The following topics will be covered:
- Reliably calculate quotes to increase the likelihood of achieving target margins
- Track and maintain program and engineering change profitability
- Optimize purchase prices through detailed “should cost” estimates
- Ensure profitable return on your new product introduction (NPI) programs and investments through cost transparency and fidelity
Brief Summary of Webinar:
If you’re making decisions related to new product introduction (NPI) strategies or deciding upon new order profitability, your plans need to be driven by predictive product program cost data. The challenge is to bring all the related cost, product, and production data together to make the right decisions at the right time, early in a product or program lifecycle to determine profitability.
This webinar will explain the process of product costing and simulation in a cross-functional environment, involving different roles in an organization such as program management, sales, product development, purchasing, cost engineering, finance and production. Which is necessary to improve costing efficiency, speed and accuracy.
About Presenter:
Prabhat Kumar has a total 20 years of experience across Product Design, Tool Design & Machine Design. He is a Siemens certified PLM Practitioner. Over the years he has rich experiences in PLM / Project Management and automation of Manufacturing Processes across India and South Asia. He has provided his services to very competitive and demanding US & European Automotive OEMs, Suppliers & Machine Tool Manufacturers. He has expertise in many areas that a manufacturing organization gets involved in.