“We do cost analysis mostly with partners like FACTON.” - 02/08/2012

Siemens PLM Software-CEO Chuck Grindstaff affirms the strategic importance of their partnership with FACTON in the field of enterprise product costing.

Q: I am missing a cost calculation tool tightly integrated in Teamcenter. You know, it is not only about innovation, it's also about margins based on cost transparency during the whole development process.

Grindstaff: We do cost analysis mostly with partners like Facton. We make sure that our data model is sufficiently robust so that we can hook in calculation engines like this for optimizing the lifecycle cost so that we have the whole traceability of the incurred cost. Because the big challenge of cost is: how well do you know it at special gates.

Read the entire interview here. (pdf)

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FACTON and RLE: Partners for Higher Efficiency - 02/08/2012

Joint effort for increasing efficiency in product development for the automotive and supplier industry.

FACTON, supplier of the leading enterprise product costing solution of the same name, and RLE INTERNATIONAL are now working together. RLE INTERNATIONAL Produktentwicklungsgesellschaft mbH is one of the world’s leading development service providers for the international automotive industry.

“Only those who have an eye on their costs at all times have a secure basis for weighing opportunities and risks and making decisions,” maintains Michael Manten, sales director for Business Services & Consulting at RLE INTERNATIONAL.

Find the entire press release here.