Ensure success in Procurement
with FACTON EPC Should Costing.
Procurement departments contribute significantly to profitability and corporate growth. For this contribution, it is necessary to be able to calculate increasingly more components in addition to the supplier comparison. With FACTON EPC Should Costing purchasers successfully implement their purchasing strategies. They efficiently prepare price analyses for purchased parts and conduct negotiations with suppliers on a reliable basis. The enterprise solution enables users to better identify cost-related risk factors in supply chains and develop negotiation strategies based on valid data.
With FACTON EPC Should Costing prices for purchased parts can be determined and analyzed transparently and at any time. Users recognize saving potentials, define target costs for cost drivers and efficiently implement measures for cost optimization in the distribution of tasks across locations and departments.
FACTON's purchasing solution offers reliable, external comparative data with integrated benchmark data. Users have direct access to a large amount of data records available on material, wage and overhead costs as well as machine data. Simulations and cost comparisons support the process of determining optimal costs.
Purchasing and procurement use company-wide available data with FACTON EPC. With digital cost models they are able to calculate complex manufacturing technologies independently. Users accelerate processes with the EPC solution, work consistently with profound data, achieve cost transparency and can conduct negotiations at a common level.
Read more about Enterprise Product Costing in procurement in our free white paper.
Find out how umlaut and FACTON can help companies to achieve price reductions of at least ten percent for individual components
Understand cost structures of suppliers and identify optimization potential.
Learn in the webinar video how Purchasing benefits from the FACTON EPC Cost Model Designer.
Read more about using the FACTON EPC Cost Model Designer in our EPC Should Costing solution.
The method you need to secure profitability.
Find out why Ford Motor Company chose FACTON EPC Should Costing for calculating purchased parts.
The webinar shows how cost engineers negotiate prices with suppliers on an equal footing.
Identify optimization potential, sharpen competitive edge.
Renault-Nissan uses FACTON’s EPC Should Costing solution for cost calculation of all purchased parts.