mainnavlogo
Speak to an expert
  • There are no suggestions because the search field is empty.

FACTON EPC Design Costing: The Software for Target Cost-oriented Design

Direct cost feedback and simple costing methods

FACTON EPC Design Costing uncovers costs when they arise – as early as the development phase. FACTON EPC Design Costing shows you directly what impact design and production-related decisions such as materials or production sites have on costs. Once a target cost specification is set in the system, you can quickly uncover savings potential and easily evaluate alternatives.

Costing effort is kept to a minimum since all of the relevant data is entered into a standardized system. FACTON EPC Design Costing does not use complex cost accounting, thereby enabling developers and designers to create cost estimates and/or rough calculations. This is sufficient in order to create cost transparency and identify major deviations in target setting. The calculation structure is built on the basis of the engineering BOM.

Furthermore, FACTON EPC Design Costing has several integrations with other software like product lifecycle management or business analytics solutions (e.g., PTC Windchill/Navigate and Power BI). The following list shows, how different departments can collaborate by integrations to various softwares.

Project Manager

FACTON EPC

  • Is experienced in costing
  • Receives the E-BOM from engineering & does the costing in FACTON EPC  Design Costing
  • Sets cost targets & considers risks & opportunities in the calculation
  • Consistently uses company master data & own assumptions
  • Refines costing & documents costing history
  • Has to provide updated status on cost for the projects he’s working on
Project Manager
Start Video

Design Engineer

PTC Windchill/Navigate

  • Has to design a new part which is similar to an existing part
  • Uses PTC Model Search to find similar part & cost
  • Creates a new E-BOM based on existing part & applies changes
  • Pushes E-BOM to FACTON EPC  Design Costing for initial costing
  • Pulls cost information from FACTON EPC Design Costing to Windchill
Design Engineer
Start Video

Head of Development

Power BI

  • Demands monthly updates on current development projects from the project
    managers
  • Wants to know current cost, target achievement and evaluation of risks & opportunities
  • Has transparency of cost at any time by making use of modern BI dashboards and FACTON EPC Design Costing as the underlying source of cost information.
Head of Development
Start Video

Manage your costing with FACTON EPC Design Costing to enhance your profitability, flexibility and competitiveness.

You can find more information on Enterprise Product Costing (EPC) and the FACTON EPC Suite in our downloadable Resources

BEST PRACTICES

White Paper: Design Costing

Learn how design costing helps to ensure the profitability of a product or project in the early phase.

White Paper: Design Costing

Webinar on Demand: Early Identification of Cost Drivers - Integration of PLM and EPC

The webinar video shows the advantages of business intelligence solutions and how they are integrated into FACTON EPC.

Webinar on Demand: Early Identification of Cost Drivers - Integration of PLM and EPC

White Paper: Enterprise Product Costing (EPC)

EPC is a management concept for cross-departmental cost management and enhances the transparency of the cost situation.

White Paper: Enterprise Product Costing (EPC)