Cost transparency

Costs demystified

How well do you know the price structure of the components purchased for your company? Do you ever stop to think why they cost X and not Z or Y? Do you know how exactly the production process, the materials and the supplier market influence the price of a given product? Eveneum's experts provide you with tools for increasing cost transparency in your supply chain.

How does Eveneum support cost transparency?

Here at Eveneum we know how difficult it is to control your expenditure without knowing the cost structure of a product and how difficult it may be to start a productive dialogue with your supplier, if you do not understand the reason behind rising costs.

If you are looking to implement cost transparency into the partnership with your supplier, our advisers will help to convince your partner to play it straight. We will also help you:

design a cost breakdown form,

identify the main cost components of a product,

select the right tools and procedures for evaluating and reducing costs.

We will also help you encourage your supplier to the idea of transparency, indicating the mutual benefits of introducing such a solution.

Increased cost transparency will help you to build a healthy business partnership with your supplier and prepare for potential negotiation.

Advantages

The more you know, the more you are able to do. Knowledge is a powerful tool that allows you to run your business efficiently and choose the most effective strategies. Knowing the cost structure of the products you purchase, you can forecast the effect market fluctuations will have on costs and prices and come up with appropriate measures to ensure your business stays competitive.

With the support of Eveneum, costs will cease to be a mystery to you, making your negotiations with business partners much easier.

Our innovative solutions are individually tailored to suit your needs. Get in touch with our Eveneum consultant in order to learn more about working with us.