Product Details

• Target costs, design to cost, savings program
  Management process for controlling and tracking reduction programs by means of product cost reduction to achieve optimal profit margins
• Cost driver analysis
  Determine cost drivers and utilization of this information to develop cost reduction strategies
• Global costing standards and consistency
  Standardized global costing process for consistent decisions
• Revision security and SOX costing capacity
  Documenting and tracking of product cost decisions
• Idea and innovation management
  Management of cost reduction ideas and documentation of cost effectiveness of these ideas at global company level

Please contact us. We would like to provide more information.

• Compiling offers in customer format
  Easily compile quotes/proposals in OEM-specific formats
• Product costing
  Determination and analysis of product costs over the entire product lifecycle
• Resource costing
  Analysis of the financial consequences of investments, staffing or equipment under global conditions
• Functions-based costing
  Functional cost analysis aims at recognizing and eliminating all costs that are not necessary for the value or the function of a product
• Process time-based costing (technical templates)
  Use of standardized time costing technologies - such as milling or injection molding - for rapid cost assessment
• Working plans (including resources)
  Recording and analyzing production processes and the resource costs associated with them
• Overhead costing
  Setting up a consistent and reproducible structure for all overheads that influence production costs

Please contact us. We would like to provide more information.

• Capacity planning
  A quick overview of equipment capacity in each project phase in order to optimize the time to invest
• Portfolio analysis
  Continual simulation of costs and return on investment for trends in the product mix to optimize your portfolio
• Product and project complexity management
  Regulate complex BOM parts lists with a variety of reference codes and variants in an application
• Product cost management
  A quick and easy overview of KPIs on product status and on target achievement/deviation
• Break-even analysis
  Understand all relevant KPIs that influence return on investment and react to them in every phase of the product
• Return on investment analysis
  Analysis and documentation of investment decisions

Please contact us. We would like to provide more information.

• Simple customization of costing solution
  Adapting FACTON to special requirements such as customer specific cost accounting schemes and overhead absorptions
• FACTON Integration system
  Offers interfaces for superordinate and subordinate applications to completely integrate FACTON in product lifecycle management
• Global adoption of the costing solution
  Central, worldwide database that contains complete costing information

Please contact us. We would like to provide more information.

• Program and production planning
  Use of market information and forecasts to simulate program expectations
• Cost lifecycle planning
  Forecasts of the actual production costs across the whole product lifecycle
• Revenue planning over the lifecycle
  Compare lifecycle and cost-independent revenue planning including all concessions to the customer concerning production costs
• Analysis of return on investment
  In-depth understanding of profit margin effects in order to optimize the product and for design to cost

Please contact us. We would like to provide more information.

• Analysis of technical/business alternatives
  The ability to evaluate alternatives such as make or buy, production experiences and equipment applications, structure alternatives
• Purchased part analysis
  Capability for detailed analysis of supplier quotes/proposals based on validity
• Change management/version control
  Tracking and documenting all changes in costing sheet and in the database
• Part list-based costing
  Costing of each part in the BOM part list, independent of whether it is a purchased or assembled part, including work plans and work preparation
• Management of complex part lists and cost structures
  Management and re-application of parts, semi-finished products, assembly groups, product and variant configurations
• Part list management
  Management of change in the BOM part list with reference to cost effects
• Cost break-down
  Simple cost deduction in level of detail that can be freely selected e.g. employee costs, equipment costs

Please contact us. We would like to provide more information.