In today's competitive environment, it is necessary to ensure that a product design and its associated manufacturing is cost optimized to meet market requirements. Cost optimization compares alternate designs and several hypothesized manufacturing processes for each. The objectives are to establish cost comparisons and to outline the advantages and risks of each scenario.
APEX's broad spectrum of experience and capability allow quick assimilation of complex design and manufacturing issues, offering expert judgment on the significance of key variables.
WHY APEX:
- Obtain independent feedback
- Identify cost drivers of the proposed design
- Proceed with confidence that knowledgeable industry professionals have reviewed the design and manufacturing situation
- Reduce and optimize product cost and manufacturing capacity
APEX COST OPTIMIZATIONS INCORPORATE:
- Comparing manual, semi-automatic, and fully automated processes
- Comparing domestic verses off-shore manufacturing
- Benchmarking against competitive designs
- Brainstorming sessions to stimulate additional design and manufacturing concepts
- Comparing client verses in-house data to build a credible assessment
- Identify "best in class" suppliers
EXAMPLES OF APEX COST OPTIMIZATIONS:
- Recommended an alternative design to reduce the cost of high-density chip carriers
- Redesigned a product for a "single-pull" mold
- Compared six competing products
- Suggested outsourcing a complete manufacturing process
- Recommended against additional capital investment
- Quantified the cost of gold electroplating
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