Collaborative Cost Reduction
By working together with the customer, Oxford Engineering can effectively reduce costs.
As a first tier supplier Oxford Engineering can offer savings direct to the end user in collaboration with supply partners, low cost overseas sources and utilising lean manufacturing techniques, value engineering and design improvements, making significant cost savings possible. A large multi-national medical company benefited from this cost effective way of working together. Winning the business on the basis of projected savings, Oxford Engineering was able to save the customer 21% over a year. Incremental cost savings over time benefit the customer – making products more competitive for the end user, thus improving sales volumes. Savings are shared, with no loss of margin, improving business profitably for the whole supply chain.