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The essential tool for more success

Cost analysis in your company

Especially in economically challenging times, companies throughout the complete industry face extreme competitive pressure. “We’ve always done it this way” is the worst possible approach. This is because costs are too often being incurred – and not just in gray areas – which can become entrenched, increase unrecognized and ultimately jeopardize the success of a company as a whole. Maximum efficiency is required – cost reduction is essential!

Rely on the following cost analysis tools

With COVALEX Consulting as your partner, you have an effective cost analysis tool in your toolbox to make your company (more) efficient for the future. By analyzing your costs, we can localize cost factors that are blocking your success in order to tackle and solve them consistently on the basis of the knowledge we gain. It is therefore worth analyzing costs long before they have an impact on your balance sheet.

The following services are offered by COVALEX:

  • Cost analyses for complex assemblies and individual components
  • Design-to-cost approach for early optimization of components (already in the development phase)
  • Cost analysis workshops – together with customers and suppliers
  • Development of standardized cost models for product families

Rely on the expertise and experience of COVALEX Consulting to use in-depth cost analyses for the success of your company.

Cost analysis

How your company benefits from cost analysis

Noticeable
positive impact

By cooperating with COVALEX Consulting, you will notice the difference after a short time: improved purchase prices will have a positive impact on your competitiveness. You have access to competent experts – even for complex assemblies and various production technologies. In addition, we improve the strategy of your purchasers through our external support in the context of negotiation preparation. Take full benefit from a massive service package for your company!

Effective practical process improvements

Of course, you can draw on our extensive knowledge in the cost analysis of complex assemblies and their individual components. To accomplish this, we contribute the experience we have built up over many years in the field of electric motor cost analysis, which we have successfully transferred to other industries on numerous occasions.

From the evaluation to the recommendation for action

The basis of our work is the identification of optimization potential in your company – including in the entire system. Only once it has been clearly identified where there is a “snag”, you can work with us to introduce decisive measures to optimize and reduce costs.
We do not limit ourselves to simply pointing out and presenting ideas. We also support you directly in implementing the necessary measures to increase the success of your company. This extends far beyond one-sided recommendations. COVALEX Consulting provides you with practical support. It is also possible to set up customer-specific standard cost models, which can be used to consider and minimize the effects of individual costs within the overall framework.

Contact us to identify, evaluate and reduce unnecessary cost factors together with us. You can be sure of our practical support during implementation.

  • Do you already see potential for cost optimisation in your company?

  • You do not know how to implement a tailored cost analysis?

  • Would you like to increase your profitability?

  • Are you looking for a tailored optimization Model Kit for your products and would you like to reduce your product costs at the same time?

  • Or would you just like to have an external feedback on your current portfolio to identify its strength and weaknesses?

Contact us



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    Background to the analysis of costs:

    In your interest, we pursue the direct goal of optimizing your cost structure in cost accounting. In order to get your costs under control as part of a comprehensive cost analysis, we use proven methods that we have developed in the cost analysis of electric motors. Cost drivers are identified. Depending on the requirements, however, the type of approach is usually very different. The cost analysis is never an “off-the-shelf” product. It always requires an individual type of cost analysis. Processes, costs, etc. are analyzed for each product and production process. There are different methods for reducing the costs of your products in the manufacturing process, for example.

    Take the time – together with us – to analyze your costs and cost drivers. We use strategic cost analysis to show you where there is potential to optimize your costs. Depending on the product, we take a look at the costs generated in order to check them accordingly. We then carry out our cost analysis for you with our non-operationally independent view from the outside. Depending on the challenges, we will show you an example here on our website of the method we have used to reduce our customers’ costs. Simply take a look at a cost analysis and optimization example of your choice to get an impression of how your costs can also be reduced.

    Address

    Vitusstr. 12, 96161 Gerach
    +49 151 / 4020 6213
    +49 9544 / 984 580-2
    info(at)covalex-consulting.com

    Insight into the Area of Expertise

    Cost analysis,
    Optimizing production processes,
    Production optimization,
    Localization of new company sites

    Quality

    Quality standard
    Covalex

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