The immediate Saving Opportunities can be found by doing cost studies of parts that are currently being purchased from existing supply chain. The Should-Cost approach would be invaluable when purchasing team need to work with suppliers. Purchasing and supply chain management will have an added advantage when they are provided Costed bill of material with a background of costing mechanism. The part description along with a breakdown of what the setup, material, process and tooling costs should be, would help the purchasing engineer negotiate better terms with the supplier.