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InstantGMP Announces Addition of Cost and Pricing Model to Electronic Batch Records in Their Manufacturing Execution System
Date:7/16/2013

Cary, NC (PRWEB) July 16, 2013

Many of InstantGMP’s customers are making various products at different manufacturing batch sizes where they need to figure out how much to charge for their private label or contract manufacturing work. The staff at InstantGMP worked with the formulation development experts at PharmaDirections to design a Cost and Pricing Model that can be used for dietary supplement or pharmaceutical contract manufacturing. The model is included in the electronic batch records of the InstantGMP™ MES manufacturing execution system.

There are several examples of the Cost and Pricing Models in the Master Manufacturing Formulas section of the InstantGMP Resource Center. Here you can find commercial scale master formulas for common dietary supplement products such as Calcium Tablets, Chewable Vitamin C Tablets and Vitamin B Complex Tablets.

The Cost and Pricing Model makes it easy to update formulations and to quickly get revised estimates of manufacturing costs and of prices to charge to customers. It allows you to change ingredients or raw materials and instantly get updated costs and pricing.
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