With copper prices rising, management is demanding another 15% cost reduction by mid-year—a calculation that has no standard answer this time around.
Most procurement teams focus their energy primarily on negotiating prices with suppliers. Yet, overlooked opportunities for cost savings often lie in tooling investments and installation labor costs.
#ShearBoltConnector: Eliminates the need for additional investment in crimping dies and allows for standard installation using a wrench; the total cost per connection can be up to 70% lower than that of traditional hydraulic connectors.
Sometimes, meeting cost-reduction targets is as simple as changing a single line item on your bill of materials.
At SUNJ, we consistently provide such solutions to procurement teams—we invite you to discuss your specific application requirements with us!
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#LeanProcurement #CostReduction #SupplyChain #ShearBoltConnector #SBC #SUNJ
