Direct Materials Cost Reduction Services
Since 1992, hundreds of companies have trusted Corcentric to reduce their costs of direct materials, goods, and services. From simple raw materials, to chemicals, and from semi-finished machined parts to finished assemblies, we have the experience and technical experience you need for these complex categories.
- Direct Materials Sourcing Techniques Assessment of the Supply Chain – Corcentric will identify opportunities in the supply base to offload or enhance engineering and designing capabilities, and engage strategic suppliers to ensure access to innovation.
- Consolidating Existing Suppliers and Identifying Alternative Premier Suppliers – Our market intelligence and understanding of procurement best practices enables us not only to identify opportunities for supplier consolidation within the existing supply base, but also to locate and coordinate with qualified manufacturers who provide cost efficiencies and value adds.
- Process Improvement – Our Engineers and Scientists will identify opportunities to redesign processes and SOPs, ensuring all stakeholder needs and dependencies are addressed with optimal efficiency. We will also help reset targets for performance and establish SMART goals for objective measurement.
Outsourcing your manufacturing operations to a strategic partner requires a thorough understanding of your current state paired with strong market visibility. Trust Corcentric’s strategic sourcing expertise, on-demand procurement resources, and pedigree of science and engineering subject matter expertise to design and secure the best-fit outsourced solution for your manufacturing operations. Corcentric’s Contract Manufacturing specialists have the multi-disciplinary expertise and experience to help you navigate all the complexities and challenges of increasing efficiency and controlling costs.
Value Analysis / Value Engineering (VAVE)
Without strategic sourcing playing a key role in a product’s lifecycle, the costs of manufactured goods or services quickly become unruly and damage the bottom line. Our Engineered Products Cost Management experts have decades of experience managing complex product lifecycles and have helped hundreds of industry leaders introduce lower cost materials and execute design changes with little to no disruption to output and operations.