EHTC 2009

Product Cost Tracking and Analysis

Rocco Cappiello, Synopsis Consulting

The innovating skill and the capability to meet quickly Customer needs in different markets are more and more key factors because of the global dimensions and of the quickness required nowadays in the competitive context. One of the most tricky aspect is the management of product cost, all the lifecycle long, from the conceptual design to its maintenance phase.

The proposed approach supports all the phases of the Product Development, providing advanced and distinctive functionalities for the management of: target setting, cost tracking, cost reduction.

One of the main characteristic functionality is the capability to get available to the cross-product development platform team, product configurations with costs and weights; these will be presented not by the classic accounting view (that “builds” the costs of each manufacturing module through the assembling line), but accordingly to a view coherent with the process of management of the requirements, the specifications and the engineering activity, i.e. the product functional view, similar to the logic workflow for the product value proposition and estimation.

Analytics and dashboarding have the objective to give the managers the possibility to supervise the process of the product cost management by suitable dashboards on costs, quality, tooling investments, and synoptic outlook about the business performances and about the progress of the new product initiative or of the actions for modifications.

 

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