facton epc 8 should costing (english)
TRANSCRIPT
L E A D I N G I N E N T E R P R I S E P R O D U C T C O S T I N G | W W W . F A C T O N . C O M
FACTON EPC Should CostingOptimizing purchasing with Enterprise Product Costing (EPC)
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“Industrial enterprises need
FACTON EPC to make the right
decisions in global
competition.”
Prof. Dr. Bernd Gottschalk | CEO AutoValue GmbH |
Former President of the German Automotive
Association (VDA) | Former Daimler Board Member |
Chairman of the Board FACTON GmbH
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FACTON GmbH – Leading in Enterprise Product Costing (EPC)
Foundation: 1998
Locations: Potsdam, Dresden, Stuttgart,
Detroit (USA)
Main investor: Hasso Plattner
Market leader in Enterprise Product
Costing
An increasing number of international
users in the following industries Automotive
Aerospace
Mechanical Engineering
High-tech and Electronics
Overview Customer & employee development
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54
69
86
93
2227
35 36
57
64
72
80
2013 2014 2015 2016e
Employees (total) Employees (R&D) Customers
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Many international companies already control their product costs more efficiently with FACTON EPC
Brose | Eberspächer | +GF+ | FORD | HARMAN | HELLA |
LEONI | MAHLE | MANN + HUMMEL | PORSCHE | REHAU |
TE Connectivity | TI Automotive | Trelleborg Vibracoustic |
WOCO
Automotive
AIRBUS | Constellium | MTU | PAS | PFW | Premium Aerotec |
SAFRAN Aerospace
DEUTZ | HAUNI | HUMBEL | MBB Palfinger | WITTENSTEINMechanical
Engineering
Dyson | PHOENIX CONTACT | STEINEL | WeidmüllerHigh-tech and
Electronics
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TOP MANAGEMENT
Streamlined processes and targeted reporting facilitate effective enterprise management
Sound analyses and profitability calculations accelerate the decision-making process, thereby enhancing growth and profitability
CONTROLLING
Uniform standards
for calculation processes,
methods and data content
ENTERPRISE PRODUCT COSTING (EPC)Product cost transparency and management throughout the entire product life cycle
Calculation, analysis and optimization
of product costs and profits throughout the
entire product life cycle
Enterprise-wide integration
of departments and their data
Target cost-oriented design and manufacturing
concepts result in optimized costs
PRODUCT DEVELOPMENT
AND PRODUCTION
FACTON EPC enables standardized product costing throughout the entire product life cycle
PURCHASING
Cost and value analyses deliver sustainable
purchased parts optimization
Faster sales proposals with clear pricing
ensure profitability
SALES
ERPPLM
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Target-oriented value creation in procurement takes place in a complex business environment
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Different departments contribute to
value creation in procurement
Processes run enterprise wide in part
Each department has its own systems,
some of which are not integrated
A large amount of the relevant cost
information is contained in Excel files
The knowledge and experience of
individual experts determine the
success of cost optimization actions
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Conventional tools such as Excel do not provide a solution for purchased part
price analysis and prevent efficient cost management in procurement.
Challenges of efficient product cost management in procurement
Lack of transparent cost structures at suppliers
Lack of expertise regarding the manufacturing technologies used by suppliers
Lack of a database for useful benchmarks
Lack of knowledge of actual cost drivers
Lack of supplier integration in cost management
Lack of standardization in proposal management on the supplier side
Time and expenditure to prepare cost calculations drive the analysis volume and
thus the success of Should Costing.
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FACTON EPC 8 Should Costing for successful purchasing
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EPC 8 Should Costing
Standardized surcharge calculation
Action management
Target costing
Benchmark data
Cost models
Reporting
Offline capability
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FACTON EPC 8 Should Costing
~ 100 locations
~ 1,000 location factors
8 industries
~ 900 machines
~ 250 materials
~ 12,500 wages & social costs for 15
qualification levels
~ 29,000 overhead rates
Laser welding
MAG welding
Transfer pressing
Plastic injection molding
Machining
Die casting
PCB assembly
Benchmark data Cost models
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FACTON EPC 8 Should Costing
Setting targets at the calculation
level, finished part level, or
individual component level
Targets for sales prices and
manufacturing costs
Automatic variance analysis
between current and target costs
Definition of technical and commercial
actions for cost optimization within the
cost calculation
Control of action implementation based
on implementation levels and times
Transparent overview of current costs,
target costs, delta and the effects of
actions
Central definition of actions – catalogs
in the master data
Target costing Action management
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FACTON EPC 8 Should Costing
Integrated reporting for value analysis
and cost comparisons
Convenient export feature – to Excel,
PDF, etc.
Standard Microsoft technology
Powerful reporting
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FACTON EPC 8 Should Costing
Offline availability of cost calculations
and master data for on-site costing at
suppliers
Standardized cost component splitting
Surcharge calculation as a method
Costs are determined based on
reference date, location, company and
industry
Dynamic labor cost calculation
Dynamic machine hour rate calculation
All kinds of options for assigning tools,
systems and special direct costs
Offline capability Surcharge calculation
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And ultimately, considerably increase the success of negotiations through much broader expertise.
Added value of FACTON EPC Should Costing
With FACTON Should Costing, you can
Make supplier cost structures transparent and comparable
Perform a detailed assessment of the supplier cost structure based on benchmark data
Review and assess supplier production times using FACTON cost models
Agree on actions together with suppliers and track their impact
Increase the analysis volume through more efficient Should Costing
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Thank you!
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Contact
Email: [email protected]
Phone: +49 0331 - 400