Fusion prides itself on offering customer-formed solutions that are custom tailored to each client’s specific manufacturing needs. One of the benefits offered by Fusion is The Open Book Pricing Program which is an innovative strategy that proposes a cost plus fixed margin pricing structure in which Fusion offers full disclosure of all costs and margins in a comprehensive pricing report for the client.
When approaching a project, Fusion compiles the projected material and labor costs into a detailed itemized quotation. Fusion’s 30% gross margin, consisting of overhead and profit, is included in this report so that clients can understand all of the true associated realized costs of a product. As a project evolves, the client is able to see how any changes effect the overall price of their product, allowing them to make confident, informed decisions every step of the way.
The Open Book Pricing Program is an essential feature of Fusion’s business philosophy which greatly contributes to strengthening trust and communication with our clients. The transparency associated withOpen Book Pricing creates a safety net for clients that enables them to know exactly where the costs of a product are stemming from and quickly address any concerns or issues. This helps eliminate future setbacks and results in greater speed to market. Clients also have the option to audit reports after a project’s completion, further illustrating the transparency created by this approach.