESH'S ENGINEERING ACADEMY
Join PTC for this On-Demand Webinar to hear best practices to enable better cost analysis during product development, and learn about PTC's new Windchill Cost solution. The webcast will cover: •Launching products at or under target cost •Rolling up product cost for different configurations of the BOM using different cost models •Providing cost visibility to the entire product development team •Trade-off analysis of cost and other product dimensions such as environmental performance Windchill Cost automatically incorporates product changes into cost analysis, and makes product cost analytics an integral part of the standard product development process. With Windchill Cost you can empower users to make smarter decisions and ensure that products meet all cost targets. Featured Speaker Jim Sweeney, PTC's Senior Product Management Director, presents the latest on PTC's solution for product cost analysis.
Views: 2056 GetProductiveNow
Every organization needs to adapt to the ever-changing business environment. Sensing this need, we have come up with these content-ready change management PowerPoint presentation slides. These change management PPT templates will help you deal with any kind of an organizational change. Be it with people, goals or processes. The business solutions incorporated here will help you identify the organizational structure, create vision for change, implement strategies, identify resistance and risk, manage cost of change, get feedback and evaluation, and much more. With the help of various change management tools and techniques illustrated in this presentation design, you can achieve the desired business outcomes. This business transition PowerPoint design also covers certain related topics such as change model, transformation strategy, change readiness, change control, project management and business process. By implementing the change control methods mentioned in the presentation, you will be able to have a smooth transition in an organization. So, without waiting much, download our extensively researched change management framework presentation. With our Change Management Presentation slides, understand the need for change and plan to go through it without any hassles.
Views: 16 SlideTeam PPT Designs
This video shows you how to use the output from a SPSS Conjoint Analysis to determine (a) which new product combination, and (b) the optimal pricing of that new product, that will result in maximized profits. This video assumes you already have a basic familiarity with conjoint analysis and that you can run a conjoint analysis within SPSS. This video is about what you do AFTER you run the conjoint analysis. There are numerous assumptions made throughout the exercise to simplify the task. If you are ambitious and would like to apply this technique to a real world business problem, I would encourage you to contact me so that we can talk about appropriate assumptions for your particular business case.
Views: 17764 Dr. Baker SDSU Marketing
Download file from “Highline BI 348 Class” section: https://people.highline.edu/mgirvin/excelisfun.htm Learn how to create a Monte Carlo Simulation for a New Product Profitability based on three Random / Uncertain Variables. Direct Labor Cost Random Variable is based on a Relative Frequency Distribution based on past Accounting Data. The Direct Material Random Variable is based on a Uniform Distribution. The Demand Random Variable is based on a Normally Distributed Random Variable. 1) (00:13) Problem and variable introduction. 2) (04:38) Create Randomizing formula for Direct Labor Cost Random Variable is based on a Relative Frequency Distribution based on past Accounting Data. Use the RAND and LOOKUP Functions. 3) (07:50) Create Randomizing formula for Direct Material Random Variable is based on a Uniform Distribution. See the RANDBETWEEN function. 4) (08:48) Create Randomizing formula for Demand Random Variable is based on a Normally Distributed Random Variable. Use the RAND, NORM.INV, ROUND, and MAX functions. 5) (10:53) Create Profit Formula with Static and Uncertain Variables (Set and Random Variables). 6) (11:37) Create Simulation with the Data Table feature and an Empty Cell for the Column Input. 7) (13:40) Perform Analysis including creating a Relative Frequency Distribution to calculate Estimated Probabilities to aid in Decision Making. Download Excel File Not: After clicking on link, Use Ctrl + F (Find) and search for “Highline BI 348 Class” or for the file name as seen at the beginning of the video.
Views: 17659 ExcelIsFun
SHOULD COST ANALYSIS (SCA©) is a professional global online service from Real Insight offering a quick, accurate and proven methodology for determining the Should Cost (calculated fair ex-factory price) for your electronic products. This online application requires simple input data to profile your Printed Circuit Board Assemblies (PCBAs) and/or Final Assembly (FA) products using your own estimated Bill of Material (BOM), a few product/design characteristics and of course your chosen country of manufacture.
