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Cost Engineering

Cost Engineering

Across sectors, complexity and cost pressures are giving companies good reason to follow a more disciplined approach to finding savings. Pressure to do so comes from a variety of sources: margins in many sectors are being squeezed by Best-Cost players, while new business models create a strong incentive for companies to minimize their products’ through-life costs.

As your engineering services partner we can help you integrate cost engineering strategies across the value chain, optimising your product’s design, from functionality to assembly, controlling costs and enhancing value for development, production and supply chain.

Target Costing

  • Product benchmarking
  • Tear down analysis
  • Design to cost methodology
  • TCO analysis

Value Engineering

  • Function Vs. Cost analysis
  • Material substitution
  • Alternate manufacturing
  • Design for Manufacturing
  • Benchmarking
  • Re- Engineering
  • Make / Buy analysis

Negotiation

  • Negotiation fact pack
  • Purchase price variance
  • Purchase Intelligence
  • Contract Negotiation

Contract Negotiation

  • Raw material outlook
  • Spend analysis (Current Vs Future)

Redesigning the Operating Model may be one of the smartest investments that executives can make to achieve profitable growth!

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