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    Proactive cost management in the aerospace industry

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    COST TRANSPARENCY − the key to maintaining a competitive edge in the aerospace industry

    With FACTON EPC, aerospace companies can achieve full transparency and control over product costs despite increasing product complexity, rapid technological change and exposure to risk in development and manufacturing processes. This, in turn, enables them to make quick and informed decisions.

    Increasing competition in a globalized environment, shrinking budgets for defense and aerospace projects, and a growing backlog of commercial aircraft are just a few of the challenges facing the aerospace industry today.

    FACTON EPC helps aerospace companies respond more quickly and flexibly to these challenges while meeting rising customer demands and stricter regulation requirements.

    These challenges take on an entirely new dimension considering the fact that today’s aerospace industry develops and manufactures some of the most sophisticated products in the world. Aerospace products are not only extremely complex, they are also characterized by rapid technological innovation cycles, advanced new materials and new manufacturing processes. Developing and manufacturing these products involves uncertainties and risks in terms of costs, and EPC can help eliminate these uncertainties.

    Best Practices

    Case Study: PFW Aerospace

    PFW Aerospace uses FACTON EPC to increase its cost-effectiveness by covering the spectrum from design costing to post-calculation.

    Case Study: PFW Aerospace

    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