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Teamcenter Product Cost Management
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- Teamcenter Product Cost Management
What is Siemens Product Cost Management?
Siemens Product Cost Management (PCM) is a solution that enables product development organizations to manage, optimize, and predict the cost of their products throughout the product lifecycle. PCM is part of the Teamcenter portfolio of solutions and leverages the product data and processes managed by Teamcenter. PCM helps users achieve the following objectives:
- Align product cost with target cost and profitability goals: PCM helps users define and track cost targets for each product, component, and variant and compare them with the actual or estimated cost. PCM also helps users analyze the impact of cost on key performance indicators, such as margin, return on investment, and market share.
- Optimize product cost and value across the product lifecycle: PCM helps users identify and eliminate cost drivers and waste, and implement value engineering and design-to-cost principles. PCM also helps users optimize cost trade-offs between product attributes, such as quality, functionality, and sustainability.
- Predict product cost based on reliable and transparent data: PCM helps users estimate and simulate product cost based on various factors, such as materials, manufacturing processes, labor, overhead, and logistics. PCM also helps users create and maintain consistent and accurate cost models based on industry standards, best practices, and historical data.