Four Easy Steps to Minimize Costs and Maximize Profits in Magnet Applications
Robert Wolf, President, Data Decisions
How much is your competitor paying for the magnets used in their products? Could you charge a premium for your product based upon your magnet cost? If you are looking for a methodology to uncover answers to these questions then consider this session as the introductory discovery process. We’ll begin with magnet chemistry: Alnico, Ferrite, Samarium Cobalt, Neodymium-Iron-Boron. We’ll then dive into choosing a reliable and dependable information source, how to build both cost and price matrices and best practices for charting results.
Robert Wolf has more than forty years’ experience in the permanent magnet industry. He has authored over twenty articles and is a frequent speaker at industry conferences. Bob is a graduate of Loyola University, BS – Physics, and DePaul University, MS – Physics. He taught mathematics at Purdue University North Central. Bob has held the positions of Product Manager for Rare Earth Magnets at Crucible Materials Corporation, Manager of North American Marketing of Permanent Magnets for Philips Corporation, and Vice President Neodymium Iron Boron Sales for Ugimag Corporation and was on the Board of Directors of the Magnetic Materials Producers Association. Currently as the President of Data Decisions, a consultancy company specializing in market research, and he exclusively represents Alliance LLC in sales and marketing.