5 Practical Ways to Reduce BOM Costs : Ideas for engineering and business leaders to profitable products
Reducing the BOM (Bill of Materials) cost of electronic hardware products involves two key components: procurement optimization and design optimization. While procurement optimization focuses on finding the best suppliers and negotiating prices, design optimization involves making strategic choices during the product development phase. In this post, we’ll be delving into the world of design optimization and exploring the various strategies you can use to cut BOM costs without sacrificing quality or performance……
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