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%
- Reduction in interfaces 50%
- Increase in profitability 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