Various OEMs ship parts from other countries as they are not manufactured in their country. And OEMs from various sectors do so, not only one or two.
Here the point that is to be noted is, ordering parts from other country requires a lot of estimation in terms of cost as there are multiple cost associated with shipped material.
Currently, OEMs are performing the cost of estimation process through manual methods and here comes the interesting part, with manual setup there comes lots of error. And, in finding and correcting those errors lots of time is wasted. Sometimes, errors go unnoticed and OEMs need to bear to huge loss.
So, What’s the solution?
Solution is supplier cost estimation software. This is fully featured software that can manage the complete process of cost estimation for the items shipped from other countries.
There is one more drawback of manual process. As the manual process is time taking, profit margin of OEMs are less and they are not able to pay attention of other revenue generating areas. Also, there are two other important ingredients that must not be forgotten to maximize the success:
What Are The Factors Affecting Shipping Cost?
Here is the list of requirements that affect the price of shipment for OEMs:
For OEMs Supplier cost estimation software will increase the profitability and accuracy.
The software incorporates several unique and powerful features, with details costing formulas to produce precise estimates.
The software from Intellinet provides OEMs with knowledge they need to identify and understand the cost drivers in the products they ship from another countries. Moreover, it also allows organizations to implement uniform and predictable costing strategies.
For basic estimate of your shipping costs, Intellinet supplier cost estimation software is a great start. All that OEMs need to do is, Just integrate the software in their organizational setup and start doing things digitally. Moreover, OEMs will be able to see the location of shipment.
Feel free to connect if you have any other query regarding the software.