Modern product teams are looking for data to better understand the total product performance from first designs. That’s why we’ve re-engineered costing with modern data technologies to bring together the financial and non-financial product performance in a single tool.
In Makersite Costing, parts in a BOM are linked to production chains with existing cost-models. As a result, cost estimates are taken down to minutes vs. offline calculations, that typically take weeks to complete.
Makersite decomposes costs across resource requirements and overheads of each production process in a supply network. Establishing a transparent baseline quickly helps analyze cost drivers, calculate target cost, and take action to protect margins.
Once models are created, they are automatically available for subsequent analyses. Through a live model of the product and its value-chain, changes are dynamically reflected in all derivative product models. Product models can be enriched by team members, staff or ext. consultants in real-time. That way your organization gets smarter, faster.
Product teams often lack the resources to accurately investigate the manufactured cost of the products they are designing. With a should cost model in place, engineering and procurement can work together in near-real time to understand the manufactured should cost as the product goes through the design cycle.
Cost, compliance, alternative materials or processes, environmental impacts etc. are all linked, and displayed throughout the value chain. With that, each team benefits from each other’s work.
Considering new suppliers? using new processes? Changing ingredients? By providing a live model of the product and its value-chain, changes are dynamically reflected in easy to understand scores and comparisons.
Engineering & Design, Procurement Professionals, Product Analysts, Controlling.
In Makersite’s Dynamic Should-Costing, parts in a BOM can be linked to production chains with existing cost-models. As a result, cost estimates are taken down to minutes vs. offline calculations, that typically take weeks to complete.
Makersite makes it easier to establish cost transparency, analyze cost drivers, calculate the target cost, and benefits from those insights.
Makersite combines data and algorithms to estimate should-cost for procured goods from BOMs and formulations.
Product costs can be viewed together with other other cost drivers, such as compliance risks, environmental impacts, and carbon costs. A local view of facilities in the supply chain can reveal social risks, such as human health risks.
Makersite makes it possible to securely publish, share, and license data.
Enrich your product profiles with data from many sources. Makersite takes into account how and where products are made, and what they are used for. That enables contextual comparisons between alternatives in seconds.
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