Product Cost Management

We identify areas with cost-saving potential for you, and develop best practice methods

In the development of the product and production equipment, our cost engineering team creates transparency and identifies cost-saving potential.

Development, purchasing and suppliers all acknowledge our competent and efficient cost analysis skills as being an important factor when designing cost-optimised products which will retain their competitive edge long-term.

EDAG has the integrated competence to handle the development of vehicles and production plants through to their realisation. By interlinking product and production in the engineering process, future manufacturing demands are already being taken into account at an early phase in vehicle development, in this way developing potential for the manufacturer.
Special significance is attached here to the early consideration of the total cost. On the basis of component and production technologies, our Product Cost Management team calculates production costs with value benefit analyses in the component and production cost minimisation phase, and works out the most reasonably priced solutions.

To secure your success, our experts draw up bottom-up calculations based on detailed work schedules for your products/components. As well as applying our expertise in the handling of development costs and investments for tools and equipment, we draw on our databased knowledge of machine-hour rates, material and labour costs.
This basic knowledge enables us to carry out ongoing costing throughout the development phase, and also to work out target prices with cost-cutting potential for purchase price negotiations.
In the process, our system-supported method of calculation provides quick, highly efficient access to database information and reference components.

• Ongoing costing throughout the development phase
• Cost benchmarking of competitors' products
• Target costing with identification of cost-optimising potential
• Preparation of negotiations
• Implementation of potential with supplier
• Calculation of development costs
• Calculation of prices of parts
• Calculation of investments for tools / production facilities
• Labour cost database
• Machine-hour rate database
• Material costs
• Consideration of various production processes

Your partner for more information on Product Cost Management:

Oliver Quell
Client Manager
Tel.:  +49 661 6000-9050
Email