Should-Cost Analysis

Our should-cost services at Cyient help determine the product or component price based on the cost of raw material, manufacturing and other overheads. We have developed Microsoft Excel-based should-cost models for evaluating the cost to feature and cost to function of a given product or component. Our offering encompasses should-costing services across the product cost life cycle from design to supply chain. We implement both conventional techniques (such as time and material study, activity-based costing, etc.) as well as scientific methods (using tools like aPriori, DFMA, etc.) for performing should-cost analysis. We provide should-cost analysis in several areas:

  • Detailed analysis and reports for benchmarking
  • Should-cost information for different design iterations (design to cost)
  • Survey of alternate methods of manufacture using should-cost data
  • Fact-based negotiations support
  • Cost optimization based on should-cost models

How We Can Help

  • Developed in-house should-cost tools for various categories (sheet metal, weldment, etc.) and manufacturing processes
  • Knowledge of manufacturing processes and costing structures across various geographies for accurate should-cost modeling

Quick Facts

  • Team of over 50 core engineers with extensive domain expertise and average experience of over seven years in manufacturing cost engineering
  • Tools capabilities: DFMA, Boothroyd Dewhurst, aPriori, SEER, Costimator and MS Excel-based tools
  • In-depth knowledge of plastics, electronics, sheet metal, standard items, castings, injection molds, weld assemblies, hydraulics and electrical
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