{"id":7338,"date":"2023-08-13T18:38:59","date_gmt":"2023-08-13T16:38:59","guid":{"rendered":"https:\/\/stage.kbc-consultants.com\/praxisbeispiele\/product-cost-optimisation\/"},"modified":"2023-08-13T18:38:59","modified_gmt":"2023-08-13T16:38:59","slug":"product-cost-optimisation","status":"publish","type":"f4_portfolio","link":"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/","title":{"rendered":"Product cost optimisation"},"content":{"rendered":"\n<p class=\"is-style-tagline\"><strong>Project Example<\/strong><\/p>\n\n\n\n<h1 class=\"wp-block-heading is-style-h1\">Product cost optimisation<\/h1>\n\n\n\n<p class=\"is-style-p-large\">Product cost optimisation is a significant lever for permanently securing one\u2019s own market position and for creating room to manoeuvre for current corporate challenges, be it for the covering of increasing investment needs associated with digitisation, for example, or for the sustainable reduction of costs in economically difficult times. For highly complex products with a correspondingly complex structure as regards costs and product requirements, such as in the automotive industry, a company-wide approach is needed in order to identify and implement potentials. In the process, not only new products, but also existing products are examined very closely.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-1024x576.jpg\" alt=\"\" class=\"wp-image-2942\" srcset=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-1024x576.jpg 1024w, https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-300x169.jpg 300w, https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-690x388.jpg 690w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading is-style-h3\"><strong><strong>Background<\/strong><\/strong><\/h2>\n\n\n\n<p>How can the increasing cost pressure be countered? Due to the overall increase in our customer\u2019s expenses on the overall business and product sides, an initiative was launched to increase the existing product cost optimisation activities many times over and to realise an ambitiously defined goal of annual cost savings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading is-style-h3\"><strong>Specific assignment<\/strong><\/h2>\n\n\n\n<p>Initialisation and accompaniment of the implementation of a product cost optimisation programme.<\/p>\n\n\n\n<h2 class=\"wp-block-heading is-style-h3\"><strong>KBC approach<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>Cooperation model<\/strong><\/p>\n\n\n\n<p>After identifying the right cost levers and installing cross-functional teams to find ideas, the initialisation phase focused on the development of a common cooperation model with uniform guidelines, decision-making processes and clearly defined responsibilities. This phase focused on:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>fast decision-making processes<\/li>\n\n\n\n<li>clearly defined transfer points to secure the implementation of the ideas<\/li>\n<\/ul>\n\n\n\n<p>The management and overall coordination of the cross-functional teams was one of the main complexity drivers of the initiative.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>Goals<\/strong><\/p>\n\n\n\n<p>Another essential building block for the success of product cost programmes is a stringent and comprehensible goal derivation and agreement. Comprehensive cost transparency is important for this in order to create a holistic, coherent goal system. Success factors in this phase were:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>comprehensible goal derivation to increase acceptance<\/li>\n\n\n\n<li>establishment of the goal set across all functions and areas (including company-wide functions) to guarantee a universal commitment<\/li>\n<\/ul>\n\n\n\n<p>The initialisation phase was rounded off by the definition of a coordinated set of values and a communication strategy in order to consolidate the importance for the employees, both in the initiative and in the entire company, and to make the content transparent.<\/p>\n<\/div>\n<\/div>\n\n\n\n<p><strong>Idea generation &amp; implementation<\/strong><\/p>\n\n\n\n<p>The operational phase focused on generating and implementing cost measures in order to achieve the ambitious goal of the overall initiative. A wide range of methods were used here: from supplier workshops to cost analyses to product benchmarks, the right method of generating and evaluating ideas was selected.<\/p>\n\n\n\n<p>As already mentioned, a rapid decision-making process is an important success factor at this stage in order to move the ideas quickly from evaluation to implementation. In addition to a uniform evaluation standard and good decision preparation, it is important to ensure adequate timing of top management bodies. This timing must be instilled into the organisation by lean action tracking in order to ensure rapid processing progress and to prevent ideas from being discarded at an early stage \u2013 every idea counts!