About this event
Discover how you can benchmark your electronic component prices for your next supplier negotiations!
Different to the price of a PCBAs, the price of electronic components has little to do with a bottom-up cost calculation. At times, it can feel arbitrary. Other companies might be paying up to 80% less for the same components than you are. Knowing where you stand with your prices versus where you should stand is crucial to identifying your categories with the largest savings potential.
Why you should attend & what you will learn:
☑️ Identify Savings: Compare your purchase prices to industry benchmarks to identify where you could save the most.
☑️ Negotiate with confidence: By summarising your company's price competitiveness in an average ranking and combining that ranking with a statistical model of the price distribution of any given component we can predict a specific target price, just for you. Knowing the target prices to aim for will give you a more informed position during your next supplier negotiations.
☑️ Save up to 80% for the same components: We’ll show you exactly where you stand with your component prices, revealing outliers and highlighting key negotiation points for reducing high-cost areas. You will be aware of the prices that the rest of the market is paying beforehand!
Who should attend?
This webinar is ideal for OEM and EMS companies negotiating electronic parts, including:
- Strategic Procurement Professionals
- Category/Commodity Managers
- Value and Cost Engineers
Secure your spot in our webinar today and get a free benchmarking report for your component prices!
Luminovo
The electronics supply chain platformLuminovo brings all your electronics data, processes, and players together in one place.
