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Proactive cost management for the high-tech and electronics industries.

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Getting a grip on the costing of highly complex products

FACTON EPC keeps costs transparent for the high-tech and electronics industries at every stage of the product evolution process. Maximum innovation paired with minimum product costs keeps enterprises competitive. Short product lifecycles and challenging customer demands combined with intense competitive and cost pressures require high-tech and electronics companies to maintain the highest standards of innovation while keeping costs as low as possible. The typically low margins generated in the high-tech market mean that decisions made during the product evolution process have even greater implications in terms of their impact on manufacturing costs down the road.

The ability to identify business consequences arising from decisions made in the product development process and take the appropriate actions to cut costs is becoming an increasingly decisive factors in global competition. The prerequisite: cost information must always be clearly visible and understandable for everyone involved in the process. FACTON EPC provides the basis for this clarity with an enterprise-wide platform that enables businesses to evaluate relevant factors, such as materials and manufacturing processes or suppliers that need to be integrated.

FACTON EPC gives companies in the high-tech and electronics industries the transparency they need for all of their cost information. This makes it possible to respond quickly and accurately to changes in customer requirements, give engineers in the development process the opportunity to make sound decisions especially regarding costs and evaluate various sourcing alternatives.

Best Practices

White paper: Benchmarking

Identify optimization potential, sharpen competitive edge.

White paper: Benchmarking

White paper: The Path to a Profit-oriented Enterprise

Learn more about active cost management with Enterprise Product Costing.

White paper: The Path to a Profit-oriented Enterprise

White paper: Should Costing

Understand costing structures and identify optimization potential.

White paper: Should Costing