FEV Consulting; Hand taps on screen; Future lab; the words Cost, Profitability and Customer Value are highlighted
FEV Consulting Cost and Value Management Preview Image Mobile
FEV Consulting; Hand taps on screen; Future lab; the words Cost, Profitability and Customer Value are highlighted
FEV Consulting Cost and Value Management Preview Image

Cost and Value Management

Enhance your business performance

Maximizing value and minimizing cost: we enhance your business performance!

 

Maximize your business potential

Unlock the full potential of your business with our cost and value management services. At FEV Consulting, we help you reduce costs, increase customer value, and optimize efficiency by applying industry benchmarks and best practices.


Stay ahead of the competition

Our comprehensive approach and knowledge of the latest technologies supports you to achieve your goals regarding cost and customer value to stay ahead of the competition. FEV Consulting’s services are tailored to meet the needs of each phase of product development.

 

FEV Consulting, Businessman sits at a table, a model car in front of him, a world map and various cost diagrams are displayed
FEV Consulting Cost Value Management Feature image
FEV Consulting, Businessman sits at a table, a model car in front of him, a world map and various cost diagrams are displayed
FEV Consulting Cost Value Management Feature image

Our services to optimize your profitability

Target costing

FEV Consulting can identify reasonable cost targets and improvement measures early in the development process. Based on customized technology roadmaps and our extensive benchmarking expertise, we can develop generic cost assessments – quickly and with robust results.

Cost engineering

Whether to support purchasing or to better understand competitive products: FEV Consulting makes the product cost structures transparent. Our bottom-up cost calculations provide valuable information on cost breakdown and cost drivers.

Design to value

FEV Consulting can identify the product specifications that will maximize your business potential. How do product features affect customer willingness to pay and product cost? What is a reasonable solution space for a product concept and specifications?

Cost reduction programs

FEV Consulting’s cross-functional team can develop strategies to reduce the cost of your products. Our goal is to identify ideas that are technically sound and feasible, but also meet sustainability and cost efficiency requirements.

Discover the benefits

FEV Consulting provides efficient and targeted support to help you focus on what matters most – your profitability! With our proven, yet flexible approaches to analyzing and optimizing costs and customer value, we have helped numerous clients achieve their goals.

In our comprehensive cost analysis, FEV delved into the intricacies of NMC and LFP battery packs. Beyond technical aspects like energy density, we meticulously compared costs across all variants. Our findings provide actionable insights and strategic recommendations for your next steps in battery development.

In an increasingly competitive market, our client is looking to improve the cost structure of its battery management systems (BMS). FEV Consulting’s comprehensive study dissects not only the client’s BMS, but also those of two competitors. From tear-down reports to granular cost analysis, we examine functions, features, and potential cost reduction strategies.

FEV specializes in developing comprehensive cost models to drive critical decisions for future production. Our capabilities include scenario calculations for different battery applications, multiple cell configurations and production locations. We analyze manufacturing costs across specific regions, compare boundary conditions, and consider essential location factors such as CO2 footprint and subsidies.

FEV Consulting collaborated closely with the client to develop an innovative stationary energy storage system. Our approach included targeted cost analysis, design workshops, and continuous cost forecasting. By identifying and evaluating cost reduction ideas, we achieved significant results for our client’s energy storage solution.

FEV conducted a comprehensive benchmark of four light commercial vehicles, focusing on cost reduction and design enhancements. Our structured approach included complete teardowns, interdisciplinary design-to-value workshops, and detailed analysis across key criteria. The result: 241 actionable cost reduction ideas, including technical impact, implementation effort, risk assessment, and variable savings potential.

FEV Consulting conducted a target cost analysis for DC/DC converters to help our client obtain better pricing from their suppliers. Our analysis covered the entire converter, as well as the key components, such as the housing, the power board, and the control board. We also performed a scenario analysis with different production volume assumptions to help our clients optimize their budget. Our project helped our clients gain more insight into the true cost of their DC/DC converters and improve their negotiation power.

Our client wanted to offer the best value proposition for their new powertrain. To do this, they needed to understand how much customers valued different aspects of vehicle performance. We conducted a comprehensive study that measured customer preferences and willingness to pay for each performance indicator. We identified customer segments and relevant ranges for each indicator. We crafted a customized questionnaire that translated technical specifications into customer-friendly questions. The data was used to generate willingness-to-pay curves for each indicator.

