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With target costing, you can create reliable cost comparisons at a detailed level that enable justification of discussions and decision-making. The advantage of the database-supported solution is that reliable product calculations and target cost derivations can be generated on assemblies and components level even at very early stages of product development. Internal and external benchmarks support this process. The solution combines all of the company’s cost information into one central database, which makes certain that all employees use the same basis. Through the state of the art integration technology you can easily reuse costing relevant data from SAP ERP systems. It reduces significantly the time to create accurate calculations for target costing. Teamcenter® product costing can be used for preliminary costing by all affected areas including cost engineering, procurement, finance and program management, in order to achieve a uniform standard for transparency, availability and reliability of the data.
Your benefits
With Teamcenter product costing, you can achieve significant cost reductions in target costing and increase the transparency of the cost trend and the adopted measures. The bottom-up cost calculation solutions for target costing provides a robust depth of detail and accurate cost transparency at a very early stage. Reliable best-practice calculations can be made with the valid benchmark data available in Teamcenter product costing. With Teamcenter product costing you can increase significantly the number of supported projects in the target costing process.
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