costdata^® global sourcing

Global sourcing decisions can only be successful, if the "right" products are relocated into the "right" procurement regions. The software costdata^® global sourcing helps you with these decisions.

Companies increasingly try to obtain savings by procuring worldwide. Frequently this procurement strategy does not lead to the desired results, because the costs of relo-cating products have not been adequately calculated before.

The difficulty of worldwide procurement is to relocate the “right” products into the “right” regions. Here, it is not enough to take into account the savings you can realize through reduced wages, salaries and materials. Especially the transaction costs con-cerning logistics, financial settlement, supervision etc. are frequently the crucial cost drivers of your product. In reality transaction costs are very often totally neglected or at least underestimated dramatically.

The software costdata^® global sourcing calculates the costs of relocating your product from a Total Cost of Ownership-perspective. The basis of this calculation are extensive and quarterly actualized databases about procuring conditions of currently 116 procurement regions. Simultaneously, risk considerations are incorporated. Using costdata^® global sourcing the best procurement region for your product is displayed after only a few minutes and saving potentials are easily calculated.

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