COGS KPI

COGS stands for Cost of Goods Sold, which is the direct cost associated with the production or purchase of goods sold by a company. A COGS KPI (key performance indicator) is a metric that measures the efficiency and profitability of a company's production process by analysing the cost of production and sale of goods. It is a measure of the efficiency and profitability of a company's production process by analysing the costs of production and sale of goods. Beginning inventory plus purchases minus ending inventory is the formula used to calculate COGS.

I'm sorry if I can't write a long post, but this week I'm travelling a lot to visit a customer's plants. So I haven't had time to devote to thinking about it.