Tag Archives: Cost Models

The role of value analysis and value engineering in electronics equipment manufacturing

Value analysis and value engineering, often times condensed to VA/VE, can be applied to a wide range of electronics markets and industries, including consumer electronics, industrial electronics, medical electronics, and aerospace and defense electronics. These methodologies can be particularly beneficial …
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How electronics equipment manufacturers can reduce cost to manufacture

Electronics equipment manufacturers have a number of options when interested in reducing the cost of manufacturing their products. Some of these include: Contract electronics outsourcing equipment manufacturing programs, certain manufacturing processes or assemblies and sub-assemblies, or components to countries with …
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Pros and cons of standalone vs systems integrated costing modelers for contract electronics equipment manufacturing

When considering cost modelers for manufacturing, are you looking for a standalone solution or do you want to integrate value analysis and value engineering capabilities with other systems like SAP, Oracle, QED, to name a few? Decision-making for purchasing a …
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The most expensive value-add services in electronics equipment contract manufacturing

Expensive value-add service when manufacturing electronics equipment can vary depending on the specific product and industry. However, some examples of value-add services that can be costly include: Custom design and engineering: This can include the development of specialized hardware or …
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Which electronics markets typically have higher value-add costs for manufacturing?

The electronics market that has the highest value-add cost for manufacturers can vary depending on several factors such as the product type, the industry and the specific company. However, some examples of markets that generally have high value-add costs for …
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How to get lowest components bill-of-materials (BOM) price with product cost modeling

“How can we make cost modeling decisions and budget forecasts for our programs based on lowest costs for components and materials on our BOM?” This question usually comes from purchasing and commodity managers. Material costs can make up sixty to …
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How to know if you get best component pricing for your contract electronics manufacturing BOM

Contract electronics providers will will say you got best pricing for components. See if this is true. Here’s how.
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Effective request-for-quote (RFQ) process for contract electronics manufacturing

Total landed cost matters. Any significant impact on manufacturing profitability can result in many outcomes, including missing quarterly forecasts, declining stock price, layoffs, and closure.
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Manufacturing playbook: The standard in EMS manufacturing sourcing costs and price discovery

Electronics OEM companies identify internal EMS manufacturing costs and target cost reductions and savings for their EMS manufacturing programs using our cost modelers. Every cost modeler user has emphasized how thorough and comprehensive our cost modelers are in helping OEM …
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How electronic OEM equipment firms use tight manufacturing systems when sourcing EMS services

Electronic OEM managers remove feelings and subjectivity from EMS manufacturing sourcing decisions.
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