Cost Engineering Consulting
We establish what a product, component or manufacturing process actually costs — based on material, process route, machine and labor rates, tooling, overheads and logistics, not on price history or generic benchmarks.
Cost engineering connects product design, manufacturing process and commercial cost. Our work starts from the part and the process, not from a spreadsheet template.
- Product Cost Engineering
- Manufacturing Cost Analysis
- Cost Breakdown Analysis
- Target Costing
- Cost Transparency
- Supplier Cost Analysis
What is Cost Engineering?
Cost engineering is the discipline of determining and controlling product cost through manufacturing knowledge. It links design decisions, process routes and supplier structures to a quantified cost model that can be discussed with engineering and procurement on equal terms.
Product & Manufacturing Cost Analysis
We model cost bottom-up along the actual process chain, using the parameters that drive it.
- Material grade, mass, yield and scrap
- Process route, cycle time and machine rates
- Labor content, staffing and line balancing
- Tooling, investment and amortization
- Overheads, logistics and margin
From Estimated Cost to True Cost
A calculated model is a hypothesis. We validate assumptions against real production environments — observed cycle times, machine utilisation, scrap and line balancing — and correct the model where reality differs from the calculation.
Supplier Cost Transparency
Quotations are broken down into their cost elements so that procurement and engineering can see which assumptions stand behind a price, and which do not hold against the manufacturing reality.
Manufacturing Process & Cycle Time Analysis
Machine economics, cycle time, setup, OEE, material consumption and line balancing are assessed on site. This is where cost models gain or lose credibility.
Cost Optimization Opportunities
Identified opportunities are quantified per part and per process — material, process route, tooling, assembly or supply structure — and tracked separately from implemented savings.
Discuss your cost challenge.
Start with a part, a process or a supplier quotation. We will tell you what can be modelled and what needs validation.