Cost Reduction Analysts & Consultants | Cost Reduction Services

Overview of Component Engineering Services of Enventure Technologies

BOM Cleansing Services from Enventure Technologies

Obsolescence Management Services from Enventure Technologies

Data Transformation Services for Enterprise Software Systems from Enventure Technologies

Cost Reduction Services

"Our product is too expensive!" - Who hasn't heard this comment from sales teams?

Most companies have, at some point in time, been in the uncomfortable position of knowing that their product wasn't competitively priced for the marketplace.

Such situations arise due to a variety of reasons:

Technology improvements reduce component costs and that advantage is leveraged by the competition
'Hi-speed' product launches do not provide enough time for component cost optimization
Multiple divisions or locations of a company buy the same parts using different internal part numbers at different prices.
Low Cost Country (LCC) Sourcing is not thoroughly evaluated.
Component suppliers may have reduced costs but may not have passed on the benefits
Mergers and acquisitions may create purchasing trends that are inefficient

Enventure delivers Cost Reduction services using a multi-staged process that is defined based on the level of flexibility and change each customer might be willing and able to implement.

Enventure's approach is to evaluate all cost reduction options, including

Generating savings from purchase consolidation
Identifying lower cost alternates

Using Low Cost Country (LCC) sourcing

Analyzing current buying prices to spot abnormal procurement prices

Enventure selects a suitable approach based on customer's priorities and guidelines for limiting modifications to products.

Please fill in the Enquiry Form to know more about our Cost Reduction Services.

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