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Target cost management during the development of a new series of machining centres
 
Brief:
A new generation of machining centres with dramatic cost targets has to be developed for large orders in the automotive industry while at the same time adhering to all the customer's specifications. Our client is a manufacturer of machining centres and interlinked production systems with worldwide operations.
 
Services:
- Adapt the ProWerk Cost Navigator to the brief.
- Perform value engineering on all components.
- Identify new suppliers.
- Incorporate suppliers into the development process at an early stage.
- Draw up suppliers' contracts.
- Incorporate assembly into the development process.
- Achieve permanent cost transparency with the costs navigator
- Support the project management.
 
Results:
Cost reductions amounting to 51% were achieved on the new machining centre compared to its predecessor. All deadlines were upheld. Application of the methods to the development of further machining centres.
 
Time period: 18 months
 
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