Views: 1273 Real Insight Ltd
The “best” price for a product or service is one that maximizes profits, not necessarily the price that sells the most units. This presentation uses real-world examples to explore how Excel’s Solver functionality can be used to calculate the optimal price for any product or service. Downloadable slides are available from SlideShare at http://goo.gl/yGmGfq
Views: 52776 Michael Lamont
What exactly is Value Analysis? What are the core elements of this methodology? And why has this approach been so successful for 70 years? How do you proceed within such a value analysis project? What are the tasks of a Professional in Value Management (PVM)? This short explanatory video gives a first overview of the topic using the example of a construction project. The methodology Value Analysis is an organized and creative approach that applies a function- and cost-oriented design process with the aim of increasing the value of the value analysis object. It is characterized by: • Functional orientation (basic idea: The customer does not want the object but its function / effect) • Value concept (How can I increase the value of an object? How can I realize functions at the best price?) • Holistic approach (integration of all stakeholders) • Interdisciplinary teamwork (integration of employees from product development, production, sales, purchasing ...) with space for creativity • Structured, step-by-step approach (according to the value analysis work plan described in the guideline VDI 2800) and • Application neutrality, which means that the methodology can be used independently of the industry, from the phase of the project (from the concept phase to the existing product) and from the considered object (product, process, service). How these core elements, responsible for the success of the methodology, are working together, is shown vividly. In 1947 Value Analysis has been developed in the USA by Lawrence D. Miles. The Technical Division Value Management / Value Analysis at the VDI has been the leading organization for the application, support and further development Value Analysis / Value Management in the German-speaking world since 1967. It also plays a leading role in the international community. Links: Technical Division Value Management/Value Analysis http://www.vdi.eu/engineering/vdi-societies/product-and-process-design/product-and-process-design/value-managementvalue-analysis/
Views: 6213 VDI
In this Video Dr. Vivek Bindra explains in very simple terms, the 4 quadrants of Business practice. This video beautifully explains the following quadrants for start ups, small entrepreneurs, small business etc as follows 1. Value for Money | 2. Opportunistic | 3. Premium | 4. Chinese Market. Through these quadrants Dr. Bindra asks young entrepreneurs to identify their business propositions and determining on which proposition would they like to position their business. This is a very enabling video that seeks to empower the business class society of India today and handhold them to success. If you want to avail the full benefits of this business concept, then do not forget to attend the 6 months long term Leadership Funnel Program To Attend a 4 hour Power Packed “Extreme Motivation & Peak Performance” Seminar of BOUNCE BACK SERIES, Call at +919310144443 or Visit https://bouncebackseries.com/ To attend upcoming LEADERSHIP FUNNEL PROGRAM, Call at +919810544443 or Visit https://vivekbindra.com/upcoming-programs/leadership-funnel-by-vivek-bindra.php Watch the Leadership funnel Program Testimonial Video, here at https://youtu.be/xNUysc5b0uI Follow our Official Facebook Page at https://facebook.com/DailyMotivationByVivekBindra/ and get updates of recent happenings, events, seminars, blog articles and daily motivation.
Views: 841399 Dr. Vivek Bindra: Motivational Speaker
How to Estimate New Product Cost accurately and efficiently in QAD ERP system, elevate the entire bidding process and speed-up new product launches? 32soft webinar re-play will walk you through the steps. You'll see how to perform cost simulations using real-time costs from QAD – plus, add components and costs that don’t currently exist in QAD. All without changing any BOM or product structures in QAD. More information http://www.32soft.com/bom-simulator-webinar/ http://www.32soft.com/bom-excel-loader-for-qad-13-5/ http://www.32soft.com/managing-simulated-cost-set-with-excel-loader-30-13-5/ http://www.32soft.com/product-change-control/ http://www.32soft.com/dynamic-bom-excel-loader/ http://www.32soft.com/webinar/
Views: 28 marklefre
How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling cars, pizza, or glow sticks, this video has pretty much all the information you need to run a business. Well, not really, but there's a lot of good stuff in here. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 424774 CrashCourse
For Part 2, Go To http://mbabullshit.com/ If You Liked it, Support my Free Videos at https://www.patreon.com/MBAbull Activity Based Costing Example In 3 Minutes Activity Based Costing is different from traditional costing... Traditional costing is easy because if often just divides some types of costs equally between different items. These are usually costs which are a bit difficult to divide or allocate between products, such as electricity, telephone bills, internet usage, rent, salaries, and others.However, Activity Based Costing finds ways to divide or allocate these costs more proportionally or "fairly"... ...so that we can write down a higher cost for items or products which use more of the stuff related to costs. For example, we might want to write down a higher electric power cost for burgers than for lemonades. As a result, this might cause us to sell our burgers at a higher price than the lemonades, and the lemonades at a lower price than the burgers. Of course, electric power is not the only cost in making burgers and lemonades. Therefore, we have to think about other costs as well before making our final pricing decisions. Check out my free video at http://www.MBAbullshit.com See ya there!
Views: 196509 MBAbullshitDotCom
