Teamcenter is an adaptable and robust Product Lifecycle Management (PLM) platform that supports the design and development of your products with strong product visualization and CAD data management features. Teamcenter’s open architecture can manage critical lifecycle data streams information including resource, process, plant, and product. By visualizing and collaborating on this associative data, the benefits of powerful workflow control, product variant, and change management functionality can be explored.
Other Advantages of Teamcenter include:
– Better production and less developmental time
– Easy and intuitive user interface
– Information-driven smart decisions
– Seamless collaboration with others
– Streamlined operations from concept to reality
– Flexible to adapt to multiple business changes and challenges
– Easy accessibility of PLM (anytime, anywhere)
– Standardized corporate data dictionary
It is one of the robust PLM technologies in the industry with strong CAD data management and product visualization features. This the reason why many global OEMs are using Teamcenter to manage their CADdesign data and visualize their products.
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Teamcenter Product Costing Management
Developing comprehensive cost knowledge across the entire value chain is crucial to make smarter product costing decisions. Many companies are still using traditional cost calculations methods; these methods typically do not provide enough details for a reliable cost analysis, which leads to costly mistakes.
Controlling product costing early in the product lifecycle through Teamcenter Product Costing Solution helps you avoid expensive engineering rework downstream mistakes. It enables you to analyze, simulate, and optimize the cost drivers in the product development to let you take the right decisions at the right time.
– Overhead costing:
By providing the bottom-up calculations, Teamcenter Product Costing Management solution helps in analyzing the cost of material, production cost, and process.
– Reference data for cost analysis:
This system helps you to increase the value proposition of your products by including the current database with reference data like materials, machines, and labor costs. This data assists you in making reliable make-or-buy, relocating, and global sourcing decisions.
Multiple departments of the organization, like cost engineering, controlling, purchasing, and sales can collaborate through Teamcenter to reap the maximum benefit.
– Target Costing:
Various aspects like assemblies, versions, what-if technical and business scenarios can be assessed accurately and quickly through Teamcenter. This software provides quantitative data on – how the commodity’s price fluctuation affects product prices? What changes will impact product design or labor costs? etc.
– Reliable cost estimates:
As a buyer, Teamcenter product costing can be used by you to conduct cost estimates on different commodities. This puts you in the upper-hand to negotiate on costs with the suppliers.
Cost engineers can view the impact of development-related changes on the product’s price throughout the process.
– Profitability calculation:
The profitability calculation functionality can break down annual costs, revenues and cash flows, which helps you in making better investment decisions.
Teamcenter Tool Costing Management
The increasing cost pressures in the field of molds and tools requires reliable cost management solutions. With shorter lifecycles and higher product inconsistency, there is a substantial rise in the share of tool costs relative to the total costs of a product line. Therefore, the tool cost is one of the critical focus points of cost management. The Teamcenter Tool Costing software helps you in managing tool expenses by creating accurate tool cost calculations in less time with detailed cost breakdowns. This will help you in getting reliable and transparent tool designs.
Teamcenter product and tool costing together can be integrated to see the interaction between different components and tool costs at different volumes. Teamcenter provides a fully integrated calculation solution.
Let us help you in getting consistent and reliable cost estimate solution!
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