Home » Concepts » Product Cost Management
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.
Fast transparency of the maturity of product cost management is obtained with the help of the RPCA.
With the help of the core cost approach, conscious design decisions are taken.
An optimal set of features and pricing strategy ensure optimal profitability.
The overall profitability is optimized by taking into account other optimization variables such as costs for CO2-emissions.
Achieving the target costs is ensured in the product development phase.
Profitability is increased through improved cost transparency for the portfolio and active management of the portfolio.
Synergies between products are used to optimize the overall costs.
Sustainable establishment of the methods and thought patterns in the company ensures long-term excellency.
Obsolescence management ensures manufacturability and a stable cost base.
A variety of methods support product cost management.
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