SOURCING DIRECT MATERIALS
Applications for Identifying Cost Savings
Convergence Data Services (CDS) provides solutions that enable major savings through improved direct materials sourcing. Our tools provide capabilities which assist in the development of a rich set of purchased item data that is utilized by engineering and purchasing to make better decisions in course of sourcing direct materials. Here are some of the benefits CDS customers have realized by leveraging CDS solutions to improve their direct materials sourcing:
- Average part cost savings 15-25%
- Improvement in throughput of sourcing direct materials 300%
- Parts rationalization 30-60%
- Reduction in time preparing for sourcing events 100%