Bangkok Nagatsu Co.,Ltd.
Main business : Manufacturing of parts for construction and mining machinery, forklifts, industrial equipment, semiconductor manufacturing equipment, and related applications.
Type of Consulting
Period
Cost Accounting
3 months
The background of consultation
Background of the project
As part of our internal initiatives, we have been reviewing the profitability of each product group based on departmental profit and loss data. However, with increasing competition from foreign companies, the business environment now requires more precise cost accounting, prompting us to reassess our current approach.
To address this need, we have engaged an external consultant to review and update our existing cost accounting methodology.
Why Our Client Chose CC Innovation
While CC Innovation had initially proposed consulting services related to human resource development as a separate project, we later learned that they also possess extensive experience in cost accounting, which drew our interest.
As there were no other companies in Thailand capable of addressing similar challenges, and given CC Innovation’s proven track record in the local market, we decided to engage them for this assignment.
Support Menu
Support Point
- Organizing and clarifying the approach to cost allocation.
- Preparing profitability summaries for the product groups that account for the majority of our sales revenue.
"This engagement provided us with an excellent opportunity to review and refine our existing initiatives, including revalidating our charge structure, assessing profitability by product group, and clarifying our approach to cost estimation. Through this project, we also gained a clearer understanding of additional areas requiring attention, such as reviewing our operational utilization.
We look forward to continuing our collaboration with CC Innovation as our trusted business partner in Thailand."
