MAG45 will proactively propose alternative and substitute products as part of our continuous improvement program for our customers. We actively involve our supplier network and their experience to develop technical initiatives and optimise item costs through:
- Product substitutions – lower item costs with alternative brands
- Extended product life time – longer life time of parts
- OEM part conversion – reducing item costs by buying directly at the source
- Energy efficiency – saving energy costs
- Re-engineering – redesigning product requirements to solve quality failures
Together with our customers we prioritize our resourcing initiatives depending on the required validation process and the expected benefits.
Our resourcing initiatives bring year over year benefits to our customers by reducing item costs,
increasing product life times, and saving energy costs.