On Udemy: https://www.udemy.com/user/365careers/ On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers This lesson on Business strategy introduces the idea behind doing SWOT analyses. Watch more at https://www.udemy.com/mba-in-a-box-business-lessons-from-a-ceo . This video is part of a series of short lessons about Business Strategy. The complete module can be found on Udemy, as a core part of the MBA in a Box course by CEO Valentina Bogdanova and 365 Careers. The course provides a complete Business Education: Business Strategy, Management, Marketing, Accounting, Decision Making & Negotiation in just under 10 hours. -------------------------------------------------- Strategy module table of contents: MBA in a Box: Introduction 1. What does the course cover? Section: 2 Strategy: An Introduction 2. The role of Strategy and what makes a Strategy successful 3. The difference between Corporate and Business Strategy 4. The importance of the Mission, Vision, Goals, and Values statements Section: 3 Strategy: The industry lifecycle model 5. The four stages of the industry lifecycle model - An introduction 6. The strategic importance of the industry lifecycle model 7. The Introduction stage - A new industry is born 8. The Growth stage - An industry in its expansion phase 9. The Maturity stage - An industry at its peak 10. The Decline stage - An obsolete industry Section: 4 Strategy: Porter's Five Forces model - The competitive dynamics in an industry 11. Michael Porter's Five Forces model 12. The threat of new entrants 13. The threat of substitute products 14. The intensity of current competition 15. The bargaining power of suppliers 16. The bargaining power of clients 17. Porter's Five Forces framework applied in practice Section: 5 Strategy: Game Theory - Studying the interaction between multiple parties 18. An introduction to Game Theory 19. Zero-sum games - approaching situations with a win-lose perspective 20. Non-zero-sum games - considering both cooperation and confrontation 21. Tobacco companies - a real-life example of Game Theory application Section: 6 Strategy: Focusing on the inside of a business 22. Focusing on the inside of a business - An Introduction 23. A company's lifecycle model - what should be done at different stages Section: 7 Strategy: Acquiring a competitive advantage 24. The quest for a competitive advantage - An Introduction 25. The importance of building a sustainable competitive advantage 26. The role of resources and capabilities 27. Acquiring an actual competitive advantage Section: 8 Strategy: The three main competitive strategies 28. The three main competitive strategies 29. Cost leadership - sell cheap 30. Differentiation - be different 31. Niche (Focus) strategy - find your niche market 32. The danger of hybrid strategies Section: 9 Strategy: Corporate growth strategies 33. The types of growth opportunities companies pursue 34. Organic growth - building a solid foundation 35. Inorganic growth - leveraging M&A transactions 36. Horizontal integration 37. Vertical integration Section: 10 Strategy: The SWOT analysis framework 38. An introduction to SWOT analysis 39. SWOT analysis in practice - Starbucks -------------------------------- Strategy analysis has two main branches – analysis of a firm’s external environment and analysis of a firm’s internal environment. SWOT is a famous framework that allows us to combine the two types of analysis. SWOT is sometimes referred to as internal-external analysis. The acronym SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. The first two, Strengths and Weaknesses, are related to a firm’s internal environment, while the last two, Opportunities and Threats, consider its external environment. Internal strengths and external opportunities are vertically paired as helpful elements, while internal weaknesses and external threats are paired as harmful elements. if we perform a company analysis, under strengths, we would expect to see its core competences, the areas where the business excels and has a competitive advantage over competitors. Weaknesses are areas that need improvement. Such vulnerabilities place a company at a disadvantage when competing against other firms. Opportunities can be seen as favorable factors existing in a company’s external environment, in the industry where it operates, and have the potential to improve its current results and competitive positioning. Threats arise in a company’s external environment and might harm its current business.
Views: 179773 365 Careers
aPriori's Product Cost Management platform helps companies launch new products at or below target cost by giving them real-time feedback on every single design change they are considering, as they are considering making the change.
Views: 2909 aPrioriTech
How to price your products to maximize demand and profit and create a strong business strategy using the Predictive Innovation Method with Flying Cars as an example. http://www.PredictiveInnovation.com/ Addresses the common economic error of the zero sum game. This is holistic approach to deal with subjective and conditional nature of price. By focusing on the value of using the product you can calculate the price customers are willing to pay, both in money and other factors.
Views: 45573 Mark Proffitt
This video explains the concept of Absorption Costing in Managerial Accounting. A comprehensive example is provided to explain how absorption costing is used to calculate per unit product costs as well as to create an absorption costing income statement. The video also contrasts the absorption costing method with the variable cost method and discusses how the use of absorption costing can lead to distorted measures of profitability and perverse managerial incentives. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 234924 Edspira
In this Video Dr. Vivek Bindra explains the 3 steps to build your product strategy. Through this video , he guides the business class to learn to select the right customers | audience for their business. He says it is very important to understand the demographics|psychographics of the audience. He further says that during the initial days of the business, a wrong customer can kill the liquidity in your business. Acquisition of the wrong customer is very harmful for thee business due to delayed payments, defaults in payments etc. It is further important to identify the right product mix ( High focus | Low focus | No focus ) products in your business. He has also given his audience an unique RISIMIS formula ( Ritual of Sixty Minute Solitude ). Next he explains in detail about the value proposition of a business. On what proposition must a businessman position his product ( Performance value, Relational Value, Emotional value, Relationship Value ). Next, he outlines how to deliver the selected product to the selected customer through an effective marketing communication strategy, value packaging and positioning mechanism, and the right communication channel. This video package is a powerful solution towards upgrading a start up business To Attend a 4 hour Power Packed “Extreme Motivation & Peak Performance” Seminar of BOUNCE BACK SERIES, Call at +919310144443 or Visit https://bouncebackseries.com/ To attend upcoming LEADERSHIP FUNNEL PROGRAM, Call at +919810544443 or Visit https://vivekbindra.com/upcoming-programs/leadership-funnel-by-vivek-bindra.php Watch the Leadership funnel Program Testimonial Video, here at https://youtu.be/xNUysc5b0uI Follow our Official Facebook Page at https://facebook.com/DailyMotivationByVivekBindra/ and get updates of recent happenings, events, seminars, blog articles and daily motivation.
