Strategic costing to ensure profitability
Manufacturing Costing and Control Solution for Automotive OEMs, Tier 1 and Tier 2 suppliers
Schedule a demo
Challenges in Manufacturing Costing
Wastage of man-hours (or time) in
- Creating cost sheets for estimation
- Connecting with stakeholders to acquire costing data
- Collecting and converting vendor costing sheet in your format
- Price amendment of 100s of parts one by one
Loss of cash due to
- Negotiations based on gutted records
- Neglecting the threshold limit crossing of the critical cost drivers
- Allocating the supplier’s share of business based on relationship
- Inflation, unaccounted impact and inaccuracy of part's cost
Gain Competitiveness and profitability with costing accuracy
ROI Delivered
100% Costing data
at one place
100% Controlled procurement
and price revision
10 minutes for inflation impact analysis of up to 5,000 parts
30% increase in operational efficiency
25% Increase in
employee productivity
Explore Cost it right
Cost it right is a Manufacturing Costing and Control Solution that automates and controls Automotive OEMs, Tier 1 and Tier 2 suppliers’ costing.
It is designed to meet the operational needs of material costing and strategic sourcing, bringing meaningful change in the complete ecosystem. Cost it right helps you achieve real-time cost data analysis for real-time fact-based decision-making.
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Cost Estimation
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Raw Material Price
Inflation Impact Analysis -
Suppliers’ Share of
Business (SOB) Analysis -
Cost Drivers
Management & Analysis -
Integrated Workflow
for Approvals -
Cost Reduction
Opportunity Analysis -
Dashboard and
Reporting -
Vendor Portal for RFQ,
Negotiation and Ordering
Enhance costing process capabilities with
- Costing intelligence
- Real-time purchase price analysis
- Product cost control
- Cost driver simulation
- Quick approval workflows
- Cost trend analysis
- Supplier RFQ portal
- Material costing and strategic sourcing
Minimise identified risks
of manual processes from
- Errors in BOM level cost sheet development
- Unorganized costing data
- Inconsistency in costing sheets
- MS Excel dependency
- Complex comparison of price quotation
- System incapability of generating bulk purchase orders
- Inaccuracy in reports and insights
- Arbitrary supplier negotiation
See How You Can Improve Costing Operations Efficiency
Explore how Cost it right can reduce cost estimation risks and bring control over manufacturing cost. Schedule a demo to see the benefits
