Benefit
Sending out consistent and quick quotations, purchasing at optimum prices and investing in the development of competitive product innovations, all require cross-departmental co-operation and companywide cost transparency.
FACTON supplies the foundation for such collaboration by making available all cost relevant data in a central place and always keeping it up-to date. That way, all information that is required for simulations and decision-making are accessible much faster and with less effort.
FACTON helps avoid redundancies, erroneous and inconsistent calculations. Due to change tracking in FACTON it is easy to reproduce what product changes were made by whom and when.
Integrated benchmark data
from the market leader
Well-founded product and investment decisions need reliable internal costing information as well as comparative external data. As result of an exclusive co-operation with Costdata AG FACTON is the only supplier to integrate Costdata’s market data into its costing solution.
Overall there are 45 million data records on salary, wages, overhead costs as well as on tool data and materials costs for the automotive, aerospace, defense, and machine construction industry, which are available instantaneously.
Quarterly updates assure the accuracy and timeliness of this market and benchmarking data.
Costdata content integrated in FACTON:
- 1000 regions
- 45 million data records
- 5 industries (Automotive, Vehicle Manufacturing, Aerospace, Defense, Machine Construction)
- Wage and salary information
- Overhead cost information
- Tool cost information
- Materials cost information
Benefits – the benchmark content facilitates
- Validation of supplier quotes
- Purchased parts price analyses
- Location simulations and off-shoring analyses
- Competitive analyses
Standardized costing. FACTON® EPC integrates all departments and costing data into one solution.