Cost of Goods Sold (COGS)

Cost of Goods Sold (COGS)

Also referred to as cost per unit or cost of sales, it involves the direct expenses a company incurs in manufacturing or purchasing the products it sells, including material and labor costs.

It excludes indirect costs related to selling and distribution expenses.

Related Terms

Category Buyer

The person is responsible for assisting the procurement manager and category team in implementing procurement and

Loyalty program

A initiative by a company to incentivize repeat purchases and customer loyalty by offering rewards, discounts,

Consumer Promotion

Also known as sales promotion, is a temporary marketing strategy aimed at boosting brand awareness and