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

Abe Chaves | November 6, 2019 , ,

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


Utilizing Should Costing to Engage and Retain Millennial Talent

Laurel Bougie | March 15, 2018 ,

By 2025, over 2 million manufacturing jobs will go unfilled due to the looming skills gap created from the 2.7 million baby boomers retiring and the 1/3 of American families encouraging their children not


Circor Successfully Implements a Cost Reduction Strategy

Even best-in-class manufacturing companies can miss their cost targets when launching new products.


Product Cost Management is a Team Sport

Introduction Over the past few months, aPriori has had the privilege of working with Stan Przybylinski, Vice President of Research at CIMdata, to document the current state of the product cost management software market.  


Creating a Cost Classification System

The nature of product development is that details about components emerge … evolve … and solidify over time. A component may start out as a concept sketch with rough dimensional information. Over time that


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