Used properly, supplier negotiation can help save between 5% and 20% on product cost. Combined with the fact that a 5% reduction in product cost can generate an 85% increase in profits, it really highlights the necessity for companies to master their supplier...
Reducing product costs by 5% using effective supplier negotiation can result in an 85% gain in profits. Does your company have a solid should-costing process to enable this?
Makersite takes openLCA data to the next level so the life-cycle community can extend the use of lifecycle data into other domains and across the supply chain.
Makersite Integrated Data Platform: Simplify Product Sustainability And Stewardship Of Supply Chains
Makersite integrated data platform helps product teams discover, analyze and model risks, regulations, and impacts across value chains or life-cycle.
Time for a new, more efficient and more effective approach to reducing the complexity of the new product stewardship challenge.
With the rise of customer awareness, in-depth LCA covering the entire product’s supply chain is becoming a decisive competitive edge.
Characterizing chemical risk is a difficult but important task to ensure consumer safety. Discover how to use RCR Matrix to evaluate chemical risks.
Find new market opportunities can be quite difficult. Discover how Sankey diagrams can help you to overcome this challenge.
Designers and Engineers in industrial product development lose one day per week searching for data that is found only 50% of the time.