AUSTIN, Texas – (BUSINESS WIRE) – November 9, 2021–
Venture Outsource, LLC, a leader in contract electronics procurement knowledge strategy, today announces its upcoming online training seminar for OEM electronics manufacturers tasked with sourcing manufacturing services. electronic contract (EMS). The next webinar will take place on December 8, 2021.
The seminar is aimed at electronics professionals in the fields of raw material sourcing, strategic sourcing, purchasing cost estimation, price analysis, supplier development, supply chain management and others, to help decision makers better plan and formulate budgets and expenditures when contracting and managing EMS manufacturing services, while staying ahead of costs EMS suppliers and contract price negotiations.
âOur cost modelers are an essential point of reference to help OEMs electronic equipment manufacturers make more informed decisions. Seminar attendees enjoy benefits in many directions, able to relate their decisions to their consequences, âsaid Mark Zetter, President of Venture Outsource.
Each registered participant receives an âEMS Manufacturing Program Cost Modeling Compendiumâ and certificate upon completion of the virtual lab. Some key points to remember:
- Determine the EMS provider’s ‘internal cost’ for your EMS program (versus the EMS quote price)
- Identify areas in your EMS program or quote, where EMS vendors charge excessive fees
- Determine the optimal EMS program Total landed cost by geographic area
- Using the results of the âEMS Manufacturing Program Cost Modeler Compendiumâ to forecast EMS program costs and formulate a strategy for EMS service contract pricing negotiations, structuring contract clauses and cost reduction strategies with customers. EMS manufacturing partners
Industry professionals using the âEMS Manufacturing Program Cost Modeling Compendiumâ save, on average, between 5% and over 15% of annual EMS manufacturing program expenses.
An electronic equipment manufacturer paying $ 45 million to its manufacturing partner EMS for one year of services. With only a 5% reduction in OEM accounts payable to this EMS supplier, the OEM cost reduction opportunity is $ 2.5 million, where:
Annual EMS Program Spend $ 45,000,000 x 0.05 = $ 2,500,000 OEM Savings
About Venture Outsource, LLC
Venture Outsource, LLC is the top-down, thematic, electronics consulting contract with an esoteric approach to solving contract manufacturing supply chain problems. Our EMS sourcing cost models are used in a variety of electronics industry markets and segments, sizes and volumes of manufacturing programs and geographies. Visit: ventureoutsource.com
KEYWORD: UNITED STATES NORTH AMERICA CANADA TEXAS
INDUSTRY KEYWORD: AUTOMOTIVE CONSUMPTION ELECTRONIC CONSUMPTION SUPPLY CHAIN ââMANAGEMENT TECHNOLOGY MANUFACTURING OTHER AUTOMOTIVE OTHER GENERAL AUTOMOTIVE TECHNOLOGY OTHER MANUFACTURING DETAIL
SOURCE: Venture Outsource, LLC
Copyright Business Wire 2021.
PUB: 09/11/2021 9:10 a.m. / DISC: 09/11/2021 9:11 a.m.
Copyright Business Wire 2021.