FACTON EPC in machine and plant engineering industry
Enterprise-wide product cost management starting from the very first unit
Efficient product cost management – with the aim of reducing product costs – is a key success factor in mechanical engineering. FACTON EPC creates clear, robust and comprehensible calculations that help enterprises win and retain new Business.
Mechanical engineering and plant construction companies are all too familiar with the challenge of manufacturing starting from the very first unit. In order to generate cost advantages in spite of the challenges created by small batch production, the industry is focusing on the trend of modularization: Functional components that can be assembled over and over again to meet new customer or country-specific design requirements make it possible to produce series with higher repetition rates while cutting process costs. Further advantages include higher purchasing volumes, lower purchase prices, reduced one-time costs and a higher percentage of identical parts. FACTON EPC helps businesses add value in a cost-effective way while promoting a modern understanding of costs.
FACTON Content for precise manufacturing cost calculation and Analysis
FACTON EPC enables efficient, transparent and targeted calculation and cost analysis. All known, cost-related information is consolidated into a central, enterprise-wide database. FACTON Content helps cost accountants, cost engineers, value analysts and product and manufacturing cost controllers in the mechanical engineering and plant construction industry by providing them with a comprehensive standard parts database along with global cost information for analyzing and costing new purchased and production parts. This includes material prices, location-specific machine data, wage and salary data and industry and company-specific overhead costs for over 2,000 regions worldwide.