Product Cost Management – A Knowledge Based Approach to Optimizing Product Cost

Product Cost Management – A Knowledge Based Approach to Optimizing Product Cost explains how manufacturers can design products for optimal cost in order to improve profitability. The research shares interviews with three industrial manufacturers on the way they work with their supply chains to reduce cost using an analytical, fact-based methodology to drive out unnecessary

Product Cost a Priority? Not now, I’m Busy

I had an opportunity to share ideas and experience about product cost management and product profitability with Eric Hiller. Eric responded to my post on PLM and Product Cost Management (PCM) and we have shared some great dialogue following that. Eric has some great experience in this area and I asked him if he would

Survey Says … No Relief from Compliance and Sustainability Pressure

A quick peek into some research on … how companies design their products to meet product environmental compliance, sustainability, and product cost targets. The report, Understanding Product Development Trade-offs: Designing Products for Compliance, Cost, and Sustainability, discusses how engineers and product developers can address these important aspects of their products early in the product lifecycle