Budnick Converting ®
Target Price
When I call into my materials converter for a new project, they always want a target price. Why?
The amount you have budgeted for your new project will help to determine which manufacturers' product your converter may consider for your application, in addition to the cost of the supplementary processing needed to convert the material to the form you need. Your target price allows them to get creative in all aspects of the sourcing and manufacturing process to meet your goal.
Giving a target price will also help your converter build a case with the manufacturer they select to get the best possible price for you. It may be possible to get deviated pricing from certain vendors for competitive situations, discounts for higher volume purchases and preferred terms if your converter has a preferential relationship with those certain vendors. Vendors like 3M have "Preferred Converters" and tesa has "tesa net partners." The most reliable converters have such relationships and working with them can ensure you get the right product in the right form for your application.
For more information about a preferred converter, visit BudnickConverting.com
The amount you have budgeted for your new project will help to determine which manufacturers' product your converter may consider for your application, in addition to the cost of the supplementary processing needed to convert the material to the form you need. Your target price allows them to get creative in all aspects of the sourcing and manufacturing process to meet your goal.
Giving a target price will also help your converter build a case with the manufacturer they select to get the best possible price for you. It may be possible to get deviated pricing from certain vendors for competitive situations, discounts for higher volume purchases and preferred terms if your converter has a preferential relationship with those certain vendors. Vendors like 3M have "Preferred Converters" and tesa has "tesa net partners." The most reliable converters have such relationships and working with them can ensure you get the right product in the right form for your application.
For more information about a preferred converter, visit BudnickConverting.com