We helped our client design a cost-effective drive system for textile machines to conquer the Asian market. We generated and evaluated dozens of innovative ideas, considering various aspects such as power, efficiency, durability, and cost. We delivered the best solution that met the client’s expectations and budget.

Our client wanted to understand the cost structure of a benchmark engine in their industry. We conducted a comprehensive teardown and technical analysis of the engine, involving experts from different disciplines. We provided a detailed report with high quality images and cost breakdowns for each component and subcomponent. We also identified key cost drivers and proposed design solutions to reduce costs for a new generation of engines.

Our client was developing a new global family of tractors, but was challenged to meet cost targets. We supported them with a holistic cost reduction and value improvement tool that tracked and analyzed over 500 actions across 6 representative vehicles. We also facilitated weekly workshops with over 50 participants from across the organization, resulting in validated bottom-up cost estimates and significant value improvements.

Our value improvement workshop series transformed the development of a global tractor family, resulting in cost savings of over 20%. Using holistic cost reduction tools, bottom-up cost estimates, and weekly meetings, we defined, tracked, and analyzed over 500 actions and engaged over 50 participants across the organization.

Our interdisciplinary team of experts conducted a sprint of cost reduction workshops for a manufacturer of commercial electric vehicle charging stations. We identified and evaluated redesign, technology, manufacturing, and sourcing opportunities that resulted in significant cost savings. Our collaboration with the client’s team of experts led to the prioritization of key ideas and defined next steps.

FEV Consulting’s client embarked on the development of a new battery electric vehicle, with target costing and cost monitoring as crucial components to achieve their goals. Our approach included an initial cost estimation for the entire vehicle, a breakdown of cost forecasts to sub-systems, and consideration of different system specifications and equipment features. We ensured the success of the project through continuous refinement, monitoring and regular cost reduction loops.

The FEV Consulting team performed a cost estimate for a Class 8 HD truck electric motor and inverter, providing the client with a better understanding of fair market value, cost drivers, and competitiveness. Through a teardown and analysis of the electric motor and inverter, we provided target costs, technology competitiveness assessments, and recommended cost reduction ideas.

FEV Consulting conducted a should-cost analysis and identified more than 20 cost reduction ideas for a state-of-the-art high-voltage traction inverter, helping the client reach their target cost. Ideas were classified into quick wins, mid-term, and long-term, with a qualitative assessment of savings potential, implementation effort, and risk.

Our team conducted a target cost estimation and gap analysis for a global tier-1 automotive supplier’s new EDU portfolio. We provided detailed should-cost and market-optimized costing, design assessment, and recommended technology selection strategies for each subsystem, resulting in leading insights and cost optimization.

FEV Consulting optimized the design of agricultural sprayers to meet stringent cost reduction targets. Through pre-analysis, idea generation workshops, and structured investigations, we generated 261 cost reduction and value improvement ideas. 20 top ideas were selected for technical and economic detailing, resulting in significant savings for the customer.

Project Manager and Computer Science Engineer Talk while Using Big Screen Display and a Laptop, Showing Infrastructure Infographics Data. Telecommunications Company System Control and Monitoring Room.
Project Manager and Computer Science Engineer Talk while Using Big Screen Display and a Laptop, Showing Infrastructure Infographics Data. Telecommunications Company System Control and Monitoring Room.

Siemens teamcenter product cost management

FEV Consulting uses the costing software Siemens Teamcenter Product Cost Management (TCPCM) for our cost and value management. With its flexible bottom-up costing approach, including parametric and 3D-based costing, Siemens TCPCM allows us to optimize product costs in a holistic way. Advanced capabilities such as “What-if” simulation, cycle time calculators, and multi-dimensional master data, enable us to make informed decisions and achieve greater efficiency. At FEV Consulting, we are committed to delivering the best results for our clients, and Siemens TCPCM helps us do just that. The software supports us to provide customized and accurate cost analyses. Flexible export options enable us to share results that are tailored to our clients’ workflows.

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FEV Consulting Industrialization Mobile

Capabilities

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FEV Consulting Pfeil in Tealfarben
FEV Consulting Pfeil in Tealfarben
FEV Consulting Pfeil in Tealfarben
FEV Consulting Pfeil in Tealfarben

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