Knowing cost drivers - mastering cost estimates
Cost estimation: product development and optimization
When estimating costs, we distinguish between two important phases: the early development phase and the later optimization phase. Even in the early concept phase, we support you in calculating costs in order to create a solid basis for the success of the project. In the later phase, when it comes to optimizing and adapting existing products, we help you to avoid cost traps.
Quality and reliability for top companies
Use the right methods.
Design-to-Cost & Target-Costing
As experts in the field of cost estimation, we offer you comprehensive support in calculating your product costs. With the help of design-to-cost, we ensure that development costs are optimally planned right from the start. At the same time, we use target costing to ensure that the planned product costs meet market requirements and targets. Our services are designed to help you make the right decisions by providing accurate estimates for different target groups.
Design-To-Cost
Design-to-cost is an approach in which product costs are specifically controlled during the development phase to ensure that the product remains within the defined cost framework.
Target costing
Target costing is a method in which the target costs of a product are determined on the basis of the desired market price in order to ensure that the product is developed in line with costs and still achieves the profit targets.
Cost estimation - product development & product optimization
Experts use our software
Our in-house software provides access to an extensive market database containing all values that can influence product prices. This database enables us to make informed decisions and adjust your pricing strategy accordingly. With access to raw material prices, labor costs and other relevant factors, we help you to pursue your goals with precision.
Our software not only allows our experts to view existing values, but also to upload their own data and CAD drawings. This allows us to run through specific scenarios and analyze how changes will affect the overall costs. With the help of the software, we can develop alternative scenarios and optimization proposals.
Our software not only allows our experts to view existing values, but also to upload their own data and CAD drawings. This allows us to run through specific scenarios and analyze how changes will affect the overall costs. With the help of the software, we can develop alternative scenarios and optimization proposals.
"As a cost engineer, I have the opportunity to support innovative products from the early development phase through to optimization. With our specialized methodology and technology, we support our customers in planning costs effectively from the outset and optimizing them later in a targeted manner. In this way, we help them to discover hidden potential and sustainably increase their competitiveness on the market."
Patrick Diehm
Cost Engineer
