Argent International of Plymouth, Michigan, and Mexico City participated in the Velocity Pricing System program to great results. The Velocity Pricing System program is for custom manufacturers — specifically custom job shops. Custom job shops often find cost accounting problematic due to mix and volume changes.
The mix and volume changes that are common in job shops and machine shops makes it difficult to have a consistent pricing strategy. A lot of time is spent trying to “accurately” calculate prices and costs.
Velocity Pricing System Strategy
Check out their case study and story: Argent-Job-Shop-Pricing-Story
Chris Autterson of Argent International was interviewed by Mike Touzeau, an independent writer.
Chris explained how their old pricing system and cost accounting practice lead them astray and the benefits they achieved the Velocity Pricing System.