Global procurement markets and increasing cost pressures require professional cost management in the field of mold, tool, and die. Shorter lifecycles paired with higher product variability mean that the share of tool costs in relation to the total costs of a product line is steadily increasing. Therefore the tool costs become a critical focus of cost management in tool purchasing.
Tool buyers need to constantly optimize tool spending and ensure the improved offer performance of suppliers. Due to the increasing complexity of tools and smaller production runs, this balancing act is a challenge even for experienced tool specialists, and succeeds only with the help of a powerful tool purchase prices analysis system that delivers faster, more accurate and comprehensible results based on parametric models.
