Zero based costing of MCBs

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Zero based costing of MCBs is a method of cost analysis that starts from scratch for each new project.

It involves identifying all costs associated with a project and evaluating them based on their necessity and value.
This method helps to eliminate unnecessary costs and optimize spending.
For example, in the case of MCBs, zero based costing would involve analyzing the cost of each component and determining if it is essential to the function of the MCB.
This analysis would also consider the cost of alternative materials or manufacturing methods that could reduce overall costs without sacrificing quality.
Zero based costing is a useful tool for procurement engineers to ensure that projects are cost-effective and efficient.

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