FACTON EPC allows for accurate costing from the initial development process to technical changes in serial parts. With the patented FACTON modes, the capability maturity of the product costing can be examined and assessed.
Between 70 and 80 per cent of the product costs are determined in the initial stage of the development process. Cost planning and tracking from the very start of a project is therefore crucial in order to identify cost drivers at the earliest possible stage. Companies who run FACTON EPC are in a position to track and optimise their costing processes from the moment of conception of a new product across its entire lifecycle. Capability maturity analyses enable operators to determine how realistic and accurate their costing figures actually are.
FACTON EPC calculates capability maturity based on patented modes
The maturity of a cost calculation is determined by means of capability maturity modes: at an early costing stage (draft/conceptual stage), it is normally sufficient to work with rough estimates. In the Estimation mode, first cost estimates are directly included in the costing and labelled as estimates.
In the Scaling mode, users can select an existing similar part to serve as a cost reference for a new part. In this case, all existing cost elements of the part are multiplied with up to four factors, taking into account dimensions, weights, etc. This scaling is performed on the basis of the material and production costs, and produces relatively reliable costing guidelines.
Technology mode for the inclusion of production and process know-how
In the Technology mode, the production and process know-how is included in the costing.
In this step, technical time analyses of production processes as well as product-specific cost items (tools, logistics) can be taken into account. The costing thus reflects the level of know-how as well as known production parameters. Based on this information, other factors such as labour and machine rates and times can be determined in more detail. The software then helps users calculate the cycle times based on process-related parameters, such as the quantities of the materials used or the utilisation rate of a machine. Apart from calculating the costs of the in-house production steps, the manufacturing costs of suppliers can be analysed. In addition, the effect of changes to process-specific parameters on costs can be determined in a few simple steps.