--- title: Automotive | FACTON description: FACTON EPC enables OEMs and their suppliers to achieve maximum cost transparency. image: https://www.facton.com/hubfs/02_Visuals%20Website/01_Pages/02_Industries/Automotive/Featured%20Image_Automotive.png --- - [Contact](https://www.facton.com/contact?hsLang=en) - [Career](https://www.facton.com/about-us/jobs-and-careers?hsLang=en) - [Blog](https://www.facton.com/blog?hsLang=en) [![mainnavlogo](https://www.facton.com/hubfs/Assets%202017/mainnavlogo.svg "mainnavlogo")](https://www.facton.com/?hsLang=en) [![logo-min](https://www.facton.com/hubfs/IL%20-%20Assets%20-%202018/Home%20Page/logo-min.svg "logo-min")](https://www.facton.com/?hsLang=en) [![Speak to an expert](https://no-cache.hubspot.com/cta/default/2636839/d2e8d2bb-4cea-449a-9ae9-8e4156b08444.png)](https://cta-redirect.hubspot.com/cta/redirect/2636839/d2e8d2bb-4cea-449a-9ae9-8e4156b08444) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # OPTIMIZING PRODUCT COSTS Agile Cost Estimation and Quotation Calculation in the Automotive Industry [![REQUEST A DEMO](https://no-cache.hubspot.com/cta/default/2636839/interactive-154265691755.png) ](https://www.facton.com/hs/cta/wi/redirect?encryptedPayload=AVxigLIP4FIpxEdYIALVjW3XiGTo5IN%2F%2BVGd4hiq%2BN%2BZDCCWOYKgThvfMOktU%2BXpLoD1blxldni%2BYmNa9jUMbIxuAgEO2B87sIvqlQtF2klFo7gqeO5tJmirPmA4zUhvr%2FfZlYAReDM2FRhUlrOfjtqrsuVeiruHJCooYOMd2RMWRaYNSFIZsiCsr1WrHFM%3D&webInteractiveContentId=154265691755&portalId=2636839&hsLang=en) ## ** Fast assessment of product and quotation costs for OEMs and their suppliers** **FACTON EPC** helps **OEMs, and their suppliers,** make their costs transparent, enabling them to quickly and accurately assess the impact of various decisions on their cost situation. Manufacturing companies need a transparent, rapidly available overview of costs to evaluate alternative locations, manufacturing processes or suppliers. At the same time, they should be able to access consistent, clear cost information at every stage of product development - from the initial idea to series production. **How product costs and product-related emissions are assessed in parallel**   Whether a supplier prepares a [plausible quotation for the OEM](https://www.facton.com/reliable-cost-estimates-and-sales-quotes-based-upon-take-rates?hsLang=en) as part of open book accounting or the OEM has to evaluate a supplier's quotation as part of its [purchased parts price analysis](https://www.facton.com/should-costing?hsLang=en). The prerequisite for success is full cost transparency that benefits all business areas. [![Case Study: Vibracoustic calculates product costs in a few minutes](https://no-cache.hubspot.com/cta/default/2636839/652b3dc5-5196-4a30-8c8d-37d575b1f359.png)](https://cta-redirect.hubspot.com/cta/redirect/2636839/652b3dc5-5196-4a30-8c8d-37d575b1f359) **With FACTON EPC, companies in the automotive industry achieve higher cost transparency and are able to make decisions quickly and based on precise information** The enterprise software[ enables suppliers to calculate quotations](https://www.facton.com/resources/whitepaper-offer-calculation?hsLang=en) based on currently evaluated design decisions. Change requests remain traceable, and [quotation data transferred to the manufacturer at the push of a button](https://www.facton.com/blog/how-automotive-suppliers-send-quote-data-to-oems-today?hsLang=en). Companies consider valid [price information from purchasing](https://www.facton.com/processes/purchasing/?hsLang=en) at any time and determine the parameters of planned manufacturing processes and locations. ## Best Practices ### Case Study: Vibracoustic Find out how the automotive supplier calculates the costs of complex products with FACTON EPC in a matter of minutes. [Case Study: Vibracoustic](https://www.facton.com/resources/case-study-vibracoustic?hsLang=en) [DOWNLOAD](https://www.facton.com/resources/case-study-vibracoustic?hsLang=en) ### 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](https://www.facton.com/resources/whitepaper-the-path-to-a-profit-oriented-enterprise?hsLang=en) [DOWNLOAD](https://www.facton.com/resources/whitepaper-the-path-to-a-profit-oriented-enterprise?hsLang=en) ### White paper: Should Costing Understand costing structures and identify optimization potential. [White paper: Should Costing](https://www.facton.com/resources/whitepaper-should-costing?hsLang=en) [DOWNLOAD](https://www.facton.com/resources/whitepaper-should-costing?hsLang=en) ## COST SMARTER. think ahead. 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