AUSTIN, Texas--(BUSINESS WIRE)--Venture Outsource, LLC, a leader in contract electronics sourcing knowledge strategy, today announces, its next online training seminar for electronics OEM equipment manufacturers tasked with sourcing contract electronics manufacturing services (EMS). The next online seminar will be December 8, 2021.
The seminar is for electronics professionals in commodity procurement, strategic sourcing, purchasing cost estimation, pricing analysis, supplier development, supply chain management, and related, to help decision makers better plan and formulate budgets and spend when contracting and managing EMS manufacturing services, while staying ahead of EMS supplier costs and contract pricing negotiations.
"Our cost modelers are an essential point of reference helping electronic OEM equipment manufacturers make more informed decisions. Seminar attendees get benefits in many directions, able to connect the dots between their decisions and their consequences," says Venture Outsource president, Mark Zetter.
Each registered attendee receives an 'EMS Manufacturing Programs Cost Modeler Compendium’ and certificate upon completion of the virtual lab. Some key takeaways:
- Determine EMS provider 'internal cost' for your EMS program (vs EMS quote pricing)
- Identify areas in your EMS program or quote, where EMS providers are charging excessive fees
- Determine optimal EMS program Total Landed Cost per geography
- Using 'EMS Manufacturing Programs Cost Modeler Compendium' outputs to forecast EMS program costs and formulate strategy for EMS contract service agreement pricing negotiations, structuring contract clauses, and cost reduction strategies with EMS manufacturing partners
Industry professionals using the ‘EMS Manufacturing Programs Cost Modeler Compendium’ save, on average, between 5% and 15%+ of EMS manufacturing program annual spend.
An electronics OEM paying its EMS manufacturing partner $45 million for one year of services. With just a 5% reduction in OEM accounts payable to this EMS provider, the OEM cost reduction opportunity is $2.5 million, where:
Annual EMS Program Spend $45,0000,000 x .05 = $2,500,000 OEM Savings
About Venture Outsource, LLC
Venture Outsource, LLC is the leading top-down, thematic, contract electronics advisory with an esoteric approach to contract manufacturing supply chain problem solving. Our EMS sourcing cost models are used across a variety of electronics industry markets and segments, manufacturing program sizes and volumes, and geographies. Visit: ventureoutsource.com