Benefit
A common understanding of costs across the entire company is essential to avoid comparing apples and oranges. This, in turn requires unification of the costing process.
As leading EPC solution FACTON facilitates the standardization process with consistent calculation logic and valuation methods, based on the company specific costing scheme.
As standard IT tool FACTON enforces compliance with calculation guidelines and enables faster access to product cost information at significantly less administrative effort. Objectified product cost information is a better base for comparing calculation alternatives and is less susceptible to personal factors.
Innovative costing methods
Process Costs
Secure and assess know-how.
FACTON provides a fast growing knowledge database of manufacturing processes and technologies that supports fast calculation of process costs and easy comparison of engineering alternatives. Even users without deep engineering expertise can quickly and accurately evaluate design and process changes with FACTON.
In addition to the FACTON standard data valuable company specific process and technology know-how can be secured within FACTON. Knowledge and formula based processes can be simply viewed and analyzed. By considering learning effects existing process expertise can be continuously enhanced in a methodical way.
Tool costs
For a reliable product cost calculation it is essential that the costs of required tools are included. In contrast to rough estimation methods FACTON enables a parameter based tool costing. The underlying data stem from analyzing over 17.500 existing tools (Tier 1 and OEM) and is thus empirically validated.
Overview
- over 135 manufacturing processes in fast growing database
- easy to enhance with company specific know-how and experience
- empirically validated tool costs (segments: chassis, exterior, interior, electronics)