Industries

Automobile & Auto Components

Part-level costing, customer price negotiations, tooling cost and GST for auto component suppliers.

Auto component suppliers work to tight price agreements with vehicle manufacturers and must support every price revision with cost data. Raw material indexation, tooling amortisation and rejection rates have a direct effect on margins.

Typical requirements

Costing

  • Part-wise cost sheets for OEM price negotiation
  • Raw material price indexation workings
  • Tooling and die cost amortisation

Statutory

  • Cost audit applicability for covered products
  • Inventory verification at multiple locations

Tax

  • GST on tooling recovered from customers
  • Job work procedures
  • E-invoicing

Finance

  • Customer-wise profitability
  • Capex appraisal for new programmes

Relevant services