Margin Management

Margin management refers to overseeing and controlling the difference between the cost of producing or buying a product and its selling price. Effective margin management ensures a business maintains healthy profit margins by adjusting pricing, controlling costs, or improving efficiencies. It involves monitoring pricing strategies, analyzing market conditions, and making informed decisions to maximize profitability without compromising competitiveness. Good margin management helps a company stay financially healthy, adapt to market changes, and achieve long-term growth.