Cost engineering in purchasing
- a necessary method to ensure profitability
Proactive, targeted cost management is becoming increasingly important because businesses need to have a handle on their costs to successfully compete in the global market and achieve profitable growth. .
It is essential for all business divisions and locations
to perform costing based on the same data and methods in order to achieve transparent, comparable product costs.
Production changes and extensions require purchasing and cost engineering teams to quickly and flexibly compare and adjust prices. Today’s suppliers are also involved in preliminary planning of production workflows in order to represent cost factors long before production begins.
In this white paper you will learn...
- principles of cost controlling
- requirements for purchased parts analysis
- cost management in procurement
- practical example
- cost engineering as a component of enterprise product costing
To access the free white paper, please complete and submit the form on this page. The PDF will then open in your browser.
