A typical challenge in the industry are regular discrepancies between the technical and financial predictions made during the quotation phase and the actual costs that later emerge when designing and manufacturing components.
Competitive component costs are of considerable importance in the aerospace supply industry for the completion of existing contracts as well as pitches for new orders. Changes in component costs to the detriment of a supplier can seriously call into question any price estimates and the relative success of a component. Keeping tight control of recurring costs is another success factor for suppliers.
In order to examine component costs and identify potential savings, Ingenics analyzes the relevant areas of purchasing as well as internal value creation and logistics, identifying cost reduction measures which are then implemented in collaboration with the client to ensure continued stability in the future. Furthermore, the development and design process is optimized in terms of target costing (design-to-cost approach).
The client benefits from potential reduced costs as well as an established early warning process that tracks component costs and their trends, evaluating deviations and signaling possible courses of action.
Component margins are greater as a result, thus ensuring that offers and orders remain competitive in the future. An associated operational excellence management program guarantees that these cost advantages also apply for future developments.
Ingenics offers its services as a professional sparring partner to companies in the aerospace supply industry, helping them to address the issues mentioned above in a cooperative manner. The consultants at Ingenics have extensive industry experience and a wide knowledge of methods, all of which allows them to tailor their services to suit the demands of individual client projects.