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Purchase price analysis supports you in achieving higher cost savings for procurement parts

The role of procurement extends to the design of product characteristics, value-added processes, and supplier structures. Therefore, the purchasing process has a high impact on cost and influences technology, quality, and time to market for the end product.

Without a detailed understanding of cost structures along the various stages of a supply chain, sustainability, and innovation are no longer possible. The primary goal of procurement is to efficiently generate added value and cost savings for the company. This is often prevented through the disconnection between cost engineering and procurement based on gaps such as non-standardized methods and disconnected processes within purchase price analysis.

Purchase Price Analysis

The role of procurement extends to the design of product characteristics, value-added processes, and supplier structures. Therefore, the purchasing process has a high impact on cost and influences technology, quality, and time to market for the end product.

Without a detailed understanding of cost structures along the various stages of a supply chain, sustainability, and innovation are no longer possible. The primary goal of procurement is to efficiently generate added value and cost savings for the company. This is often prevented through the disconnection between cost engineering and procurement based on gaps such as non-standardized methods and disconnected processes within purchase price analysis.

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