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Mastering Margin Tracking and COGS Reporting in Ohanafy

Aug 17, 2023
Mastering Margin Tracking and COGS Reporting in Ohanafy

In the world of craft beverage, tracking costs, analyzing margins, and optimizing processes are essential for running a successful business. Ohanafy provides craft beverage businesses with the tools they need to not only track their production but also to delve deep into cost analysis and margin reporting. In this blog post, we'll explore how Ohanafy enables you to efficiently track your Cost of Goods Sold (COGS) and report on margins, leveraging features like Batch Analysis and Margin Analysis.

Tracking COGS and Reporting on Margins with Ohanafy

When you're managing a craft beverage business, understanding your costs and profit margins is crucial. Ohanafy streamlines this process by offering comprehensive tracking and reporting functionalities directly within the app.

1. Batch Analysis: Unveiling Production Costs

The Batch Analysis feature in Ohanafy is a powerful tool that allows you to break down the costs associated with brewing batches and recipes. With Batch Analysis, you can gain insights into:

  • Cost Breakdown: Ohanafy provides a detailed breakdown of the costs involved in producing a batch of beer. This includes ingredients, labor, equipment, and other expenses.
  • Yield Comparison: By comparing the yield of different batches, you can identify trends and patterns that affect your production efficiency. This information helps you optimize your processes and improve overall yield.
  • Batch Size Impact: Analyzing different batch sizes helps you understand how economies of scale affect your costs. This insight can guide decisions about production volume and pricing strategies.

2. Margin Analysis: Focusing on Profitability

Margin Analysis within Ohanafy takes a granular approach to tracking profitability. This feature allows you to closely examine individual items, understand their brewing process, monitor inventory, and calculate average production costs. Key features of Margin Analysis include:

  • Item-Level Insights: Margin Analysis provides a detailed view of each item's production process, enabling you to understand how each product contributes to your overall margins.
  • Inventory Management: Tracking inventory levels is crucial for efficient production. Ohanafy's Margin Analysis lets you keep an eye on inventory and make informed decisions about stock levels.
  • Custom Margin Thresholds: One of the standout features of Ohanafy is the ability to set custom margin thresholds. By defining acceptable profit margins, your report will automatically highlight the margins that fall below the desired level. This proactive approach helps you maintain profitability.

To see how your business could harness the power of Ohanafy’s COGs solution, we invite you to watch this feature highlight video here.

Ohanafy is more than just a production app; it's a comprehensive solution that empowers breweries and manufacturers to optimize their production processes and maximize profits. With Batch Analysis and Margin Analysis, Ohanafy provides a dynamic platform for tracking COGS and reporting on margins. Whether you're fine-tuning your recipes, adjusting batch sizes, or setting profit margin targets, Ohanafy equips you with the insights you need to make informed decisions.

In the competitive world of brewing, leveraging technology to gain a competitive edge is essential. Ohanafy's robust features and user-friendly interface make it an invaluable tool for businesses striving to enhance their operations and achieve financial success. So, if you're looking to streamline your production analysis and margin reporting, Ohanafy might just be the game-changer you've been waiting for. Contact us today for a free demo.

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