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Putting factory-based production in the spotlight
Are manufacturers prioritising investment in digital capability and Industry 4.0 technologies?
Is the clean energy supply chain ready for grid expansion?
With the government’s renewed focus on upgrading national infrastructure, clean energy providers must ensure their supply chains and processes are fully optimised ahead of any increased demand.
DfX – giving your new product innovation the X factor
When it comes to new product innovation (NPI), there’s no such thing as a one-size-fits-all approach and engineers often find that juggling different priorities leads to costly, late-stage design changes.
Using should cost modelling strategies to absorb rising costs
Should Cost modelling can accelerate cost savings, closing the cost gap that often exists between the business environment of months or even years ago, compared to that of today.
What should it cost? The role of good data
Should Cost modelling is a crucial practice in many industries. However, the key to successful Should Cost modelling is the availability and accuracy of good data.
Designing for X: Optimising costs and other strategic priorities
In this blog we delve into why employing DfX methodology is not just beneficial but critical for optimising costs during new product development projects.
Product cost management – a best practice approach
In today’s business environment, effective cost management is critical for sustaining profitability and competitiveness. We discuss some best practice approaches that can be taken to manage product costs.
The Bottom Line: Effective Methods for Decreasing Product Cost and Boosting Margins
We explain how analysing and challenging Could Cost and Should Cost elements using fact-based models, value engineering and benchmarking can help achieve Best Cost.
5 ways for manufacturers to accelerate decarbonisation
As climate targets approach manufacturers could be doing more to tackle Scope 2 emissions – resulting from the generation of purchased energy – and Scope 3 emissions – produced throughout the whole value chain.