Views: 266780 Dr. Vivek Bindra: Motivational Speaker
Like free SAP training? Then sign up here: https://www.michaelmanagement.com/register.asp Overhead Cost is an important cost component when calculating a Standard Product Cost, there are many methods available, how do you decide which is appropriate for your requirements? This Webinar will cover common use cases for each method. You will learn: • How to absorb overhead using an Overhead Costing Sheet • How to absorb overhead using a Costing Template • How to absorb overhead using a Production Order Routing Activity
Views: 6419 Michael Management Corporation
This video provides an overview of the cost volume profit analysis and completes a simple breakeven calculation for a single product. Recorded: 8 June 2016
Views: 3794 drdavebond
http://www.lifecycle-performance-pros.com. This video illustrates four common pricing structures for growing your business and maximizing profits. pricing strategies, competitive pricing, cost based pricing, pricing structures, price structure, price skimming, value pricing, company pricing, different pricing strategies, bundle pricing, pricing modelshttp://www.lifecycle-performance-pros.com
Views: 2590 Victor Holman
Calculating profit per product or service using Microsoft Excel. In this example I use selling products on eBay and how to calculate breakeven and gross profit margins. Obviously the costing columns can be re-titled for the product or service you provide. Need help with Sage or other accounting software? Drop us an email at [email protected] Take our Online Sage training course http://www.bpfs-online.com/p/online-sage-training-course.html Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Sage Accounts Bookkeeping Tutorial/Training Learn more at www.bpfs-online.com
Views: 103986 BookkeepingMaster
Webiste: www.farhatlectures.com Like us on Facebook: https://www.facebook.com/accountinglectures Visit the website where you can search using a specific term: http://www.farhatlectures.org/ Connect with Linked In: https://www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ Product inventory for both manufacturing and merchandising firms is treated as an asset on their balance sheets. As long as the inventory has market value, it is considered an asset until the inventory is sold; then the cost of the inventory is transferred to the income statement as cost of goods sold. It is helpful, in understanding product costs for a manufacturer, to con- sider the value chain. The value chain of a manufacturer begins with the upstream activities of design, product development, and new product testing and then moves to manufacturing, followed by the downstream activities of distribution, sales, and customer service. The costs of the upstream and downstream activities are not product costs. Product costs for a manufacturing firm include only the costs necessary to complete the product at the manufacturing step in the value chain: 1. Direct materials. The materials used to manufacture the product, which become a physical part of it. 2. Direct labor. The labor used to manufacture the product. 3. Factory overhead. The indirect costs for materials, labor, and facilities used to support the manufacturing process. Product costs for a merchandising firm include the cost to purchase the product plus the trans- portation costs paid by the retailer or wholesaler to get the product to the location from which it will be sold or distributed. All other costs for managing the firm and selling the product are not product costs. They are expensed in the period in which they are incurred; for that reason, they are also called period costs. Period costs (nonproduct costs) include the general, selling, and administrative costs that are necessary for the management of the company but are not involved directly or indirectly in the manufacturing process (or, for a retailer, in the purchase of the products for resale). Advertising costs, data processing costs, and executive and staff salaries are good examples of period costs. In a manufacturing or a merchandising firm, period costs are also sometimes referred to as operating expenses or selling and administrative expenses. In a ser- vice firm, these costs are often referred to as operating expenses.
Views: 1315 Farhat's Accounting Lectures
aPriori product cost management provides a standard technology platform that can be used by engineering, sourcing, finance and manufacturing to understand how their daily decisions on new product initiatives, value engineering projects and sourcing strategies impact product cost. System users do not have to be cost experts to leverage the system, and it provides clear visibility to the cost of tradeoff decisions early in the design cycle.
Views: 1064 aPrioriTech
According to Porter's five forces framework the competitive environment in an industry is influenced by five forces: • The Threat of new entrants; • The Threat of substitute products; • The Rivalry among existing firms; • The Bargaining power of buyers; • And the Bargaining power of suppliers. The five forces model teaches us that competition has multiple dimensions. It is important how many direct competitors we have, but it is also important if clients can choose to use alternative products, or if new entrants are likely to enter the market and increase current levels of competition. In addition, we shouldn’t forget that clients and suppliers can have a very strong bargaining power, and dictate the terms if the companies in an industry are unable to do anything about it. On Udemy: https://www.udemy.com/user/365careers/ On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers
Views: 111953 365 Careers
Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically. #Marketing #Marketing101 #GrowBusiness
Views: 67729 Intellectual Indies
