Identification of cost drivers
Early Estimation of Manufacturing Costs in Mechanical Engineering
Efficient product cost management to reduce manufacturing costs is a key success factor in mechanical engineering. FACTON EPC creates robust and comprehensible calculations that help enterprises win and retain new business.
In mechanical and plant engineering, the challenge of lot size 1 is well known. To generate cost advantages, companies rely on modularization: Using functional components that can be repeatedly assembled into a customer- or country-specific variants, series can be produced with a higher repetition rate at reduced process costs. Higher purchasing volumes at lower purchase prices, as well as reduced one-off costs and a higher proportion of common parts, are advantages that must be exploited.
FACTON EPC Content support estimators, cost engineers, value analysts, and product and manufacturing controllers by providing them with a comprehensive standard parts database along with comprehensive benchmark data and global cost information for evaluating new purchased and manufactured parts. Companies work with current material prices, specific machine data, wage data, and select from industry- and company-specific overhead costs for more than 2,000 regions worldwide.
Learn how Bühler Motor controls the cost of its electric drive solutions over the entire product lifecycle with FACTON EPC.
Learn more about active cost management with Enterprise Product Costing.
Understand costing structures and identify optimization potential.