open costing

Open costing could establish a baseline price floor that prevents manufacturers from undercutting each other and sacrificing profit margins. Photo: TBS
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Is open costing a good idea for the RMG industry?

M A Jalil Ananta, chairman of AJI & AB Group, proposed setting price floor and open costing for RMG products and publishing them on BGMEA website so the buyers cannot take undue advantages....