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Implementing an Effective Product Cost Management Program

Best-in-Class Companies Take a Strategic Approach to Managing Product Costs

The benefits of a systematic product cost management program are significant, yet many manufacturers struggle to implement these initiatives effectively.

This whitepaper discusses some of the obstacles involved and outlines key considerations and best practices for initiating an effective product cost management program.  It also provides practical guidelines and examples of how to execute them for maximum impact.

Previous Article
How to Collaborate with Suppliers to Reduce Product Costs
How to Collaborate with Suppliers to Reduce Product Costs

There are many ways a product cost management (PCM) platform can help you collaborate with your suppliers, ...

Next Article
How to Use Fact-Based Negotiation to Get the Best Price on Existing Components
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 component...

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