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Competitive pressures and the drive to improve profits continue to challenge industrial manufacturers to find methods for reducing and managing costs.
To address this, industrial manufacturers and their large suppliers have been developing and executing cost reduction initiatives to reduce direct material spend.
Capabilities of the i2 solution for product cost analysis can include:
- Collaborative workspace and bill of material collaboration
- Target costing during the product development process
- Ability to analyze and optimize cost versus performance parameters for existing parts
Benefits of the i2 solution for product cost analysis can include:
- Improved accuracy of target costing during the product development process
- Reduced direct material costs by analyzing and optimizing cost versus performance parameters for existing parts
- Reduced material costs due to better volume leverage over reused parts
- Reduced number of engineering changes late in a program
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