Product Cost Management

Product Cost Management

Increasingly stringent governmental regulations and personalized healthcare therapies around the globe are affecting delivery, costing, and quality control processes in the medical device industry. Our solutions help deliver a competitive advantage through an effective and sophisticated digital platform that integrates a world-class PLM and innovation program with precise costing tools.

Increasingly stringent governmental regulations and personalized healthcare therapies around the globe are affecting delivery, costing, and quality control processes in the medical device industry. Our solutions help deliver a competitive advantage through an effective and sophisticated digital platform that integrates a world-class PLM and innovation program with precise costing tools.

Product Cost Management

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Cost management is crucial for success in today’s medical device industry. Globalization, increased personalization, and market competitiveness require standardized cost methodologies and accurate costing data models to ensure precise estimation figures, transparent insight into costing processes, and easy access to accurate product cost information when evaluating change impact.

Siemens PLM Software offers an integrated and complete product cost management solution that combines the power of the leading global Innovation Platform with accurate, yet simplified, product and process cost management tools in one unified system. This enables product cost optimization and maximized margins. Our solution enables engineers to efficiently work within the proper context of the product lifecycle to obtain reliable cost estimates and achieve target costs, and thus profitable sales prices.

Product Cost Management
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