593: Getting to Know Should-Cost Analysis w/ Yushiro Kato

<p dir="ltr">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.</p> <p dir="ltr">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.</p> <p dir="ltr">Yushiro and Kelly take this opportunity to discuss:</p> <ul> <li dir="ltr" role="presentation">Why there is an understanding gap around should-cost analysis</li> <li dir="ltr" role="presentation">How accurate should-cost analysis needs to be in order to be actionable</li> <li dir="ltr" role="presentation">What it looks like to conduct a collaborative should-cost analysis exercise with suppliers, and what results such an effort can deliver</li> </ul> <p> </p>