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6 Metrics That Will Help Improve Your Engineering Productivity

Abe Chaves | November 23, 2016

Metrics are essential to a healthy business. For engineering teams, these metrics will empower you to measure effectiveness with the intent of improving productivity and driving peak performance. Choosing the right metrics that incentivize

The Real Economic Order Quantity

Traditional Economic Order Quantity Open any Operations Management book or Operational Accounting book and you will see a figure, much like the one below (Fig. 1), used to describe what we have come to

How to Get a Fair Price on Parts For Your NPI

When you’re sourcing NPI parts, you could have two different types. One is brand new parts – parts you have never purchased before that are not similar to any other parts. The other is

How to Use Fact-Based Negotiation to Get the Best Price on Existing Components

Conducting fact-based negotiations is an effective cost reduction strategy when sourcing existing components. In this post, I will explain how to leverage a product cost management (PCM) platform to conduct fact-based negotiations and provide

How to Collaborate with Suppliers to Reduce Product Costs

Abe Chaves | January 21, 2016 , ,

There are many ways a product cost management (PCM) platform can help you collaborate with your suppliers, and I really do mean collaborate, to obtain cost savings. Conduct Fact-Based Negotiations A PCM platform helps

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