For the best quality at the lowest price in procurement
FACTON EPC Should Costing enables Purchasing Managers, Cost Engineers and Buying/Purchasing Agents to successfully implement their purchasing strategies: The detailed purchase part price analysis creates a secure basis for negotiations with suppliers. In addition, FACTON EPC Content supports the purchasing process with integrated external benchmark data.
Using the detailed purchase part price analysis in FACTON EPC Should Costing, purchasing and cost engineering departments can quickly and easily determine what a purchased part may cost and how a change in specification affects the price. This creates a secure basis for negotiations with suppliers and
In the EPC system, purchased and standard parts
With FACTON EPC Content, purchasing departments and procurement management have access to validated and external benchmark figures, including charges and data of locations, machines, and materials, standard components, and overheads. This information can be used for a number of purposes:
By combining the FACTON calculation tool with FACTON benchmark data, companies and their purchasing departments are in a position to implement a proactive cost management system.
Understand costing structures and identify optimization potential.
The method you need to secure profitability.
Identify optimization potential, sharpen competitive edge.