Cost Reduction & Net Working Capital Improvement
Key Services Provided by GLOBAL to Assist Our Clients in the On-Going Pursuit of Lower Product Prices and Net Working Capital Improvement.
- Reduce Duty & Tariffs: Manage / Minimize All U.S. Customs Duty and Tariff Issues
- Factory Competition: Leverage Multiple Manufacturing Source Options to Achieve Top Product Quality + Lowest Price + Favorable Terms + Dependable Service = Best Value
- Pricing Assurance: Establish Pricing Mechanisms to Automatically Calculate Product Pricing Based on Daily Materials Prices and Currency Exchange Rates
- Product Line Review: Conduct Annual PLR’s for All Product Lines to Ensure “Low Cost” Market Leadership
- Cost Out Analysis: Work with Clients and Factories to Maintain/Improve Product Quality while Lowering Costs via Design, Material, or Manufacturing Revisions
- Inventory Optimization: Work with Client Materials Team to Reduce Supplier Lead Times & Optimize Client Inventories
- Program Terms: Negotiate Volume Rebates, Extended Payment Terms, Periodic Invoice Holds & Inventory Deferrals, etc.