Definition
What is Should-cost modeling in electronics sourcing?
Estimating what a component or assembly ought to cost based on materials, process, volume, and market conditions, rather than only on quoted price. Should-cost gives buyers a baseline to negotiate against and to flag over-priced quotes.
Related terms
Every part on your BOM, resolved automatically.
O2 reads a bill of materials end to end: it normalizes part numbers, checks lifecycle and compliance on every line, finds alternates, and drafts the quote.