Case No 1

Determination of manufacturing costs: life science industry

Initial situation
Insufficient knowledge of manufacturing costs for optimum pricing strategy

Improvement

  • Transparency of manufacturing costs 98% 98%
  • Reduction in interfaces 50% 50%
  • Increase in profitability 30% 30%

Procedure

  • Creation of the cost estimate, including the required templates and databases
  • Training of the “analysts” in workshops
  • Information managers, employees and works
  • Perform analysis and evaluation of all process steps for around 1000 articles
  • Evaluation and coordination of the results with controlling, presentation of results, agreement measures, implementation
  • Process improvements (profitability forecasting)
  • Consideration of article model for quotation or pricing
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