Explanations

As your “hands-on” partner, we develop customized solutions for your company and your problems. We do not rely on general “blueprints” – instead, we focus on your product and your corporate philosophy. Moreover, we attach great importance to the fact that you can implement further projects independently after our projects. Our “do it yourself” approach is designed to empower you and not make you dependent on us.

1) Cost Analysis for Various Technologies

Especially in times of big economic challenges, precise cost analyses are crucial for the competitiveness of our customers.

Common supplier cost analysis workshops offer a proven method for determining direct and indirect costs. These workshops enable transparent communication between companies and suppliers in order to understand cost structures and jointly look for ways to reduce costs. Not only raw material and manufacturing costs, but also supply chain processes and logistics are considered in our workshops.

The combination of cost analysis and CO2 footprint calculation (Scope 1-3) opens up a new holistic approach for product optimization. It is increasingly important to our customers to determine and improve the ecological impact of their products at an early stage. Our Covalex approach combines classic cost analysis with sustainability assessment.

Through our long-term experience in the field of cost analysis for complex assemblies from the electric motor environment, we are able to penetrate complex assemblies and analyze them in a structured manner. Our extensive knowledge of 40 individual manufacturing and assembly technologies helps us to do this.

Using standardized cost models, we enable our customers to evaluate the future costs of similar components more efficiently.

2) 3rd Party cost verification

Our unique approach for independent cost verification, also known as “3rd Party Costs Validation”, offers both suppliers and customers (in a classic customer-supplier relationship) significant added value. For suppliers, it means transparency and trust, as a neutral third party independently validates the cost objects. Sensitive cost information does not have to be presented to the customer and internal expertise is protected. Customers gain increased security as they can ensure that the costs are transparent, accurate and in line with the agreed conditions. Conflict avoidance, increased efficiency and the ability to focus resources on strategic aspects make Independent Cost Verification a valuable tool for an effective and harmonious business relationship.

3) Model Kit optimization

As part of the development phase, we work with our customers to optimize products in order to ensure cost-efficient production later on. In doing so, we develop standardized cost models for the single components and for the complex end product. We place a strong focus on the compatibility of product and production process model kits. By constantly evaluating the costs in the respective development steps, we ensure the cost-effectiveness of these modules.

4) Concept your
cost analysis

Would you like to establish effective cost analysis in your company?  We can help you – in addition to train your employees to gain a deeper understanding of the principles and methods of cost analysis, we also support you in creating clear cost analysis structures.

At the same time, we set up standardized cost models for specific components. These models not only serve the purpose of comparability, but also increase the efficiency of your employees in their daily work.

A methodical integration of the cost analysis into your organizational unit is essential. We work with you to develop a customized approach that reflects your needs.

  • 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?

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