Overview

Escalating inputs costs in China along with slowdown in steel sector has slightly reduced China's manufacturing lucrativeness. Meanwhile, labor costs in China rose by 10-15% in 2014.

Heavy equipment and appliances manufacturers are realigning their supply chains to explore other low cost alternatives, while at the same time focusing on technological innovation to drive sales. Several manufacturers are exploring material innovation and are also deploying commodity market analysis to reduce costs.

Procurement Imperatives for Industry Manufacturing & Durables Industry

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Beroe solutions

Beroe's Solutions for the Industry Manufacturing & Durables

Continuous tracking of over 500 suppliers and a network of industry experts

to help in gaining valuable insights into current technology, processes and should-costs.

Cost/Price composition model and accurate price forecasts of consumables

Beroe's forecast accuracy, even for volatile commodities, is above 90%.

Help in supplier evaluations via pre-qualification surveys

to identify best-fit suppliers.

Identify alternative sourcing destinations

Strategic recommendations on sourcing and negotiation.

Support on sustainable Green practices

Dynamic tools to estimate any given product's carbon footprint & mitigation opportunities.

advantage procurement

Domains and categories in Manufacturing & Durables Industry

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