15 min listen
593: Getting to Know Should-Cost Analysis w/ Yushiro Kato
593: Getting to Know Should-Cost Analysis w/ Yushiro Kato
ratings:
Length:
44 minutes
Released:
May 22, 2023
Format:
Podcast episode
Description
According to research conducted by CADDi, 28.1 percent of procurement professionals know what should-cost analysis is, but only 4.6 percent use it. Given the critical importance of efficient direct material sourcing to manufacturing companies, these numbers justify further investigation. In this episode, Kelly Barner is joined by Yushiro Kato, Co-Founder and CEO of CADDi. He is an advocate for should-cost analysis based on his first hand experience leveraging it as an effective cost reduction strategy and also for its potential to serve as a catalyst for collaboration with key suppliers. Yushiro and Kelly take this opportunity to discuss: Why there is an understanding gap around should-cost analysis How accurate should-cost analysis needs to be in order to be actionable What it looks like to conduct a collaborative should-cost analysis exercise with suppliers, and what results such an effort can deliver
Released:
May 22, 2023
Format:
Podcast episode
Titles in the series (100)
011 - Welcome to 2016 and the Art of Procurement Friday Show!: Welcome to 2016! Host Philip Ideson shares his procurement journey, and discusses his vision for the Art of Procurement in 2016 - including a new regular Friday show. by Art of Procurement