Cost Savings
Strategic Sourcing for Budget-Savvy Innovation
Empowering Your Business by Meticulously Sourcing Quality Components at the Best Prices
What We Do
Cost-Effective Excellence in Component Sourcing
Data Intelligence – Novax employs our exclusive software system, to identify the most competitive price available in the market for you.
Monitor Price Fluctuations – We offer continuous monitoring of your part’s prices in real-time without causing increased demand. We keep a close watch on the pricing of your components and only make purchases when the costs align with your specified target range.
Acquire Components from Surplus – Utilizing our customer excess program, we have the capability to locate components unavailable for purchase elsewhere. By leveraging your list of required parts, we conduct searches in unique areas, ensuring exclusivity, and aligning with your desired Purchase Price Variance (PPV).
![](https://novaxelectronics.com/wp-content/uploads/2024/01/Cost-Savings-1080x1080-1.jpg)
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