FACTON EPC Cost Model Designer

The FACTON EPC Cost Model Designer (CMD) is a separate module for the FACTON EPC Platform. Cost experts use the Designer to create company-specific cost models via a graphical user interface without the need for programming language.

The FACTON EPC Cost Model Designer prepares cost models in just a few steps:

  1. The cost-relevant parameters for the component to be manufactured is determined.
  2. The conditions for cost accounting parameters are defined.
  3. The BoM structure is specified.

The advantage: Users do not need to build a BoM in order to initiate the calculation. They simply enter the relevant parameters in the summary. The cost model computes the values and prepares a BoM based on the specifications in the model. This provides a clear view of the costs of components, manufacturing steps and material usage.

Quickly and Reliably Analyze Costs using a Solid Database

The FACTON EPC Cost Model Designer helps enterprises standardize their own set of costing rules. The level of standardization remains the same because costing knowledge and specifications are seamlessly integrated in the existing FACTON EPC solution.

Businesses can expand the FACTON EPC solution with their own, in-house knowledge. The iterative costing process is supported because it is no longer necessary to prepare and recompute the cost calculation over and over again. Entering a few key parameters is enough to quickly and reliably analyze costs using a solid database.

Advantages at a glance:

  • Efficiency: Costing knowledge is consistently shared with the costing team throughout the enterprise without any breaks in media using the platform-based FACTON EPC solution.
  • Transparency: Cost accountants can use the automatically generated BoM to benefit from a high degree of cost transparency, which in turn will help them quickly analyze and identify cost drivers.
  • Standardization: Calculations outside of the company’s own set of rules are prohibited and the costing processes – including compliance – are implemented consistently throughout the enterprise.
  • Acceptance: A familiar, easy-to-use interface increases user acceptance of cost models. Even non-technical users are able to take advantage of the ad hoc analysis of manufacturing processes.

User Interface

The user interface of the FACTON EPC CMD resembles the FACTON EPC Should Costing.

Further Information ► FACTON EPC Cost Model Designer