Identify cost reduction potentials

Objective

• Quantitative value analysis of an existing product range incl. competitive analyses
• Creation of cost reduction ideas and measure and quantification of cost reduction potentials

Approach

Structured approach to value analysis:

• Functional structure / costs / customer benefits
• Physical cost break-down incl. complexity cost assessment
• Competitive analysis / product clinic
• Develop, quantitatively evaluate and prioritize ideas / measures for cost reduction potentials

Results

• Detailed quantitative cost / benefit evaluation based on the given functional structure of the product line
• List of quantitatively evaluated ideas and measures for direct realizable cost reduction in the amount of approx. 19 %.
• List of further measures, for further cost reduction potentials