Manufacturing costs. A wealth of opportunities to save.
Material costs account for up to 80% of manufacturing costs
As part of a cost reduction project it is important not just to optimise the production processes but also reduce costs of materials. Value analysis allows us to reduce the costs of materials and production for existing products. It can even lead to efficient cost savings for new products – through production-oriented design and target costing. We base our value analyses on EN12973.
- During the preparation phase we set targets, select products, assemble interdisciplinary teams, analyse data and procure competitor products.
- The workshop participants then perform functional and cost analysis and compare competitors.
- Once brainstorming and clustering have been completed, we define the responsible officers and deadlines.
- Stringent project management supervises the successful implementation of the project and the development of the opportunities.