Knowing what a purchased parts is really supposed to cost

How much should a purchased part cost? Often, this – at the first glance easy – question cannot answered satisfactory. Oftentimes there are no benchmarking data available to validate a supplier’s quote without much effort.

As result of an exclusive co-operation with Costdata AG, the market leader for cost benchmark data, FACTON can provide all its users up-to-date benchmark information from over 1,000 regions worldwide. The market content becomes complete with the FACTON knowledge base for manufacturing processes, process times and tool costs. 

This way, process costs can be calculated even without deep engineering expertise.
 

FACTON® EPC for the buying process:

• Validation of supplier quotes
• Purchased parts price analyses
• Systematic identification of savings potential
• Negotiation based upon facts (not „gut feelings“ )