Aerospace & Defense
Innovation and collaborative, synchronized program management for new programs
Cyclical demand and high volatility in the trucking industry forces truck OEMs to develop new products and bring them to the market cost-efficiently. With an integrated product cost management solution that combines the power of a PLM platform with sophisticated product cost management tools, truckmakers can forecast and analyze target costs, best-cost-based purchase prices and profitable sales prices more efficiently.
Explore the key areas of this solution.
Accurately estimate costs of new or updated truck programs by analyzing and simulating direct material costs and manufacturing overhead of your products and variants.
Calculate relevant profitability indicators such as internal rate of return, net present value and payback periods. Compare truck programs to make the best investment decisions.
Run reliable cost calculations of purchased parts. Conduct cost structure negotiations and value engineering workshops with your truck part suppliers using accurate cost estimates.
Represent price structure of your complete truck program. Predict the impact of design-related changes on truck program price quickly. Choose the best manufacturing methods based on cost simulation.
React quicker to changes in your truck design, material selection and manufacturing processes by analyzing costing data that use BOM and 3D product data from the PLM system.
Truck manufacturers have to cope with market volatility and cyclical demand. Fleet owners are downsizing fleets and trying to optimize truckloads to compete successfully. This puts pressure on truckmakers to reduce product costs while developing trucks that can meet the varying needs of the market. To compete successfully and bring products to market efficiently, truck OEMs need standardized costing methods to determine accurate product cost estimates early in the product lifecycle.
Siemens 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. Our solution allows truckmakers to 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 product cost targets.
Integration with the PLM platform enables cost engineers to work within the context of the product lifecycle. Our solution enables truckmakers to obtain reliable cost estimates for target costs, best-cost-based purchase prices and profitable sales prices.