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Life Cycle Product Costing – Ready for the future?

Cost Management deals with problems that require new operating models, processes, structures, and capabilities

All too often, cost reductions are a reaction to a specific market or management need, rather than a planned action.

 

As a result, risk exposure is increasing across all industries – fast! But established operating models are reaching their limits and can no longer deliver what is needed now and in the future.

 

We help you make cost management future-ready again.

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Race for Margin – TC’s Temperature Check

Sustainable cost reduction continues to dominate executive agendas. Yet, the degree to which these initiatives really deliver value varies strongly across sectors. The good news is: There is great potential for improvement for those at the lower end of the scale. If you are interested in learning more about how to identify an additional savings of between 10 and 33 percent or more – let’s talk.

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Crossfunctional Target Cost Management

For sufficient value capture, the whole organization needs to be on board for a stringent end-to-end cost management approach. Only this can guarantee that savings in one part of the value chain will not end up raising costs elsewhere. We know what makes the difference and help you build on our own unique best-practice experience and step-up your performance. Fast.

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Cost Engineering – Quo Vadis?

Given growing competitive pressure, Cost Engineering has been ramped-up across many sectors to create better cost transparency and structure a firm's approach to identifying and delivering additional savings potentials within shortest possible time. Many established operating models are no longer fit to purpose. The reason is clear: As business changes, Cost Engineering needs to change too.

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Next generation Cost Engineering

In recent years, the best practices-based “bottom-up” cost approach has become a vital tool to benchmark against a possible cost optimum. While it offers high accuracy, it consumes a lot of time and resources. We believe next-level costing will automate this analytic process — allowing an acceleration of decision-making processes and transforming roles and processes within Cost Management.

The next era in Cost Optimization. Wider. Better. Faster.

Tsetinis Consulting is the leading consultancy in cost optimization. We help you transform and redefine your company’s cost optimization capabilities.

We support you holistically with GAP identification, establishing sustainable embedded capabilities, and getting production costs back on track through operative project support.

Cost Management Temperature Benchmark

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Cost Management Temperature Benchmark

Our cost management maturity benchmark evaluates how you understand cost drivers and identify and implement savings in six dimensions (Strategy, Organization & Governance, Process, Tools, Skills, Cost Management).

Implementation of Target Cost Management

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Implementation of Target Cost Management

Target Cost Management with the right methods for cost influence, clear roles and responsibilities in cost management and interface to cost engineering. Making your Target Cost Management count – that’s our goal.

Implementation of Cost Engineering

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Implementation of Cost Engineering

Effective Cost Engineering uses different cost analysis and cost optimization methods. We support the implementation of expert functions, considering established tasks and roles of your organization.

Best Practice Cost Analysis

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Best Practice Cost Analysis

We conduct best practice Cost Analysis from components and modules to whole systems. We are a reliable partner that will support you in cost planning and realization for products, components, and services.

Cost and Value Capability Training

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Cost and Value Capability Training

Does your company possess the right Cost Engineering skills? We can support you with skill assessment and the continuous improvement of your capabilities through individual and/or standard training via Tsetinis’ Academy.

Examples of our work and methods – get your food for thought!

The following selection enables a deep dive into examples of our capabilities and offerings that can be leveraged across sectors and geographies.

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Food4Thoughts

Making next generation Cost Engineering real

Cost Engineering has become a key capability for many of the world's leading firms. Yet, in many cases current capabilities are no longer fit to support the changing business requirements. Let’s get ready for the future.

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Food4Thoughts

Center of Excellence Costing

Methods supporting a constructive conversation between functions, suppliers and cost experts are key to capturing value. See how we help to make the difference by using best-in-class methods.

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Case Study

Delivering Target Costing for a global Tier-1

Competition has been threatening margins of most firms for the last years. See how we help to make the difference by injecting best-in-class thinking on target costing to achieve sustainable competitive advantages.

Speak to an expert

Working with the most qualified Tsetinis Consultants is key to your success.

 

Speak with an expert in your industry who can help you move your company toward your specific goals. We implement our expertise in a very specific and targeted way and tailor the choice of methods to your individual requirements. In this way, we can ensure your long-term success.

 

Get started now!

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Oliver Briegel

Partner

Product Profitability Programs

Implementation of Cost Engineering / Cost Management

Product Costing


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Florian Roth

Partner

Product Profitability Programs

Implementation of Cost Engineering / Cost Management

Product Costing


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Alexander Klos

Senior Principal

Strategy & Innovation

Product Profitability Programs

Implementation of Cost / Value Engineering


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