Delivering cost transparency throughout the product lifecycle is must. When developing a new product, we need to be innovative and need to understand the market opportunity. You need to deliver a quality product, and the timing needs to be right. Perhaps most importantly, you need to be cost-conscious. No matter how great your product is, it cannot be successful without profitability.
For manufacturing companies, the most important consideration after product innovation and quality is how costs will affect their ability to compete in the global marketplace. Developing detailed cost knowledge and maximum transparency across the entire value chain is indispensable for achieving excellent product cost management. Teamcenter software product costing from PROLIM PLM Software enables you to make decisions in the early stages of the product lifecycle when you can have the greatest effect on costs.
Using our Teamcenter product costing, you can efficiently analyze costs to optimize resources. The knowledge provided with Teamcenter, such as machine rates, labor and burden costs, currency conversions, etc. provides a consistent costing standard that significantly increases the transparency, quality and efficiency of the company-wide costing processes. You gain a comprehensive understanding of processes and costs-to-cost estimators that help you optimize in-house manufactured and purchased parts.