Webinar: 20th of March @11AM - Practical Guide to Product Cost Benchmarking for Competitive Advantage
Annual cost savings through optimized pricing strategies.
Optimized cost structure through strategic pricing adjustment
Total savings achieved by applying cost optimizations across the project
Projected value of the project over its lifetime
Multinational engineering company specializing in designing, manufacturing, and supplying advanced systems and components. The customer is in the aerospace, automotive and other industries.
During an RFQ process, a client’s internal cost estimate was 30% above the OEM’s target. The goal was to create a competitive, profitable quote to win the RFQ and apply the findings to improve profitability across similar products.
Tset’s approach begins with gathering technical and economic assumptions to create ideal-state (BPG) product cost simulations, enabling a precise delta analysis against the client’s current estimates. These simulations are then refined (BPB) by incorporating the client’s supply chain constraints. Through detailed analyses of these deltas, Tset identifies specific cost measures for RFQs and broader organisational improvements, addressing the gap between ideal and actual conditions.
To continue reading about Tset's approach, download the full case study for free below.
Learn how Tset’s data-driven approach enabled exceptional savings and improved pricing strategies.
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