Did you know that 80% of a product's cost along with the CO2e footprint are determined during the design stage? It's clear that designers, engineers, and purchasers are the best positioned to identify the factors that affect costs and emissions upfront. And that these costs are passed along the entire value stream of a product and have an impact throughout its entire life cycle. Using analytics to examine the cost and environmental footprint of a product at each stage of the development process is by far the best solution. It provides much greater transparency, enables smarter trade-offs, and provides informs stronger CO2e emissions strategies. Join us to learn more.
Overview
Calculating product costs and carbon footprint early in design is crucial. It helps make informed decisions that reduce costs, enhance sustainability, reduce risks, comply with regulations, and meet consumer expectations, resulting in more efficient delivery of new, innovative and more environmentally friendly products.
Designers and engineers must make informed decisions about materials, manufacturing processes, and components, aiming to reduce both costs and environmental impact of a product from the outset.
Learn how to design products for a targeted cost and carbon footprint with a calculation engine that helps you develop a cost structure based on engineering knowledge and integrated data content. With it, you can prepare preliminary cost and carbon footprint estimates for the entire product, despite the lack of detailed information (BOM, CAD) at the early stages of product development for cost and carbon footprint elements such as the cost and CO2e emission of production or tools.
Also, understanding supplier costs and carbon footprints is vital for cost optimization. Buyers and procurement officers can run reliable cost and CO2e emission estimates of supplier parts on different commodities. Based on these cost and CO2e emission calculations, equipment manufacturers can negotiate future target prices or purchase prices based on more reliable cost details.
Key Takeaways
- Accelerate product development with an integrated approach for cost and carbon emission management
- Learn how to perform what-if analyses to drive product cost and carbon footprint optimization along multiple dimensions
- Explore how to use upfront calculations as a basis for discussing and developing negotiation options with suppliers
- Respond on request for quotations with detailed and accurate cost and carbon footprint breakdowns
- Collaborate with cost engineering, procurement, manufacturing and sales in one application
- Learn how we help global companies reduce emissions along with costs
Speaker
After more than 15 years in software marketing, Maier has a track-record of expertise in marketing, branding, customer experience management and IT. She currently leads Product Marketing for the Teamcenter Product Cost Management solution, including the Teamcenter Carbon Footprint Calculator. Through the years, Maier has established the global marketing strategy, go-to-market plans and delivered first class customer experiences online and beyond, using innovative technologies. She has worked closely with several customers in publishing white papers, case studies and reference material across major industries such as automotive, industrial machinery and electronics.