Collaborative Supply Chains
Inflation Offset & Price Increase Management
Inflation and price increase requests are creating turmoil in our businesses today. We have a strong history of offsetting inflation and price increase requests. We do this by mapping out all cost drivers and find areas of continuous improvement. The list of common improvements include the following:
- Purchased Components Cost Modeling
- Manufacturing Efficiency Improvements
- Cycle Time Improvements
- Set Up Time Improvements
- Lot Run Size Optimization
- Secondary Process Elimination
- # of Direct Labor Operators
- Automation
- Raw Material Blank Utilization
- Manufacturing Technology Improvements
- Design and Specification Improvements
We then use this information for negotiations and discussions with the suppliers for waste reduction implementation to help offset the inflation.
