Product owners often work with multi-sourcing, covering both EMS suppliers and component manufacturers. The challenge is always securing the best possible terms, whether it’s price, delivery time, payment terms, or minimum order quantities.

The Quota feature in Lexi’s Contract Price module streamlines the complexities of sourcing from multiple suppliers for the same part, each with different prices and allocated volumes.

Equipped with real data, assigning the right quota to each supplier can be made easier with Lexi’s platform, enabling you to monitor deviations, analyze cost implications, and assess potential risks, all within a single platform. This centralized approach by Lexi facilitates informed decision-making and eliminates the guesswork on quota allocations.

Here are the key benefits of using Lexi’s contract price and quota management:

• Optimized Cost Management

  Gain visibility into all contract conditions, such as MOQs and payment terms, enabling you to select the most cost-effective suppliers.
• Dual-Sourced Cost Impact

  Identify the cost impact of the dual-source risk resilience program cost per MPN, Supplier, or Product Family.
• Strategic Allocation

  Allocate the right percentage of your orders to each supplier based on cost, capacity, and other terms, helping maintain the desired cost structure for your product.
• Improved Supplier Relationships

  Manage contracts more efficiently, fostering stronger relationships with your future suppliers by aligning expectations and agreements.