What is the food cost formula and how can you use it to calculate your restaurants food cost percentage. I will explain everything you need to know about food costing in this video. As a restaurant owner, manager, operator or chef, you have to know how to calculate your food cost so you can lower expenses and increase your profits. If you enjoyed this video and want more just like them including a free training series called the foundation to a lifetime of restaurant success. Click Here: http://TheRestaurantBoss.com LEARN MORE ABOUT BACON: http://ClickBacon.com DOWNLOAD THE RESTAURANT PROFIT GUIDE: http://restaurantprofitandperformance.com MORE FREE RESTAURANT TRAINING TIPS: http://RestaurantProfitandPerformance.com SUBSCRIBE: http://www.youtube.com/subscription_center?add_user=gromfinboss At The Restaurant Boss, I post weekly training tips for restaurants and bar’s. Tips range from food and labor cost, to restaurant specific marketing and management. I welcome you to check it out and sign up for my FREE video training series. LET’S CONNECT! Facebook - http://facebook.com/TheRestaurantBoss Twitter - https://twitter.com/RyanGromfin Instagram - http://instagram.com/ryangromfin MORE GREAT VIDEOS https://www.youtube.com/user/gromfinboss Please be sure to like this video and leave your comments or questions below as well as share this video with your friends, co-workers and other restaurant owners, managers and operators. I promise to respond to every comment or question! Thank you, Ryan Gromfin The Restaurant Boss http://TheRestaurantBoss.com
Views: 561433 The Restaurant Boss
The On-Demand Webinar, Automotive cost management and profitability analysis during new product development and introduction (NPDI). View the entire Webcast here: https://www.plm.automation.siemens.com/global/en/topic/product-cost-management-on-demand-webinar/11261
Views: 375 Siemens PLM
You will be doing a lot of project for Consumer Goods producer especially for Fast Moving Consumer Goods (FMCG). Modeling the costs of production is relatively easy, yet you need the right approach to do it fast and get results you can draw conclusions from. In the movie I will show you how to model the fixed and variable production costs for a FMCG producer. This is a part of my on-line course available with big discount: http://bit.ly/FinancialModelingOfflineBusiness Check also my other business models in Excel 1. Restaurant model in Excel: https://www.youtube.com/watch?v=P3rrLgaaOLI 2. Retail model in Excel: https://www.youtube.com/watch?v=e_3HymWbj8w 3. E-commerce model: https://www.youtube.com/watch?v=NjQrW--dfm0 4. Financial modeling - working capital: https://www.youtube.com/watch?v=mJd4XRTOwSg 5. Modeling Consulting firm in Excel: https://www.youtube.com/watch?v=ijtVIZDb880 6. Financial modeling – capex and depreciation: https://youtu.be/g647Bz4nVe0 7. Post on financial modeling: https://badassconsultants.com/2018/09/26/how-to-create-a-finacial-model/ 8. E-commerce model in Excel: http://bit.ly/EcommerceEloquens
Views: 908 Startup Akademia
In this SAP enterprise performance management (EPM) webinar replay, Rolf Sieberg and Guido Eichmann – SAP EPM product development – demonstrate a solution realized with SAP Business Planning and Consolidation 10.1 on SAP HANA to predict cost changes, margin impacts, and procurement requirements for potential future market conditions. Rolf and Guido’s presentation illuminates the ideal combination of SAP Business Planning and Consolidation with SAP HANA for on-the-fly simulations and what-if analyses. The session concludes with a Question & Answer with the presenters. Agenda: - Introduction w/ Rolf Sieberg - Overview: Product Cost Forecast and Simulation – 00:47 - Business Use Case – 05:20 - Architecture Layout – 17:13 - Demonstration w/ Guido Eichmann – 22:23 - Q&A – 41:12 Brought to you by the SAP Product Management Analytics Group - http://blogs.sap.com/analytics
Views: 4524 SAP Analytics
Join Dollar Shave Club for only $5 http://www.dollarshaveclub.com/polymatter Thanks to sponsor Dollar Shave Club, new members get their 1st month of the Daily Essentials Starter Set including trial-sized versions of their Body Cleanser, One Wipe Charlies’ Butt Wipes, and Shave Butter along with their Executive Razor for only $5 with free shipping. Patreon: https://patreon.com/polymatter Twitter: https://twitter.com/polymatters Reddit: https://reddit.com/r/PolyMatter Discord: https://discord.gg/polymatter Amazon sells everything from streaming video to organic grapes, and it’s all part of a large (likely successful) strategy to dominate the entire consumer market. *The end of this video includes a paid sponsored promotion. This company had no part in the writing, editing, or production of the rest of the video. Credits Music is by Varsity Star: https://varsitystar.bandcamp.com/releases and the Varsity Star Facebook is https://www.facebook.com/varsitystarmusic/ The biggest source of inspiration for this video is the wonderful Ben Thompson's analysis of Amazon at https://stratechery.com - highly recommended. “wasted” GTA font used under a free license: https://www.dafont.com/pricedown.font SEC report from Amazon, including its competitors: https://www.sec.gov/Archives/edgar/data/1018724/000101872416000172/amzn-20151231x10k.htm https://www.usatoday.com/story/tech/news/2016/12/29/amazons-patent-flying-warehouse/95951942/ http://money.cnn.com/2017/02/28/technology/amazon-web-services-outages/index.html http://money.cnn.com/2017/08/23/technology/amazon-education-tenmarks-writing/index.html https://www.usatoday.com/story/tech/news/2017/02/28/amazons-cloud-service-goes-down-sites-scramble/98530914/ https://www.tomshardware.com/news/Amazon-Kindle-Cost-Production-Supplies-Parts,13953.html https://www.nytimes.com/2018/05/16/technology/moviepass-economy-startups.html http://www.businessinsider.com/amazon-prime-member-numbers-revealed-2018-4 https://www.cbinsights.com/research/report/amazon-strategy-teardown/ https://a16z.com/2014/09/05/why-amazon-has-no-profits-and-why-it-works/ https://techcrunch.com/2017/05/14/why-amazon-is-eating-the-world/ https://www.usatoday.com/story/tech/talkingtech/2017/03/01/amazon-control-internet-aws-cloud-services-outage/98548762/ https://www.forbes.com/sites/quora/2017/11/13/to-what-extent-are-amazon-and-google-competitors/#773520114267 https://searchengineland.com/survey-amazon-beats-google-starting-point-product-search-252980 https://www.economist.com/briefing/2017/03/25/are-investors-too-optimistic-about-amazon https://www.economist.com/leaders/2017/03/25/amazon-the-worlds-most-remarkable-firm-is-just-getting-started https://www.cnbc.com/2018/01/24/amazon-pharmacy-team-expanded-to-more-than-30-leerink.html https://stratechery.com/2018/amazons-go-and-the-future/ https://stratechery.com/2016/the-amazon-tax/ https://stratechery.com/2018/amazon-health/ https://stratechery.com/2014/losing-amazon-religion/ https://stratechery.com/2013/amazons-dominant-strategy/ https://www.entrepreneur.com/article/197608 