Essentra Components

Leading components manufacturer uses Teamcenter product cost management to reduce quote preparation time by 80 percent

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Essentra Components is a global leader in manufacturing and distributing plastic injection molded, vinyl dip molded, and metal items. The company has operating units in 29 countries and serves a broad industrial base of customers with a rapid supply of products for a variety of applications in industries such as equipment
manufacturing, automotive, fabrication, electronics, and construction. Essentra Components is organized into four global divisions: components, packaging, filters, and specialist components.

The company is focused on being a low-cost producer so they can secure revenue growth at attractive margins, and
facilitate continuous improvement programs with tight cost controls and productivity gains, serving to reduce
conversion costs.

What you get from this case study

Key to success:

  • Use Teamcenter product cost management to harmonize global quote and costing process
  • Develop an integrated and a consistent view of products and tool costs
  • Develop a better understanding of project profitability and the effects of uncertainty

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