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Cost Engineers UK
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Cost Engineers UK
Home
Services
Insights
Case Studies
Software
Blog
Contact Us
More
  • Home
  • Services
  • Insights
  • Case Studies
  • Software
  • Blog
  • Contact Us
  • Home
  • Services
  • Insights
  • Case Studies
  • Software
  • Blog
  • Contact Us

SERVICES

Product Costing

Product Costing

Product Costing

'Should Cost' calculations for:

- Commodities: such as castings, stampings, injection mouldings, PCBAs. 

- Complex Products: such as vehicles, EV motors, washing machines, medical devices.

- Services: such as a contract to provide occupational health services. 


Calculations underpin business cases, target setting, and supplier negotiations—enabling informed decisions to manage and reduce costs effectively.


Design-to-Cost

Product Costing

Product Costing

Cost is often overlooked during R&D, leading to expensive designs that are hard to optimise later. Early decisions can lock in up to 80% of production costs. 

We partner with your design teams from the concept stage to make cost a key factor in design decisions, applying Value Engineering and other techniques to drive smarter choices — resulting in fully optimised costs.

Cost Reduction

Product Costing

Cost Reduction

We support clients during the mass production stage when cost pressures from customers or market dynamics threaten profitability. 

In today’s VUCA (Volatile, Uncertain, Complex, Ambiguous) environment, we help organizations identify and implement cost-reduction strategies that enable them not only to remain competitive but to survive and thrive.

Value Analysis and other techniques are applied. 

Supply Chain

Supply Chain

Supply Chain

We support the development of product supply chains by planning, executing, and optimising every stage of a product’s lifecycle. This includes identifying robust, competitive suppliers, sourcing at low cost, setting strong cost targets, and achieving them through fact-based negotiations.

Teardown

Supply Chain

Supply Chain

We dismantle complex products to their component level, uncovering cost-saving opportunities. Comparing competitor products through tear-down and costing provides actionable insights that drive product cost optimization. 

Make vs Buy

Supply Chain

Make vs Buy

We perform unbiased holistic make vs buy studies to ensure the final decision is correct for our clients. 

It starts with a definition of 'make,' i.e., what the client is good at or should protect from other companies.

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