https://www.nytimes.com/2018/05/16/technology/moviepass-economy-startups.html https://www.wsj.com/articles/amazons-newest-ambitioncompeting-directly-with-ups-and-fedex-1474994758 https://www.investopedia.com/articles/investing/031116/making-sense-amazons-move-logistics-amzn.asp https://www.investopedia.com/articles/investing/020515/why-amazon-needs-dump-ups-and-fedex-amzn-fdx-ups.asp https://www.amazon.com/gp/product/B00LT3L7AO/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B00LT3L7AO&linkCode=as2&tag=sgtsnu-20&linkId=YN4RE2ODX35ZZBNQ http://markets.businessinsider.com/news/stocks/amazon-stock-price-here-are-the-4-industries-wall-street-thinks-amazon-will-destroy-the-fastest-2017-9-1002426699 https://venturebeat.com/2017/07/17/amazon-tanks-blue-aprons-stock-with-one-trademark-filing/ https://www.greenwichtime.com/technology/businessinsider/article/Blue-Apron-got-Amazoned-before-it-even-became-a-11255872.php https://www.investopedia.com/news/amazon-launches-amazon-cash-amzn-wmt/ https://www.fastcompany.com/3038252/the-economist-trades-in-henry-kissinger-for-googles-eric-schmidt https://www.investopedia.com/articles/company-insights/092016/7-worst-products-amazon-ever-had-amzn.asp http://www.bloomberg.com/news/2013-10-24/amazon-revenue-tops-estimates-before-holiday-quarter.html https://www.nytimes.com/2017/10/20/opinion/how-amazon-took-seattles-soul.html https://thenextweb.com/mobile/2011/09/28/amazons-bezos-we-worked-hard-to-charge-you-less-for-kindle-fire/ https://www.wsj.com/articles/amazon-welcomes-teens-with-new-parent-controlled-shopping-allowance-1507726803 https://www.bloomberg.com/news/articles/2018-05-10/amazon-is-said-to-halt-google-shopping-ads-as-rivalry-heats-up https://stratechery.com/2018/divine-discontent-disruptions-antidote/ http://fortune.com/longform/amazon-groceries-fortune-500/
Views: 1412461 PolyMatter
In this video Dr Vivek Bindra explains about Consumer Behaviour. He explains in details about how a businessman can improve his sales by understanding the consumer behaviour. He shares different case studies in this video to explain about consumer behaviour. Watch this video till the end to know all the details. To Attend a 4 hour Power Packed “Extreme Motivation & Peak Performance” Seminar of BOUNCE BACK SERIES, Call at +919310144443 or Visit https://bouncebackseries.com/ To attend upcoming LEADERSHIP FUNNEL PROGRAM, Call at +919810544443 or Visit https://vivekbindra.com/upcoming-programs/leadership-funnel-by-vivek-bindra.php Watch the Leadership funnel Program Testimonial Video, here at https://youtu.be/xNUysc5b0uI Follow our Official Facebook Page at https://facebook.com/DailyMotivationByVivekBindra/ and get updates of recent happenings, events, seminars, blog articles and daily motivation.
Views: 2869355 Dr. Vivek Bindra: Motivational Speaker
How to use Google Trends for internet marketers... The 2019 edition! Learn how to leverage Google's data to compare trends in keywords, niches and topic ideas in seconds. Use Google Trends for your market research to get a competitive edge on your competition, every time! Google trends was officially launched in May of 2006 and has become one of the world's most powerful niche and market research tool available free to you, every day! Whether you are trying to compare keyword search volume over time, or identifying which niches are currently trending to focus your marketing efforts, with a few clicks of the mouse you will be able to visually identify what is trending in the mindset of your target audience. If you want more help with keyword research and how to create your master keyword list, watch this video next: https://www.youtube.com/watch?v=eofkzs0fVOA Why is it important to know what is trending in the mass consciousness of your target market? Easy... People turn to Google's search bar for their deepest and most urgent questions. The questions they search and the phrases they use to create a massive dataset that begins to paint a picture of the biggest desires within your audience. Once you understand what the trending desires and questions are within your target market, you are able to create niche websites, articles, videos, podcast episodes, products and services to help your audience achieve their true desires. You see, desire is not created within your audience... Their desires are already there. Your job as an internet marketer is to tap into their desires, answer their questions, help them avoid their fears and ultimately achieve their goals and desires. When you are able to see what questions, desires and fears are trending, in nearly real-time, you have a very clear picture of what content and products are being requested by your audience. The Google Trends tool is the key to unlock this mystery behind your audience's deepest desires! This video shows you how to use Google Trends in 2018, quickly and efficiently so you can get the information you need, fast... And so you can get back to the 'work' that is creating the content or products. We start by looking at how to use Google Trends as a niche research tool, starting with the 'Vegan Dog Food' niche example I've used in several other videos. If you are at this point, working on niche research, trying to find your main niche, be sure to check out my playlist on niche research that shows how to use other tools to do even more niche research: https://www.youtube.com/watch?v=AIZxKpnesTw&list=PL0sOKzn__yK3bPvVRts4CXOtPciYcu7iZ From here we move on to some big trending topics around Bitcoin and Ethereum looking at how the search volumes even track the price of these coins, to show how deep the Google Trends data truly goes. From here you will learn how to get additional topic ideas and keyword ideas from the Trends tool, too. The third example is how to identify seasonal trends, patterns and potential challenges for niches that have very seasonal buying seasons. Before entering a niche you need to know if it is consistent throughout the year or if it has low points through the year. If there are low points, all is not lost... You will see how to find counter-seasonal topics or products to fill in your low season through this tool! Finally, we look at trends in diet patterns, from the New Year's bump to the long-term patterns in lifestyle diets vs. diet fads. This gives a clear picture of what kinds of products people would purchase and what times of years would have the best chance to sell those products. If you have a list in the health