Skip to Content

Product Cost Management for Automotive OEMs

Regulatory pressures, changing consumer preference and intense competition in the automotive industry are putting pressure on OEMs to optimize product costs. With an integrated product cost management solution that combines the power of a PLM platform with sophisticated product cost management tools, automakers can forecast and analyze target costs, best cost-based purchase prices and profitable sales prices more efficiently.

more >

Product Cost Management for Automotive OEMs

Regulatory pressures, changing consumer preference and intense competition in the automotive industry are putting pressure on OEMs to optimize product costs. With an integrated product cost management solution that combines the power of a PLM platform with sophisticated product cost management tools, automakers can forecast and analyze target costs, best cost-based purchase prices and profitable sales prices more efficiently.

On-Demand Webinar

Uncover significant cost savings with cost engineering for purchased parts and tools

We invite you to participate to our webinar where we will show you how you can accurately analyze the cost of supplier parts and tools in a cross-functional costing process.

Register Now

Solution Capabilities

Explore the key areas of this solution.

Learn More

Product Cost Management for Automotive OEMs
OEM Product Cost Management for Automotive OEMs
Product Cost Management for Automotive OEMs

Regulatory requirements related to fleet-wide emissions reduction, along with newer safety-related mandatory features, are adding significant costs for automakers. OEMs need cost-effective ways to fulfill their product development and manufacturing priorities to bring these new solutions to market. Changing consumer preference and intense competition in the industry is also creating pressure to optimize product costs. Controlling development costs and prices are critical in determining how successful an automaker will be with its products in today’s competitive global market.

Siemens PLM Software offers an integrated product cost management solution that combines the power of the world’s leading global PLM platform with sophisticated product cost management tools all in one system. 

Automakers can implement standardized costing methods and analyze accurate estimates of product costs. The knowledge of cost drivers and how engineering changes affect the estimates are critical in realizing automotive program costs targets. Integration with the PLM platform enables cost engineers to work within the context of the product lifecycle. Automakers can now obtain reliable cost estimates regarding target costs, best cost-based purchase prices and profitable sales prices.

Less More
OEM Product Cost Management for Automotive OEMs
Product Cost Management for Automotive OEMs

Related Resources

Teamcenter Product Costing

Delivering cost transparency throughout the product lifecycle

Fact Sheet

Tech-Clarity Insight: Product Cost Management

A knowledge-based approach to optimizing product cost

Whitepaper

Teamcenter Tool Costing

More transparency for tool costs

Fact Sheet
Teamcenter Product Cost Management

Teamcenter Product Cost Management

Increase profitability through early product cost transparency

Video
Close Video