A proven track record in cost engineering
Our team has meticulously analyzed over 75,000 components and invested more than 80,000 hours in cost estimation. This hands-on approach has equipped us with a deep understanding of cost drivers across diverse industries and regions.
How we can help
Our detailed cost analytics and reporting systems help you understand the true cost structure of your products, identify cost drivers, and implement cost control measures. Using our analytics tools and methodologies, we enable you to gain insights into your cost data and make data-driven decisions.
Negotiate better supplier prices
Our comprehensive life-cycle costing services cover all phases of an application’s life, from design to after-sales support, ensuring accurate budgeting and cost management.
Our “should costing” analysis evaluates the ideal costs for an application or component based on:
- Materials
- Manufacturing
- Overheads
The result helps identify savings and negotiate better supplier prices.
Identify the most cost-effective solutions
Our Value Analysis and Value Engineering (VA/VE) services optimize product design and manufacturing processes to reduce costs – without compromising quality or functionality, and often improving both.
DeltaCostingTM compares the cost differences between design alternatives or changes in manufacturing processes. This helps identify the most cost-effective solutions.
Streamline and cut costs
Our rationalization and standardization services streamline components and processes, reducing complexity, enhancing efficiency, and cutting costs. This involves assessing current parts and procedures, eliminating redundancies, and implementing standardized solutions.
Consistency matters
We adhere to rigorous KPIs and SLAs to ensure timely and accurate delivery of our costing services. Our performance metrics include:
- Turnaround time
- Quality of cost estimates
- Cost optimization activities