Achieve 8-18% savings on purchased components and materials by understanding and managing key cost drivers.
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Effectively manage the purchased material BOM through all life cycle phases including design and development where 70% of costs are established.
Move beyond spend analytics to cost and performance analytics for improving performance over time.
Improve supplier performance and enable suppliers to maintain up to date profiles and credentials.
Improve the efficiency and effectiveness of the purchasing organization and the supply base.
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