and wellness space, you could leverage this information to know exactly what day each year would be the most profitable to launch a specific product offer, whether it is your product or an affiliate offer. Again, I believe it is through more effective and consistent market research that you unlock the opportunity to be more strategic than your competitors. Most people don't take the time to do the research... If you habituate the process of learning how to use Google Trends and the keyword research tool, you will find yourself gaining rankings in your blog, your YouTube channel and you will experience more conversions. My other favorite research process for niche research and content marketing is keyword research. You can get my full keyword research video here: https://www.youtube.com/watch?v=O_FfdjNOgpQ Once you have the keywords and have created your content, you need to know how to implement those phrases into your content marketing... This free SEO course shows exactly what to do, where and why! https://www.youtube.com/watch?v=A8EI6JaFbv4 How To Use Google Trends, 2018 Update! Market Research To Compare Keywords, Topics & Niches, Fast! https://www.youtube.com/watch?v=u75nbWDqymA
Views: 102592 Miles Beckler
Today in Makeup and Beauty News, BH Cosmetics introduces Cashmere Cream lip color, Clionadh has introduced the Stained Glass collection of multichromes, and we discuss the likelyhood that HBO will sue Dragun Beauty for use of their dragon egg packaging. *Purchase Links* BH - https://rstyle.me/+hUXUtfITDRaVIwe4H5jc1Q Clionadh - https://www.clionadhcosmetics.com/ ---------------------------------------------------------------- Thanks for subscribing to my channel (https://www.youtube.com/subscription_center?add_user=jenluvsreviews) ! I specialize in thorough makeup reviews that give you WAY more than the typical YouTube review including ingredient analysis, close up finger/brush swatches, and MORE! You'll also find What's Up in Makeup and the Makeup Minute giving you the most UP TO DATE information about what is happening in the beauty industry, new product releases and MORE! FTC: This is not a sponsored video. ******************* Visit our AWESOME Facebook Community! https://www.facebook.com/groups/whatsupinmakeup/ ******************* Instagram: jenluvsreviews Periscope: jenluvsreviews Twitter: http://www.twitter.com/jenluvsreviews ******************* Music used in my videos: Out-Tro music - [Melodic Dubstep] Electro Light ft. Kathryn MacLean - The Edge [NCS Release] https://www.youtube.com/watch?v=15mPfnEHhxs Makeup Minute - 3 Best Background Music Breaking News from Free Music https://www.youtube.com/watch?v=ZXNZiH7Acu0 ******************************** Magic Links (go.magik.ly), Reward Style (https://rstyle.me), and Amazon Links support this channel at no cost to you. Learn more about Magic Links here (Reward Style is pretty much the same thing): https://www.youtube.com/watch?v=MGxvZVK6MRI Referral and Affiliate Links earn me points toward a reward system, money, or money toward purchases on the site mentioned. The following links are referral and affiliate links. I only put referral/affiliate links to brands/websites that I personally enjoy. BoxyCharm (beauty): https://mbsy.co/dpqQD Ipsy (beauty): http://www.ipsy.com/r/12b3 Ebates (cash back for online purchases) : http://goo.gl/RsXghu Haute Look (flash sale beauty/fashion/etc.): http://www.hautelook.com/short/3JiZ2 ScentBird (perfume): https://scentbird.com/r/MzAyNzQ= Magic Links (product referral program): https://www.magiclinks.org/rewards/referral/jenluvsrev/ MODA + Royal & Langnickel - Use Code JEN For 10% off! https://beautyusa.royalbrush.com?rfsn=1971361.a6c0b2 OFRA - Use Code JEN for 20% off! https://go.magik.ly/ml/2omn/ CURRENT SETUP: Main Camera: https://amzn.to/2QczMJa FAVORITE Lens right now: https://amzn.to/2NLKmtX Lens Adapter for GH5: https://amzn.to/2xMoDIf Lights: https://amzn.to/2wLDmCz Vlog Cam(Great Starter for YT): https://amzn.to/2PBgeOm Mic: https://amzn.to/2NkeNpR Lav mic: https://amzn.to/2wP35JU AWESOME LENSES FOR MY PHONE! : https://amzn.to/2NQ9OKR Tripod: https://amzn.to/2Q9fDVk OLD SETUP: Camera used from 2017 to September 2018: https://amzn.to/2Q8lDxh Lens for close-ups: https://amzn.to/2NPHyb9 Lens for Blurry Backrounds: https://amzn.to/2CoJHt4 ❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀❀
Views: 11588 Jen Luvs Reviews
To ask Unlimited Maths doubts download Doubtnut from - https://goo.gl/9WZjCW The fixed cost of new product is Rs 35,000 and the variable cost per unit is Rs. 500. If the demand function is `p=5000-100x`. Find the break even value
Views: 24 Doubtnut
http://www.asianprosource.com/ - Discover the cause of these common product development problems in this video. This will surely provide helpful feedback on your journey of developing products for you business. Click now. The product development process can be difficult to navigate, for new entrepreneurs and experienced business owners alike. There are many steps involved and big decisions to be made. And these pressures could be magnified when working under the stress of a restricted budget or tight timeline. The three most common problems faced during product development are: 1. Managing the Prototyping Process 2. Controlling Product Costs 3. Finding the Right Manufacturer Managing the Prototyping Process The prototyping process could be challenging and lengthy. And it is extremely common to got through many different versions and alterations of a prototype. New ideas and suggestions constantly surface and its tempting to try and work them all in. In order to stay on track, its important to identify which features are actually necessary to produce a feasible and profitable product and recognize when its time to stop. The more complex a project becomes, the more resources it will require. Businesses working with a limited budget and projected timeline generally can't afford to increase the time or money spent during the prototyping stage. An experienced sourcing company will provide you with the resource you need to get your prototype built in a timely manner. As well as explore your options for future plans. If the initial idea is received well in the marketplace, there is always the opportunity to produce an upgraded version of even develop accessories that could improve upon the user experience. Controlling Product Cost Keeping production cost low is important to developing