Product Cost Management

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.

Cost optimization is a top priority for CEOs, because sustainable, successful results require collaboration across departmental boundaries. TARGUS combines proven methods, technical expertise, and industry experience to drive measurable, sustainable results.

TARGUS works.

Customer testimonials

Product Cost Optimization: Finding the best solution yields exceptional results. But it takes an independent and cross-departmental view to define what “best” really is. 

Product Cost Optimization: Moving from good to great is achievable by challenging oneself across departmental borders. 

Product Cost Optimization – Sustainable change in work methodologies, grounded in hands-on experience, successes, and process integration. 

Your benefits at a glance - download our brochure

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.

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Services

Do you have any questions about our services?

TARGUS Management Consulting AG
Dechenstraße 7
40878 Ratingen
+49 (0) 21 02 – 94 22 66
info@targusmc.de

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Product structure management

Product cost optimization with tailored approaches