<\/p>\n\n\n\n<div  class=\" f4-block-team-single-teaser-kbc alignfull is-layout-constrained type-large alignfull alignleft has-background has-tertiary-background-color\"   >\n\n    <div class=\"team-single__wrapper\">\n        <div class=\"block-media\">\n            <div class=\"team_member  align--left\"><div class=\"team_member__image\"><div class=\"f4_img--adaptive team-single-image\" ><div class=\"f4_img-container f4_img--mobile square\" ><img width=\"700\" height=\"700\" src=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-700x700.png\" class=\"attachment-square size-square\" alt=\"M\u00e4nnliche Person, graue Haare, blaue Augen mit Brille, l\u00e4chelnd, tr\u00e4gt ein wei\u00dfes Hemd und dunkelblauen Anzug, braune Schuhe, stehend mit der linken Hand in der Hosentasche und der rechten Hand angewinkelt vor dem Oberk\u00f6per\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-700x700.png 700w, https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-150x150.png 150w, https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-300x300.png 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/div><div class=\"f4_img-container f4_img--desktop square\" ><img width=\"700\" height=\"700\" src=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-700x700.png\" class=\"attachment-square size-square\" alt=\"M\u00e4nnliche Person, graue Haare, blaue Augen mit Brille, l\u00e4chelnd, tr\u00e4gt ein wei\u00dfes Hemd und dunkelblauen Anzug, braune Schuhe, stehend mit der linken Hand in der Hosentasche und der rechten Hand angewinkelt vor dem Oberk\u00f6per\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-700x700.png 700w, https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-150x150.png 150w, https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/Jakob_le-Claire-300x300.png 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/div><\/div><\/div><div class=\"team_member__copy\"><div class=\"team_member__title\">Jakob le Claire<\/div><div class=\"team_member__jobtitle\">Senior Partner<\/div><ul class=\"team_contact_links\"><li class=\"wp-block-button has-icon icon--email-default\"><a class=\"wp-block-button__link\" title=\"j.le.claire@kbc-consultants.com\" href=\"mailto:j.le.claire@kbc-consultants.com\" target=\"_blank\" rel=\"noreferrer\" itemprop=\"sameAs\"><\/a><\/li><li class=\"wp-block-button has-icon icon--phone-default\"><a class=\"wp-block-button__link\" title=\"+49 151 148 472 20\" href=\"tel:+4915114847220\" target=\"_blank\" rel=\"noreferrer\" itemprop=\"sameAs\"><\/a><\/li><\/ul><\/div><\/div>        <\/div>\n\n\n\n        <div class=\"block-inner\">\n            <div class=\"content-wrapper\">\n\n                <div class=\"acf-innerblocks-container\">\n\n<h2 class=\"wp-block-heading\"><strong>Achieved Effect<\/strong><\/h2>\n\n\n\n<p>Think lean, creatively and holistically: with the support of KBC, you can successfully implement a product cost optimisation programme tailored to your needs.<\/p>\n\n<\/div>            <\/div>\n        <\/div>\n    <\/div>\n\n<\/div>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Product cost optimisation is a significant lever for permanently securing one\u2019s own market position and for creating room to manoeuvre for current corporate challenges, be it for the covering of increasing investment needs associated with digitisation, for example, or for the sustainable reduction of costs in economically difficult times. For highly complex products with a correspondingly complex structure as regards costs and product requirements, such as in the automotive industry, a company-wide approach is needed in order to identify and implement potentials. In the process, not only new products, but also existing products are examined very closely.<\/p>\n<p>Background<\/p>\n<p>How can the increasing cost pressure be countered? Due to the overall increase in our customer\u2019s expenses on the overall business and product sides, an initiative was launched to increase the existing product cost optimisation activities many times over and to realise an ambitiously defined goal of annual cost savings.<\/p>\n<p>Specific assignment<\/p>\n<p>Initialisation and accompaniment of the implementation of a product cost optimisation programme.<\/p>\n<p>KBC approach<\/p>\n<p>Cooperation model<\/p>\n<p>After identifying the right cost levers and installing cross-functional teams to find ideas, the initialisation phase focused on the development of a common cooperation model with uniform guidelines, decision-making processes and clearly defined responsibilities. This phase focused on:<\/p>\n<p>fast decision-making processes<\/p>\n<p>clearly defined transfer points to secure the implementation of the ideas<\/p>\n<p>The management and overall coordination of the cross-functional teams was one of the main complexity drivers of the initiative.