any product. Overspending in manufacturing, will have major impact on profits and in turn the potential success of a business. It is imperative to keep detailed records of where company money is going and be prepared for upcoming expenses. Sourcing your product manufacturing can involve several parties and services, therefore,an array of costs to track and organize. A skilled sourcing agent would bring all of these details together, making it much more manageable and less stressful for you and your business. A full service sourcing can provide quotes and contracts everything from prototyping, manufacturing and logistics. Pricing and timeline are established upfront, providing you with a clear picture on costs and due dates. By negotiating a detailed manufacturing agreement, your agent can monitor every step in your project and ensure budget and timelines are being followed. Finding The Right Manufacturer Deciding on the right manufacturer can be challenging. Especially when going in alone. In addition to finding the right price, its critical to determine what the manufacturer can deliver in terms of product quality and intellectual property protection. A sourcing agent can make this process much easier and less risky. Sourcing companies have access to several pre-screened factories enabling them to find the most competitive pricing for your product. Should you decide to move forward with a quote, you can expect your agent to see the perform a more thorough factory background check, complete with a detailed report of their findings. This in depth analysis examines a manufacturer's track record for delivering quality products on time and to spec. Delayed production, defective products and late delivery can quickly result to a substantial, unexpected cost. In some cases, these complications end up consuming the business owner's budget forcing them to put a stop on the project altogether. The background check will also identify any history of IP issues and evaluate the measure they have to prevent leakage. A reliable sourcing agency will take additional precautions to protect your information. This may include vetting the factory and having them sign an enforceable NDA before showing them your designs. Taking such steps to reduce the risk of IP theft not only protects your earnings, but also helps to preserve your brand and reputation. We sure hope you find this video helpful. Give us a call to share your thoughts and we'll share our experience back to you. For more information, product quotations and other information about sourcing products in China, please feel free to visit our website at http://www.asianprosource.com OR call us at 702.616.2298 *** FEELING SOCIAL? *** Share your thoughts about this video by commenting below OR Drop us a like on Facebook: https://www.facebook.com/pages/Asian-ProSource/112342828835308 Follow us on Twitter: https://twitter.com/AsianProSource
Views: 406 Asian ProSource
Analytical modeling, for whatever use it is put to, can either support or controvert “gut feel” management. Often enough, the results of a carefully modeled and analyzed problem can be surprising — and even counter-intuitive. And adding @RISK functionality to that model can give decision-makers an even better feel for how changes in the modeled variables could affect the strategic choices they make. This free live webcast builds on a relatively simple business case (Destin Brass Products Co., purchase if interested. The case material is NOT required to understand the webinar.) The company has three product lines, and they can’t understand why profits are decreasing even though all the products show strong margins. Using @RISK, we’ll look a better way to allocate overhead to the products, and see how the management’s decisions should be re-evaluated. Although this case is about a manufacturing company with “high-touch” manufactured products, it is a broadly applicable lesson in how and why to use non-deterministic decision modeling. -- Presenter: Steve Schultz Founder/CEO Moveable Feast Mobile Media, Inc. Steve Schultz is an independent management consultant who specializes in strategic business planning and product development, with a 20+ year background in data and media, spanning Fortune 500 to small startup. A former Product Manager (and current entrepreneur), Steve understands deeply the importance of fact-based metrics and decision modeling. Steve also founded and built Moveable Feast Mobile Media - a mobile-first platform for geographically immersive storytelling. Steve has an MBA from Northwestern University’s Kellogg School of Management, and a Bachelor of Science in Applied Mathematics from Tulane University.
Views: 2063 Palisade
I found the best new product in here. Check it out! *********************MORE INFO BELOW******************** Connect with me on social media! Instagram: @yayornaynicole Twitter: @yayornaynicole Periscope: @yayornaynicole +++++++++++++++++++++++++++++++++++++++++++++++ Don't forget to get the free What's Up in Makeup app for Apple and Android phones and check out the What's Up in Makeup website: http://www.whatsupinmakeup.com. We beautyaholics have lots of fun there! +++++++++++++++++++++++++++++++++++++++++++++++ Recent Videos: Vitamin C&E Serums - Do they work? Can a $40 Brand Compete with a $100+ Brand? https://www.youtube.com/watch?v=I9qyy9iMnq4 Paul Mitchell Marula Oil - Is It As Good As Moroccan Oil? https://www.youtube.com/watch?v=iOd3YtgQjys IT Cosmetics Limited Edition Heavenly Luxe 6 Pc. Brush Set with Travel Case & Bye Bye Undereye https://www.youtube.com/watch?v=pVHIShPBP7w +++++++++++++++++++++++++++++++++++++++++++++++ My discount codes and referral links (I get credit or points if you sign up) in case you are interested (only companies I like BTW): HelloFresh meals. For $40 off your 1st box, use code BZCC54 or use this link: http://www.hellofresh.com/?c=BZCC54 $10 off of your first Rachel Zoe Box Of Style: http://fbuy.me/cSZ3D Little Lace Box: http://littlelacebox.com?rfsn=86672.6505 FabFitFun: Get $10 off of your first box using this link: http://xo.fff.me/cybJy. GlossyBox: http://www.glossybox.com/referal?CI=MTU2ODE1 Boxycharm: http://bit.ly/1N9tqRN HauteLook: http://www.hautelook.com/invite/NSanchez184 ++++++++++++++++++++++++++++++++++++++++++++++++ #Glossybox #Nuxe #Aerin #ArdencyInn #PureCosmetics #LatelierMaquillage #Trustfundbeauty #holiday #limitededition
Views: 646 YayOrNayNicole