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 manage the process of should-costing analysis for supplier parts as well as tools in procurement.
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 manage the process of should-costing analysis for supplier parts as well as tools in procurement.
Accelerating your transition to net-zero while operating profitably
The pressure is growing on manufacturing companies to respond to the threat of global warming. To meet the 2015 Paris Agreement’s global-warming cap, emissions must be reduced to reach net-zero by 2050. Manufacturing companies struggle to make trade-offs between driving down carbon dioxide equivalent (CO2e) emissions, reducing product costs and addressing customer value demands. But how can companies advance their carbon-reduction goals while operating profitably?
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.
Our integrated product cost management solution 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. Leveraging cost management through collaboration, knowledge sharing about outsourced added-value and a holistic approach of total product cost optimization. Connect and drives the OEM’s cost engineering activities by boosting efficiency and output to achieve higher cost savings and realize lower purchase prices for parts and tools.
By providing a common source of BOM information across your organization that is flexible and scalable, you can meet and exceed the market demand for more innovative and varied product offerings.
View the entire price structure in our solution for product costing, and cost engineers can see the impact of development-related changes on the price at any time to identify cost drivers earlier.
Run reliable cost estimates of supplier parts on different commodities (shadow calculations) to help in cost structure negotiations with suppliers to negotiate future target prices or purchase prices based on reliable cost details.
Cost engineers can use our solution to do shadow calculations as a plausibility check on the calculations of their suppliers. Extract costing information such as technology data, part descriptions or 3D-data to create cost calculations.
The parametric calculation solution for tool costing enables an optimum balance between accuracy and time-based calculation effort with precise tool calculations and transparent cost breakdowns in a short time frame.
Learn how automotive suppliers can use Teamcenter product cost management to do accurate quotation costing and lead effective customer negotiations.
Increasing profitability through early product cost transparency
Nonlinear performance pricing (NLPP) hot-spot analysis supports in analyzing supplier prices using a top-down approach.
Delivering cost transparency throughout the product lifecycle
