The facts
Standard reporting systems are not adapted to manufacturing environment.
They make it difficult to know which products are really profitable, to identify areas of improvement and assess competitiveness.
Our solutions
Cost House will help you reconnect operations with accounting and reporting systems: we have developed simple user-friendly tools and templates to breakdown internal and external (suppliers, competitors, ...) costs and share critical information across your organization.
Our hands-on, multi-industry experience is the best guarantee for effective technical benchmark activities or quick, successful implementation of ABC (Activity Based Costing) in manufacturing environments.
Results
1. Costs
"Using Cost House cost breakdown tool we were able to measure impact of lot sizes and compare our suppliers' actual margins. We reduced the number of suppliers and reduced costs by 10% on given commodity"
2. Time
"The new metrics and dashboard allow to spot issues more quickly and shorten the decision making process. Machine utilization on floor increased by 10%"
3. Value
"A more realistic costing model allows to adapt pricing to customer value, increase sales and restore profit margins"
The facts
Operations now have a long experience using continuous improvement techniques. Yet the market and clients regularly require even more radical changes.
Our solutions
Thanks to their extensive experience in various industries, our consultants adapt proven techniques to your environment, so you don't have to adapt your environment to theories:
- Product design to Cost based on a 3 dimension approach (parts, functions, system)
- Optimization of capital investment projects cost and duration with Cost House's proprietary method "Invest to Cost"
- Industrial organization and process improvements, inventory control
- Reduction of manufacturing or development leadtimes with critical resources management tools
- Improvement of purchasing performance (processes, system view, supplier base rationale)
Results
1. Costs
Direct cost went down from $950 to $615
Line failure rate was reduced from 2,600 ppm to 700 ppm
2. Time
Maintenance program reduced from 110 days to 70 days with same resources
3. Value
New product design reduced cost by 25%, doubled lifetime and divided carbon footprint by 3
The facts
Communication between departments (R&D, process engineering, manufacturing, purchasing, finance, marketing, sales, ...) is limited and inefficient. They all have their own agendas and look for local optimums that have dramatic impacts on the rest of the organization. The global company's performance strategy is not shared.
Our solutions
Thanks to its extensive teaching experience with leading Universities, Cost House has created training modules well suited to train teams on performance improvement.
Cost House puts in place and organizes internal performance improvement teams in your organization.
Results
1. Costs
Trained 1,500 R&D engineers on performance techniques for major automobile manufacturer
2. Time
Management seminars and training on critical chain techniques
3. Value
"Thanks to Cost House training and support, we created an all new internal performance department in 6 months"
