Often referred to as Clean Sheet Costing or Should Costing, is a process whereby, our team studies components for dimensions, weight, material of construction, manufacturing processes and any coatings, finishes, paints or printing which might be applied on the part.
We then break up the costs in various heads, like raw material costs, tooling costs, process costs, labour costs and estimated profit margins and freight from vendors of these parts.
Our costing studies have helped procurement teams to take these costing sheets as a leverage and negotiate better prices from suppliers. These sheets also, help in understanding the distribution of value within parts. This allows design engineers to take effective decisions to optimise the design of the parts to make the overall product more profitable.
EV Consultancy