first-in cost

简明释义

先入成本

英英释义

例句

1.Understanding the first-in cost is crucial for setting competitive prices in the market.

理解首入成本对在市场上设定竞争价格至关重要。

2.To improve cash flow, the manager decided to minimize the first-in cost associated with inventory.

为了改善现金流，经理决定最小化与库存相关的首入成本。

3.The company needs to analyze the first-in cost to determine the profitability of the new product line.

公司需要分析首入成本以确定新产品线的盈利能力。

4.The first-in cost for importing goods can significantly affect our overall expenses.

进口商品的首入成本会显著影响我们的整体开支。

5.During the budget meeting, we discussed how to reduce the first-in cost of raw materials.

在预算会议上，我们讨论了如何降低原材料的首入成本。

作文

In the realm of business and economics, understanding various cost concepts is crucial for making informed decisions. One such concept is the first-in cost, which refers to the initial expenses incurred when acquiring or producing goods or services. This term is particularly relevant in inventory management and supply chain operations, where businesses must consider not only the purchase price but also additional costs such as shipping, handling, and storage. To illustrate the significance of first-in cost, let’s consider a hypothetical company that manufactures electronic gadgets. When this company decides to launch a new product, it must first evaluate the total first-in cost associated with bringing the product to market. This evaluation includes the cost of raw materials, labor, packaging, and any other expenses that arise before the product is sold.For instance, if the company sources components from various suppliers, it will need to calculate the price of each component, along with shipping fees and any tariffs that may apply. Additionally, the company must account for labor costs involved in assembling the product and any overhead expenses related to production facilities. By summing all these costs, the company can determine its first-in cost, which serves as a baseline for pricing the product.Understanding first-in cost is essential for setting competitive prices. If the total first-in cost is too high, the company risks pricing itself out of the market. Conversely, if the company underestimates its first-in cost, it could suffer significant losses. Therefore, accurate calculation of these costs is imperative for maintaining profitability.Moreover, the concept of first-in cost extends beyond just manufacturing. Retailers also need to consider this cost when determining the price at which they sell products. For example, a retailer purchasing gadgets from the manufacturer must include not only the wholesale price but also transportation costs and any promotional expenses in their first-in cost. This comprehensive understanding allows retailers to establish a markup that covers their costs while remaining attractive to consumers.In addition to pricing strategies, the first-in cost plays a vital role in financial forecasting and budgeting. Companies often use this metric to project future profits and assess the viability of new projects. By analyzing the first-in cost in relation to anticipated sales, businesses can make data-driven decisions about whether to proceed with a new product launch or to adjust their strategies accordingly.Furthermore, understanding first-in cost can lead to improved operational efficiency. By identifying areas where costs can be reduced—such as negotiating better rates with suppliers or optimizing production processes—companies can lower their first-in cost and enhance their overall profitability. This proactive approach not only benefits the bottom line but also strengthens a company's competitive position in the market.In conclusion, the concept of first-in cost is integral to effective business management. It encompasses all initial expenses associated with acquiring or producing goods and serves as a foundation for pricing strategies, financial forecasting, and operational efficiency. By thoroughly understanding and accurately calculating first-in cost, businesses can make informed decisions that drive success and sustainability in an ever-changing marketplace.

在商业和经济领域，理解各种成本概念对于做出明智的决策至关重要。一个这样的概念是first-in cost，它指的是在获取或生产商品或服务时发生的初始费用。这个术语在库存管理和供应链运营中尤为相关，因为企业必须考虑的不仅仅是购买价格，还有运输、处理和存储等额外费用。为了说明first-in cost的重要性，让我们考虑一个假设的公司，该公司制造电子小工具。当这家公司决定推出新产品时，它必须首先评估与将产品推向市场相关的总first-in cost。此评估包括原材料、劳动力、包装以及在产品销售之前产生的任何其他费用。例如，如果公司从多个供应商处采购组件，则需要计算每个组件的价格，以及运输费用和可能适用的关税。此外，公司还必须考虑组装产品所需的劳动力成本和与生产设施相关的任何间接费用。通过将所有这些成本相加，公司可以确定其first-in cost，这作为定价产品的基准。理解first-in cost对于设定竞争价格至关重要。如果总first-in cost过高，公司就有可能把自己定价得超出市场范围。相反，如果公司低估了其first-in cost，可能会遭受重大损失。因此，准确计算这些成本对于维持盈利能力至关重要。此外，first-in cost的概念不仅限于制造。零售商在确定销售产品的价格时也需要考虑这一成本。例如，购买来自制造商的小工具的零售商必须在其first-in cost中包括批发价格、运输成本和任何促销费用。这种全面的理解使零售商能够建立一个覆盖其成本的加价，同时对消费者保持吸引力。除了定价策略，first-in cost在财务预测和预算中也起着至关重要的作用。公司通常使用这一指标来预测未来利润并评估新项目的可行性。通过分析first-in cost与预期销售之间的关系，企业可以做出数据驱动的决策，决定是否继续推出新产品或相应调整其策略。此外，理解first-in cost可以提高运营效率。通过识别可以降低成本的领域——例如，与供应商谈判更好的价格或优化生产流程——公司可以降低其first-in cost并提高整体盈利能力。这种积极主动的方法不仅有利于底线，还增强了公司在市场中的竞争地位。总之，first-in cost的概念对于有效的商业管理至关重要。它包含与获取或生产商品相关的所有初始费用，并作为定价策略、财务预测和运营效率的基础。通过透彻理解和准确计算first-in cost，企业可以做出推动成功和可持续发展的明智决策，在不断变化的市场中立足。