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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


T Minus 3 Weeks to NA STARS Customer Conference

3 weeks from today, I’ll be standing on stage with our CEO Stephanie Feraday, kicking off the 4th Annual North American STARS Customer Conference at the JW Marriott Phoenix Desert Ridge conference center in


The Principle of Granularity and Product Cost Management

After 25 years in the business of marketing manufacturing software, I still remember one of my early job interviews where I absolutely sealed the deal by referring to the Principle of Granularity. I’m not


Honeywell Aerospace Boosts Savings with Early Visibility to Product Cost

Cross Functional Team Collaboration Drives Product Cost Savings Early visibility to product cost drivers helps companies eliminate problems before they become extremely expensive to fix.  This was the conclusion of the team at Honeywell


The Network Effect and its Impact on Product Cost & Cycle Time – Part 3

As we’ve described in our first two installments of this series, in economics and business, the Network Effect is the impact that one user of a good or service has on the value of


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