Standard Costing vs. Actual Costing: Which Works Better for Manufacturing?
Most Indian manufacturers don’t switch costing methods because of theory, they switch because something breaks. A quarter where raw-material prices jump 8%. A month where GST credits land late and distort unit economics. Or a board meeting where the CFO is asked why margins whiplashed when production volumes didn’t. Since 2022, this has become the […]
Key Manufacturing KPIs Every Business Should Track and How Virtual CFOs Help Implement Them
Production fuels close to 78% of Indian industry output (IIP), but most of the companies are running at only 74–75% of their capacity. For a business owner, that differential isn’t merely a figure, it’s idle assets, lost efficiency, and profit left on the table. The gap between a well-oiled factory and a poor performer usually […]