Design-to-Cost
Do you operate in a highly competitive landscape that challenges you to stay profitable, manage costs, and generate cash flow?
Challenges in today's industries
The Macro environment that many of our customers operate under is brutal.
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Global competition is fierce
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Move to sustainability and manufacturing e-friendly products is straining product cost efficiencies
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Keeping pace with the 6-12 month new competitive model releases is challenging product costs
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Adapting correct cost orchestration to economies of scale, cheaper markets, AI and robotics is challenging
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Manufacturing is highly sensitive to volatility in the economy
These change drivers in the highly complex macro environment create two pains that manufacture wrestle with today
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Enormous strain on costs, profitability, and cash flow to stay competitive.
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Urgency to resolve and adjust quickly or risk extinction or acquisition.
Traditional cost management and engineering are not enough in this highly complex and challenging environment. It requires a more holistic approach what we call the Cost Orchestration Discipline. The 4 corner stones of cost orchestration are ACPE - Assess, Create, Plan, and Execute. The key to success is doing this quickly and efficiently. Read more below what options you have to solve this and how ET can advise.
Challenges in today's industries
The Macro environment that many of our customers operate under is brutal.
-
Global competition is fierce
-
Move to sustainability and manufacturing e-friendly products is straining product cost efficiencies
-
Keeping pace with the 6-12 month new competitive model releases is challenging product costs
-
Adapting correct cost orchestration to economies of scale, cheaper markets, AI and robotics is challenging
-
Manufacturing is highly sensitive to volatility in the economy
These change drivers in the highly complex macro environment create two pains that manufacture wrestle with today
-
Enormous strain on costs, profitability, and cash flow to stay competitive.
-
Urgency to resolve and adjust quickly or risk extinction or acquisition.
Traditional cost management and engineering are not enough in this highly complex and challenging environment. It requires a more holistic approach what we call the Cost Orchestration Discipline. The 4 corner stones of cost orchestration are ACPE - Assess, Create, Plan, and Execute. The key to success is doing this quickly and efficiently. Read more below what options you have to solve this and how ET can advise.
WEBINAR
AI & Supplier Insights: Building Resilience & Opportunity
In 2021, procurement teams must find ways to optimize category costs, drive innovation, raise resilience and embrace sustainability. To protect business health and market share, supplier competition is critical. Yet many still struggle to identify optimal supply markets, and so access innovation or cost opportunities.
JOIN CLASS-LEADING COMPANIES
Cost Orchestration Discipline
Cost Orchestration is key to staying competitive in today’s disruptive world. Innovation and orchestrating costs are two key factors to stay competitive in manufacturing. Product Cost Management is more important than ever.
The challenge you often face is that there are only a few in your organization that can orchestrate product costs. They often lack the bandwidth to be involved in multiple cost projects or programs. This results in that either big product cost saving is left unaddressed or you are forced to send less qualified teams to orchestrate these product cost projects which increase the risk of low profitability and ultimately extinction if not addressed over time.
Cost Orchestration discipline increases your chances to manage product cost projects with less investment and increased profitability. This will be even more important given the current challenging economic landscape. Companies will need to downsize teams and cut investments whilst still under pressure to grow top-line profitability.
ET ADVISORY
ARTICLE
New partnership targets global enterprise B2B companies across industries including automotive and discrete manufacturing.
scoutbee is excited to announce a partnership with ET Advisory, a consulting firm with enormous experience and success with Cost Orchestration. The collaboration combines the holistic cost management approach of ET Advisory with scoutbee’s AI-driven technology, and will equip Nordic organizations to turn complex procurement challenges into opportunities.
PLM/Cost Management: A Hot Solution That Can Save from $10,000's to over $10 million
A PLM-related stand-alone solution which can save from tens of thousands of dollars to over $10 million—is this really possible?
"Absolutely," says seasoned PLM expert Tony Bergström, CEO of ET Advisory, who has a long history of experience in this area. He has teamed up with Mats Bergkvist, a cost management specialist with many years of domain experience, and founded ET Advisory. The mission is to market and sell a software from Siemens: the stand-alone solution, Teamcenter Product Cost Management (TcPCM). An advantage is that TcPCM works in virtually any of the big industrial PLM environments where other solutions—such as those from Dassault Systèmes or PTC—are already installed.
scoutbee partners with ET Advisory to accelerate sourcing digitalization in the Nordics
Our strength in Cost Orchestration is built around a systematic approach as we know that Product Cost Management is something that will grow over time once its implemented and new areas will be considered constantly. With this knowledge in mind we have developed our ACPE methodology that takes a systematic approach that balances organization, processes, and methodologies with the optimal software solution to close the cost trap.
Some of our customers
