Ideas. Innovation. Value.

News

09.10.2018

Vierter RIVA Sundowner im Bayerischen Yacht-Club in Starnberg am 9. November 2018

Einladung zum vierten Sundowner im Bayerischen Yacht-Club in Starnberg

30.10.2017

NEU IM TEAM: Uwe Fritsch

Uwe Fritsch hat seine Kernkompetenzen im Bereich Operationsmanagement, Projekt/Programmanagement...

30.10.2017

Die aktuellen Trends im Innovationsmanagement

Interview mit Frank Wätzig, GF Riva Partners

01.06.2017

Agil Managen

In unserem Flyer rund um das Thema Agiles Managen beschreiben wir Grundlagen, Beispiele für...

22.03.2017

Dritter RIVA Sundowner im Bayerischen Yacht-Club in Starnberg am 5. Mai 2017

Einladung zum dritten Sundowner im Bayerischen Yacht-Club in Starnberg

Cost Engineering

Target of the project was to significantly reduce product costs by cost engineering methods like product-value-design and target-price-calculation as well as process optimization.

Initial Situation

  • A producer of gas lasers
  • Sales and profit declining
  • Measures to reduce material, staff and quality cost already started
  • Ideas available to reduce product cost, but not yet in implementation
  • Low in-house production depth

Targets

  • Cost reduction for
    • Material
    • Assembly process

Approach

  • Data analysis to identify cost drivers
    • Cost-Breakdown, ABC-Listing, suppliers, technology
  • product value design and target costing
    • generate ideas for cost down measures
    • combine ideas to feasible concepts
    • prioritisation of technical concepts
    • Evaluation and rating of concept by target costing

Results

  • Reduced material cost by 10%
  • Reduced assembly cost by 10%
  • Increased efficiency by 20% through implementation of 3 concepts (potential patentable inventions)