Industrial Equipment
Industrial equipment manufacturers are facing 3 main challenges. Control direct manufacturing costs, particularly with the evolution of raw material costs. Be in line with the requirements of your customers and manage the complexity & diversity of their requests. Be able to evolve rapidly with regulatory, environmental and technological changes, despite heavy R&D projects and processes.
Still, the era of industry 4.0 brings with it many opportunities through automation, digitization, or the integration of new maintenance services… For example, additive manufacturing is entering a mature phase that not only allows for a better response to requirements but also significantly reduces direct and indirect costs. Then, new materials and components appeared on the market that allows to have more added value while being competitive.
In order to capture these benefits, several levers can be activated. On the one hand, the entire cost reduction toolbox can be applied in order to save considerably in direct costs. The modular / platforming approach is to be used to reach customer needs while managing diversity and reducing development costs and lead times. Anticipating external factors and optimising R&D projects can give a step ahead of new competitors in emerging countries.
Kusting Advisory supports you in this way to:
- Optimize your direct product costs while integrating new services through redesign-to-cost
- Reduce significantly time-to-market and manage diversity by developing modular / platforming projects
- Optimize your R&D process and projects by better alignment with customer expectations and elimination of “non-added value” items