CronJ can help you figure out the the perfect sourcing strategy for your product.
Sourcing strategy depends on the following factor
Cost negotiation can be done by?
By doing trend analysis
It is suitable for commodity products such as steel. The cost depends on various economic parameters such as foreign exchange rate, diesel prices etc.
By doing Zero based costing
Zero based costing is a great negotiation tool for products that are manufactured through simple processes such as stamping, casting etc.
By doing parametric comparison
This is suitable for high design components where the design capability is mainly with suppliers and zero based costing is difficult.
CronJ consultants have the vast experience in sourcing domain. We have the expertise and the tools to deliver the results you are looking for.
We can help you in deciding your global sourcing strategy and in figuring out the perfect mix of share of business you should have with your different suppliers. The objective is to minimize the total landed cost. We provide custom solution to meet your sourcing requirement.