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Design to Cost / Value Engineering

Product Cost Reduction

Increased procurement costs, lower margins, greater competitive pressure, missed target costs? There are many reasons why product costs are too high.

 

Do you want to reduce your product costs? Then rapp results is the right place for you. Here you will find a tailor-made offer ranging from simple product cost awareness training to a cost reduction workshop to cost reduction program management and the integration of product cost issues into the development process of your company.


The methods used have been successfully applied to new developments as well as existing products in various companies in the MedTech/Automation sector.

 

Product costs for successor products have been reduced by up to 70% and for existing products by up to 20%, while maintaining or improving quality.

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Image by Kelly Sikkema
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Product Cost Awareness Training

The Product Cost Awareness Training is a 2-hour training course for up to 12 people from different areas of your company. (Project managers, product managers, development engineers, procurement,
manufacturing, etc.)

The training sensitizes the participants to the importance of product costs for successful product development. It is explained when and how the product costs can be reduced and which are the most promising steps for this.

In addition, the need for interdisciplinary cooperation is addressed. 

The training also includes a concrete product example, which shows a systematic cost analysis.

Cost Reduction Workshops

The cost reduction workshops typically take place on site and are suitable for both existing products and new developments. The aim of the workshop is to minimize product costs without sacrificing quality.

A workshop usually consists of the following elements 
 

  • Preliminary meeting and ABC costs-analysis

  • 1 day Workshop (presentation of current product costs, determination of target costs, generation of ideas for cost reductions)

  • internal feasibility check by the customer's organization

  • 1-day workshop with risk analysis and prioritization of cost reduction ideas for implementation

  • final report

Sign up for a non-binding offer request

Image by ThisisEngineering RAEng
Image by Scott Graham

Cost reduction program management & integration into the development process

If required, rapp results will support or take over the role of your Cost Reduction Program Manager, ensuring the achievement of the desired results.

 

rapp results also offers consulting services to integrate cost issues into your product development process.

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