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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.
You can find more information on Enterprise Product Costing (EPC) and the FACTON EPC Suite in our downloadable Resources.
Learn how design costing helps to ensure the profitability of a product or project in the early phase.
The webinar video shows the advantages of business intelligence solutions and how they are integrated into FACTON EPC.
EPC is a management concept for cross-departmental cost management and enhances the transparency of the cost situation.