Product Costing Should Costing

Praxien has engaged with oil and gas, power generation, and mining companies over the years.

Should Costing:

• Estimated optimized cost for any Product or component.
• Cost optimization based on Should-Cost models.
• Surveying alternate methods of manufacturing using Should-Cost data.
• We support for fact-based negotiation. Design iterations based on Should-cost analysis. Detailed analysis with reports for benchmarking.

Product Tear Down:

• Praxien will help to Analyse Actual Product &Process design. Detailed analysis of the hardware of a product and its software/firmware, system, process, and costs.
• Experts to perform both reverse engineering and cost analysis that can generate report to help find potential replacement parts, provide competitive analysis to build optimized designwith competitive cost.

BOM Analysis:

• Expertise in Identify high-cost contributors (components) and to come up with potential Annual savings.

Commodity spend:

• We Analyse commodity wise spend and categorize for best possible source for the output.

VE CE Ideation & Validation:

• Identify&Realize cost saving opportunities through the ideation, feasibility study, Total Cost Module (TCM), Qualification (Test Plan), Validation and Implementation.