1 / 5

Maximize Cost Efficiency with AIMDRIVE’s AI Solutions

At AIMDRIVE, we prioritize Cost Efficiency through our cutting-edge AI-powered solutions for supply chain and procurement management. Our technology is designed to help businesses streamline processes, reduce operational costs, and make smarter, more cost-effective decisions. By leveraging AI, we enhance procurement strategies, optimize resource allocation, and eliminate inefficiencies, ensuring your organization maximizes value and profitability. Visit Us:- https://aimdrive.com/products/cost-analysis/

Aim19
Download Presentation

Maximize Cost Efficiency with AIMDRIVE’s AI Solutions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cost Efficiency https://aimdrive.com/products/cost-analysis/

  2. AIM&DRIVE® has delivered billions of dollars and double-digit percentage cost savings for F-500 and small-medium enterprises. https://aimdrive.com/products/cost-analysis/

  3. AIMDRIVE-AI Price Analysis: Identify the industry of your supplier and obtain the Market Average Price Move- ment of products sold by this industry. You find that the market average price movement over the past year was -1%. Use this benchmark to challenge the supplier’s Price Increase Request of 10%. However, the Supplier cites an increase of 20% in wages of Production workers over the past year due to a shortage of skilled workers in their region, and that this may not be reflected by the national industry index you have chosen to compare to. https://aimdrive.com/products/cost-analysis/

  4. AIMDRIVE-AI Cost Analysis: Obtain the Industry Average Cost Profile of products sold by this industry to un- derstand the proportion of the Products’ Sales Price that is attributable to Pro- duction workers wages, i.e. the Direct Labor cost. In this example, the Industry Average Cost Profile indicates that the Direct Labor cost represents on average 5.0% of the overall Product Price. A 20% increase in Direct Labor cost, which itself represents 5% of the price, would justify a 1% increase in the sales price (20% of 5%). Hence, this would only justify a price increase of $0.10 (1% of $10.00) for this Product. https://aimdrive.com/products/cost-analysis/

  5. https://aimdrive.com/products/cost-analysis/

More Related