How to track indirect savings


 

Question:

Here’s the situation;
I’m given certain items from engineering to quote and I’m not given an previous or expected cost — if I do a fine job quoting the part(s) out at multiple suppliers and find significant variability with price how to do I or can I report any cost avoidance?
Thanks for your replies

AIMDRIVE-AI Solution:

When there’s no previous or expected cost for an item, tracking  can be tricky. One way to measure savings is by comparing quotes to an  — especially for items never purchased before.

AIMDRIVE-AI helps by generating a  in real time, providing a  for reference. If the item has been purchased before, a  can reveal whether costs have increased, decreased, or remained stable over time.

This method offers a  for what should be paid today, helping to  effectively.

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