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