Data Has a Better Idea

By

Learn how you can leverage our 15 years of shop floor costing data to move to optimal pricing.

OCV is based upon AI and Machine Learning and provides companies with detailed analysis of supplier quotes against best-in-class Optimal Cost Models.

High performing purchasing organizations use Optimal Cost Validation to:

  • Engage in supplier negotiations based upon facts that are validated within the industry
  • Ensure buyers are buying at the right price
  • Simulate multiple scenarios for comparing cost
  • Free up buyer time for more strategic activities

To learn more about the program, Please click below

White Paper

To learn about other Training Opportunities for you and your company, Please click below

Training Courses

Similar Posts

4 Steps to Lower Material Costs

By

Experience has taught us that buyers who understand should-be costs achieve prices that are 8-18% lower than buyers who do not. One practice employed by buyers is the use of cost breakdowns. Buyers who achieve the best results from breakdowns employ the following: Utilize commodity specific cost breakdowns – Trying to use one format that…

Embracing the cloud: The time is now for manufacturing

By

Back in January, Manufacturing Leadership Journal posted predictions for the manufacturing industry in 2015. Among the list of trends, one item in particular stood out to us: “The rise of cloud-based supply chains.” Now, with the first half of 2015 behind us, we couldn’t agree more. Cloud-based solutions have become increasingly more attractive to manufacturers,…

Still an Optimal Time to Take Advantage of Supplier Nearshoring

ByPablo Mares

Currently in China, “Zero COVID” policies continue to be implemented that imply extensive confinements. According to The Inter-American Development Bank (IDB), there are estimates that suggest around 79% of US manufacturing companies in China have already started or have plans to relocate part of their operations to North America and Mexico. A big wave of…

Types of Cost Models Used by Buyers of Manufactured Products

By

This blog is the second of a three-part blog series designed as follows: How cost models help companies succeed The types of cost models buyers of manufactured products use How buyers can use cost models effectively We see four types of cost models being used by buyers today: Open book cost modeling Knowledge-based modeling Hyper-optimized…

Leave a Reply