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PRICING IN PRINTING INK

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The art of costing - basics
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PRICING IN PRINTING INK

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Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods. Pricing method is exercised to adjust the cost of the producer's offerings suitable to both the manufacturer and the customer

Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods. Pricing method is exercised to adjust the cost of the producer's offerings suitable to both the manufacturer and the customer

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PRICING IN PRINTING INK

  1. 1. Strategic Pricing When Input and Raw Material Costs Are Unpredictable Sugeng Endarsiwi (Praktisi Bisnis Percetakan)
  2. 2. What do input and raw material costs mean? Raw material expenses refer to the cost of the components that go into a final manufactured product. They are one of three expenses included in a manufacturer's cost of goods sold (COGS). The other two are: labour expenses and amortization expenses. Source: https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/templates- business-guides/glossary/raw-material-expenses Raw material input (RMI) is the amount of raw materials required to produce the goods which are available for use in production and consumption activities of the economy. Source: https://ec.europa.eu/eurostat/statistics- explained/index.php?title=Glossary:Material_flow_indicators
  3. 3. The 5 most common pricing strategies Cost-plus pricing. Calculate your costs and add a mark-up. Competitive pricing. Set a price based on what the competition charges. Price skimming. Set a high price and lower it as the market evolves. Penetration pricing. Set a low price to enter a competitive market and raise it later. Value-based pricing. Base your product or service’s price on what the customer believes it’s worth. “When considering your price, it’s important to realize that it’s not for yourself, but for your target customers.” Eric Dolansky Associate Professor of Marketing, Brock University As you raise your price (moving left to right), your profitability goes up—to a point. It’s at the point where you’ve raised your price by too much that your profitability goes down.
  4. 4. Printing ink Price component Ink can be a complex mixture, containing a variety of substances such as: • solvents • resins • alcohol • lubricants • carbon • pigments, dyes • aniline • dextrine • glycerine • Fluorescents • other materials
  5. 5. It is crucial to carefully assess the number of raw materials you acquire because if you order too many, they may decay and become unusable over time. Nevertheless, if you do not purchase sufficient raw materials, the cost may escalate, forcing you to alter your budgeting. To properly manage your raw materials, you must grasp the variables that influence price fluctuation.
  6. 6. Ir. Sugeng Endarsiwi, ST, EMBA, lahir di Purworejo tahun 1976 adalah alumnus Fakultas Teknologi kampus UMB Jakarta, jurusan Teknik Industri (TI). Juga Alumni dari Trisakti Printing School (ATGT), Teknologi Grafika, 1998. Lulus Executive MBA di Universiti Kolej Jesselton, Malaysia 2021. Pekerja professional di bidang Percetakan dan manufacture tinta di Luar negeri sejak 2004, (Vietnam 13 tahun, Malaysia 5 Tahun). Saat ini penulis aktif menulis di publikasi digital yang berhubungan dengan percetakan, tinta cetak dan teknologi Ultraviolet (UV/LED-UV) untuk pengeringan tinta cetak. Juga tentang Lay- out manufacture untuk percetakan dan tinta cetak khususnya tinta cetak polymer base Ink (UV Cured ink). Produksi tinta flexo, offset, screen, dll. Juga menulis bidang manajemen, pemasaran dan Bisnis strategi untuk percetakan dan Industri tinta cetak Menyandang sebutan profesional Insinyur (Ir.) dari PII (Persatuan Insinyur Indonesia) sejak 2022. Tercatat sebagai anggota (fellowship) Chartered Management Association (CMA) Hong Kong SAR, dalam bidang manajemen dan bisnis strategi, sejak 2022. Saat ini tercatat Mahasiswa aktif di Kampus UEU, Jakarta, Fakultas Ekonomi dan Bisnis Program Pascasarjana (MAP), 2022-2024

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