data analytics
eng identify potential savings eng eng ISP eng eng predictive PLM eng eng shouldcosting Service eng
pfeil blau unten      
WHICH PRODUCT OFFER POTENTIAL FOR COST REDUCTIONS?
WHICH PRICE IS ECONOMICALLY JUSTIFIABLE FOR A NEW PART?
DO WE BUY HOMOGENEOUS IN THE MATERIAL GROUPS?

Avoid overpaying for outsourced or internal manufactured parts - and know the price, before negotiation start. Procurement is facing new challenges. Firstly, due to the increasing diversity and complexity of products and secondly due to higher purchasing volumes. Data Analytics is part of our advanced procurement services and a method, to address these challenges. Apart from fact-based negotiation arguments, "advanced procurement" offers the possibility to identify internal cost reduction potentials and to improve the collaboration with the engineering department.

Grafik Analyse PSIMaterial group "milled parts" with supplier coloring

       

What is Data Analytics for procurement?
Data Analytics use several methods to analyze product groups. With Data Analytics, we identify potential savings in product groups. The output of the analysis shows the price you "should" pay for a component (the should cost) and answers important questions which arise on a regular basis:

  • Which products offer potential for cost reductions?
  • Which price is economically justifiable for a new part?
  • Do we buy homogeneous in our material groups?

Avoid overpaying for outsourced and/or internal manufactured parts - and know the price, before the negotiations start.


PSI OverviewThe detailed analysis allows dedicated information for each component.

      

What is the duration of an analysis?
The duration is depending on the amount of input data and the complexity of the products. The average duration is 2-3 weeks.

Which input data is needed for an analysis?
Each material group has specific input data. We are well equipped to extract all the parameters we need. Whether sheet metal parts, machine parts, turning parts, plastic parts, casting parts or cables, transistors, cables, drills, entire assemblies, entire plants etc.

shc Dashboard beispiel  

Who needs Data Analytics?
Data Analytics is primarily used by strategic buyers, cost analysts and the engineering - to get a detailed and in-depth insight into existing enterprise data. Data Analytics strengthens your position and deliver facts for negotiations


PSI   You wish more information about our software? Our software is an internal development and enable the strategic purchasing to identify savings in material groups and to calculate should cost inside every CAD System. Contact us, if you have any questions.