Agile Product Cost Management enables companies to manage product costs across the product lifecycle and make informed sourcing decisions early on, synchronizing product cost intelligence and processes across design, sourcing, manufacturing and supplier tiers.
Agile Product Cost Management helps companies reduce material costs and gain control over all sourcing processes by providing:
- Linkage to the most current product record, throughout the product lifecycle
- Collaborative team-based, BOM-based RFx, time-phased product cost management
- Visibility and analysis of extended supply chain “co-sourcing” procurement leverage
- A robust, reusable knowledge management repository of material and non-material cost data
- Measurement of actual vs. target costs and margin goals, across a product’s lifecycle
Agile Analytics Framework™
Provides a rich decision support platform for deploying enterprise-class reporting, intelligence and analytics to enable multi-dimensional analysis of historical cost and sourcing data. Sourcing teams are able to model and analyze forward-looking product scenarios, aimed at maximizing profitability and reducing supply chain risks throughout the product lifecycle.
Agile Contract Management™
Delivers comprehensive visibility of direct material price and terms information, which is shared across multi-enterprise business processes. Best practice workflow enables global organizations to proactively manage the change, approval and closed-loop communication of relevant price and terms across both internal and external stakeholders. Together, these capabilities give companies the multi-tier visibility and version control they need to eliminate risk and lost savings at every stage of the product lifecycle.
Agile Design Analytics™
Agile Design Analytics provides a rich decision support platform, which enables engineers to select the right components for new products, eliminating delays due to component shortages, component quality problems, supplier issues, and the inability to obtain the selected components. Deploying a design analytics solution ensures that products are designed right to market, enabling design teams to make informed business decisions based on product quality, supply, cost and manufacturability.
Agile Product Sourcing™
Extends the product record to provide leverage and visibility to critical cost information across all key stakeholders. Analyzing risks and costing a product accurately involves collaborative input from design teams, suppliers, contract manufacturers and sourcing (commodity/product) teams.
Product sourcing streamlines, enhances, and simplifies these processes, allowing companies to effectively collaborate with suppliers, gather and assess new material and non-material total costs, and analyze the data to make more informed sourcing awards.
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