Wire harness manufacturers need timely costing details to produce accurate wire harness cost estimations. To gain timely financial information, an automated costing tool is key. Discover what costing tools can digitally transform your processes for the better.
To maximize profitability, harness manufacturers must competitively price their products, but to do so entails working through tight timescales and evolving variables like copper prices. To conquer this developmental uncertainty and drive down wire harness cost estimations, manufacturers should implement a purpose-built, cloud-based solution that automates the costing regime and delivers accurate financial figures in minutes.
Discover what costing tools can digitally transform your processes for the better by accessing this white paper. To automate harness costing, manufacturers can use one of three approaches:
- In-house: Created by internal teams who use data sources, costing, price elements and engineering data descriptions to produce a costing tool
- Standard-compliant: Ether built in-house or comes as a deviation of a commercial off-the-shelf provider
- Commercial off-the-shelf (COTS): Comes from a provider and offers an innate advantage in that it’s designed, tested, supported, and built on industry best practices
Wire harness manufacturers need timely costing details to produce accurate wire harness cost estimations. To gain timely financial information, an automated costing tool is key: as a design and its associated inputs evolve, so too will the cost estimation as it dynamically updates to keep pace with any changes. An automated costing tool, therefore, eliminates any misquotes or errors, helping manufacturers maintain and even increase profitability.
Your download is sponsored by Siemens Digital Industries Software.