<\/p>\n<p>Goals<\/p>\n<p>Another essential building block for the success of product cost programmes is a stringent and comprehensible goal derivation and agreement. Comprehensive cost transparency is important for this in order to create a holistic, coherent goal system. Success factors in this phase were:<\/p>\n<p>comprehensible goal derivation to increase acceptance<\/p>\n<p>establishment of the goal set across all functions and areas (including company-wide functions) to guarantee a universal commitment<\/p>\n<p>The initialisation phase was rounded off by the definition of a coordinated set of values and a communication strategy in order to consolidate the importance for the employees, both in the initiative and in the entire company, and to make the content transparent.<\/p>\n<p>Idea generation &amp; implementation<\/p>\n<p>The operational phase focused on generating and implementing cost measures in order to achieve the ambitious goal of the overall initiative. A wide range of methods were used here: from supplier workshops to cost analyses to product benchmarks, the right method of generating and evaluating ideas was selected.<\/p>\n<p>As already mentioned, a rapid decision-making process is an important success factor at this stage in order to move the ideas quickly from evaluation to implementation. In addition to a uniform evaluation standard and good decision preparation, it is important to ensure adequate timing of top management bodies. This timing must be instilled into the organisation by lean action tracking in order to ensure rapid processing progress and to prevent ideas from being discarded at an early stage \u2013 every idea counts!<\/p>\n<p>Achieved Effect<\/p>\n<p>Think lean, creatively and holistically: with the support of KBC, you can successfully implement a product cost optimisation programme tailored to your needs.<\/p>\n<p>Praxisbeispiele<\/p>\n<p>Content Related Teaser Praxisbeispiele<\/p>\n<p>INSIGHTS<\/p>\n<p>&nbsp;<\/p>\n<p>Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore.<\/p>\n<p>Insights<\/p>\n<p>Werkshalle sticht Stilles K\u00e4mmerlein<\/p>\n","protected":false},"featured_media":7339,"template":"","f4_portfolio_taxonomy":[93],"class_list":["post-7338","f4_portfolio","type-f4_portfolio","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Product cost optimisation - KBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Product cost optimisation - KBC\" \/>\n<meta property=\"og:description\" content=\"Product cost optimisation is a significant lever for permanently securing one\u2019s own market position and for creating room to manoeuvre for current corporate challenges, be it for the covering of increasing investment needs associated with digitisation, for example, or for the sustainable reduction of costs in economically difficult times. For highly complex products with a correspondingly complex structure as regards costs and product requirements, such as in the automotive industry, a company-wide approach is needed in order to identify and implement potentials. In the process, not only new products, but also existing products are examined very closely.    Background  How can the increasing cost pressure be countered? Due to the overall increase in our customer\u2019s expenses on the overall business and product sides, an initiative was launched to increase the existing product cost optimisation activities many times over and to realise an ambitiously defined goal of annual cost savings.  Specific assignment  Initialisation and accompaniment of the implementation of a product cost optimisation programme.  KBC approach   Cooperation model  After identifying the right cost levers and installing cross-functional teams to find ideas, the initialisation phase focused on the development of a common cooperation model with uniform guidelines, decision-making processes and clearly defined responsibilities. This phase focused on:   fast decision-making processes  clearly defined transfer points to secure the implementation of the ideas   The management and overall coordination of the cross-functional teams was one of the main complexity drivers of the initiative.   Goals  Another essential building block for the success of product cost programmes is a stringent and comprehensible goal derivation and agreement. Comprehensive cost transparency is important for this in order to create a holistic, coherent goal system. Success factors in this phase were:   comprehensible goal derivation to increase acceptance  establishment of the goal set across all functions and areas (including company-wide functions) to guarantee a universal commitment   The initialisation phase was rounded off by the definition of a coordinated set of values and a communication strategy in order to consolidate the importance for the employees, both in the initiative and in the entire company, and to make the content transparent.   Idea generation &amp; implementation  The operational phase focused on generating and implementing cost measures in order to achieve the ambitious goal of the overall initiative. A wide range of methods were used here: from supplier workshops to cost analyses to product benchmarks, the right method of generating and evaluating ideas was selected.  