Product cost management as a driver for competitiveness
Companies today are confronted with many challenges. One of these is increased cost pressure, which e.g., arises due to intensified international competition. Issues such as material availability, increased product complexity due to supply chain requirements or CO2-footprint lead to multidimensional optimization problems.
Due to the diversity of the challenges, there is no one solution: customization is required. For this purpose, TARGUS has developed a proven toolbox with a large number of methods. Based on the specific goals and the customer-specific challenges, the most effective tools are selected, customized as needed, and applied as part of our project approach.
Our project approach is always specifically tailored to the customer’s specific needs, but some general project types that are used more frequently are presented here.
TARGUS stands for implementation strength, and sustainability of the results. For us, this not only means consistently driving the actions up to the implementation decision, but also ensuring lasting cost work via empowerment of your organization.
Our Services
Screening
Rapid Product Cost Assessment
Fast transparency of the maturity of product cost management is obtained with the help of the RPCA.
Optimization of mature products
Product Cost Optimization
With the help of the core cost approach, conscious design decisions are taken.
Product Value Optimization
An optimal set of features and pricing strategy ensure optimal profitability.
Multidimensional optimization
The overall profitability is optimized by taking into account other optimization variables such as costs for CO2-emissions.
Optimization in the development phase
Design-to-Cost
Achieving the target costs is ensured in the product development phase.
Design-to-Profitable Sustainability
Development of products optimized in terms of sustainability, costs, and customer value.
Optimization across products
Product portfolio optimization
Profitability is increased through improved cost transparency for the portfolio and active management of the portfolio.
Product Structure Management
Synergies between products are used to optimize the overall costs.
Other
Operating Model
Sustainable establishment of the methods and thought patterns in the company ensures long-term excellency.
Obsolescence management
Obsolescence management ensures manufacturability and a stable cost base.
PCM Toolbox
A variety of methods support product cost management.
