Effective Cost Cutting in Asia: Practical Modern Approach for Managers and Engineers in Industry to Achieve Profit Growth

The book discusses how the purchasing department can gain profit for the company by reducing costs in productive and non-productive materials and negotiating with suppliers. It also provides ideas for successful purchasing and supplier development in Asia.

Format: Hardback
Length: 378 pages
Publication date: 01 March 2022
Publisher: Springer Nature Switzerland AG

The era of affordable raw materials and energy sources has come to an end. Suppliers are likely to raise prices due to the increasing costs of energy and materials. This book offers valuable insights on how your purchasing department can enhance your company's profitability and explore innovative strategies for successful purchasing and supplier development in Asia. The author delves into cost-reduction techniques for both productive (BOM) and non-productive materials (NPMs), as well as calculating product and tool costs. Additionally, the book provides practical guidance on negotiating favorable terms with suppliers in Asia and establishing a robust supplier relationship management system.

The days of cheap raw materials and energy sources are gone. Suppliers will demand price increases due to the rising costs of energy and materials.

This book describes how your purchasing department is able to gain (more) profit for your company and includes new ideas for successful purchasing and supplier development in Asia.

The author discusses how to reduce costs in productive (BOM) and non-productive materials (NPMs) and how to calculate product and tool costs.

As well, the book shows ways to negotiate your results with your suppliers in Asia and build an effective system of supplier relationship management.

Weight: 770g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030827816
Edition number: 1st ed. 2022