As already mentioned, a rapid decision-making process is an important success factor at this stage in order to move the ideas quickly from evaluation to implementation. In addition to a uniform evaluation standard and good decision preparation, it is important to ensure adequate timing of top management bodies. This timing must be instilled into the organisation by lean action tracking in order to ensure rapid processing progress and to prevent ideas from being discarded at an early stage \u2013 every idea counts!   Achieved Effect  Think lean, creatively and holistically: with the support of KBC, you can successfully implement a product cost optimisation programme tailored to your needs.     Praxisbeispiele  Content Related Teaser Praxisbeispiele   INSIGHTS    &nbsp;  Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore.     Insights  Werkshalle sticht Stilles K\u00e4mmerlein\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/\" \/>\n<meta property=\"og:site_name\" content=\"KBC\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-1024x576.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/\",\"url\":\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/\",\"name\":\"Product cost optimisation - KBC\",\"isPartOf\":{\"@id\":\"https:\/\/kbc-consultants.com\/us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-scaled.jpg\",\"datePublished\":\"2023-08-13T16:38:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/kbc-consultants.com\/us\/praxisbeispiele\/product-cost-optimisation\/#primaryimage\",\"url\":\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-scaled.jpg\",\"contentUrl\":\"https:\/\/kbc-consultants.com\/wp-content\/uploads\/2023\/08\/iStock-808157766-scaled.jpg\",\"width\":5760,\"height\":3240,\"caption\":\"System Security Specialist Working at System Control Center. 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For highly complex products with a correspondingly complex structure as regards costs and product requirements, such as in the automotive industry, a company-wide approach is needed in order to identify and implement potentials. In the process, not only new products, but also existing products are examined very closely.    Background  How can the increasing cost pressure be countered? Due to the overall increase in our customer\u2019s expenses on the overall business and product sides, an initiative was launched to increase the existing product cost optimisation activities many times over and to realise an ambitiously defined goal of annual cost savings.  Specific assignment  Initialisation and accompaniment of the implementation of a product cost optimisation programme.  KBC approach   Cooperation model  After identifying the right cost levers and installing cross-functional teams to find ideas, the initialisation phase focused on the development of a common cooperation model with uniform guidelines, decision-making processes and clearly defined responsibilities. This phase focused on:   fast decision-making processes  clearly defined transfer points to secure the implementation of the ideas   The management and overall coordination of the cross-functional teams was one of the main complexity drivers of the initiative.   Goals  Another essential building block for the success of product cost programmes is a stringent and comprehensible goal derivation and agreement. Comprehensive cost transparency is important for this in order to create a holistic, coherent goal system. Success factors in this phase were:   comprehensible goal derivation to increase acceptance  establishment of the goal set across all functions and areas (including company-wide functions) to guarantee a universal commitment   The initialisation phase was rounded off by the definition of a coordinated set of values and a communication strategy in order to consolidate the importance for the employees, both in the initiative and in the entire company, and to make the content transparent.   Idea generation &amp; implementation  The operational phase focused on generating and implementing cost measures in order to achieve the ambitious goal of the overall initiative. A wide range of methods were used here: from supplier workshops to cost analyses to product benchmarks, the right method of generating and evaluating ideas was selected.  As already mentioned, a rapid decision-making process is an important success factor at this stage in order to move the ideas quickly from evaluation to implementation. In addition to a uniform evaluation standard and good decision preparation, it is important to ensure adequate timing of top management bodies. This timing must be instilled into the organisation by lean action tracking in order to ensure rapid processing progress and to prevent ideas from being discarded at an early stage \u2013 every idea counts!   Achieved Effect  Think lean, creatively and holistically: with the support of KBC, you can successfully implement a product cost optimisation programme tailored to your needs.     Praxisbeispiele  Content Related Teaser Praxisbeispiele   INSIGHTS    &nbsp;  Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. 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