Cost Model Designer
Share knowledge and increase the quality of complex cost calculations.
The FACTON EPC Cost Model Designer is a model for a cost-based analysis of products. Users can digitize cost models and share them at the click of a button. Using the specific calculation guidelines in FACTON EPC Should Costing, users can quickly analyze complex manufacturing processes consistently throughout the entire enterprise.
The FACTON EPC Cost Model Designer (CMD) features a GUI that enables users to create specific enterprise-wide cost models in a few steps, without any programming skills. The ready-to-use calculation guidelines are available on the FACTON EPC platform and can be easily shared.
The CMD gives costing experts 24/7 access to specific enterprise-wide cost models, anywhere in the world. By querying simple parameters, users can create cost calculations for complex manufacturing technologies – even if they don’t have a technical background. Built-in production-relevant parameters – such as those from the model drawing – simplify cost calculations. The FACTON EPC solution takes the results from the parameter query and automatically generates a bill of materials (BOM), which the solution uses to derive costs.
The FACTON EPC Cost Model Designer tracks costing calculations centrally within the company. It seamlessly integrates costing guidelines with the existing FACTON EPC Should Costing solution and shares them with users throughout the enterprise. The solution delivers costing knowledge exactly where it is needed, giving users a solid basis for product costing.
Learn in the webinar video how Purchasing benefits from the FACTON EPC Cost Model Designer.
Learn more about using the EPC Cost Model Designer in our EPC Should Costing solution.
Read our white paper and learn how a consistent purchase price analysis can help you achieve the best prices for purchased parts.
Find out why Ford Motor Company chose FACTON EPC Should Costing for calculating purchased parts.