“Target Costing @ Procurement” combines technical consultancy with commercial cost insights. Fed by hundreds of analysis in three dedicated Teardown Labs, our TC@P team uses proven cost modelling methodologies and tools as well as historic and predictive data on target costs to keep BuyIn at the cutting edge of procurement.
In cross-functional expert workshops, technology, marketing and procurement teams work together to identify disruptive approaches, which in turn will right-size the specification towards the optimum of cost/functionality (Design-to-Cost). Across the entire lifecycle of a deal (from design & specification phase to the final negotiation phase), the experts create transparency on cost per function in their target-cost-analysis and value-engineering reports.
Industry benchmarks also identify significant potentials to be fulfilled in the negotiations.