Contract Cost and Documentation for the Navy Assignment

Agreement Cost and Documentation for the Navy - Assignment Example Agreement cost incorporates the techniques for controlling different sorts of cost related with the agreements or understandings of the organization. The methodologies of agreement cost help to give various types of items to the Navy, so the clients can legitimize the charging strategies and different costs identified with the administrations of Lester Myers Inc. The documentation procedure causes the organization to check the working procedure incorporating the paper works with the point of finding out exactness of billings. The documentation procedure is received so as to limit the impacts and keep up the nature of administrations or items (Urizar, 2013). In the arrangement procedure, Lester Myers Inc. gives a low value office to the Navy. It encourages Navy to buy the items or administrations from Lester Myers Inc. in mass amounts, which builds the business level of Lester Myers Inc. The organization should execute an effective installment office to hold Navy’s contract just as trust. On the off chance that the installment offices don't give advantages to the Navy, at that point contradiction will be seen in the agreement, which won't be productive for the business relations. Furthermore, the organization ought to centers around the ways by which it can control just as increment the working capital and income inside the equivalent. Lester Myers Inc. gives credit offices to the Navy, so the clients find the opportunity to pay the sum after some time. Credit offices incorporate halfway installment offices diminishing the pressure of mass installment, which could be less secure for the Navy (Scheer, 2013). The organization ought to give month to month or intermittently portion installment offices, which thus encourages the Navy to feel liberated from the installment weight and pay occasionally or month to month. The organization can give multi channels to the installment, for example, online offices or other credit and additionally check card offices to make installment process simpler for the Navy. The