Dive into a curated collection of top articles and popular blogs on cost engineering. Learn about emerging trends, cutting-edge tools, and practical methodologies that shaped the industry in 2024.
Webinar: 27th of February @11AM - Managing Cost and Carbon in Times of Industry Transformation
Discover Tset’s journey from its founding to its evolution as a leader in cost and carbon optimization. Learn how its vision has developed and what sets Tset apart in the manufacturing industry.
Tset’s journey began with a clear mission: to address one of the most pressing challenges in the manufacturing industry — building reliable cost structures efficiently. Over time, Tset has evolved into a pioneering solution for holistic product cost and carbon optimization. In this article, we share how the company was founded, how its vision has developed, and what makes Tset stand out from other solutions in the market.
At its core, Tset is a business modeling solution tailored for the manufacturing industry. For the past seven years, we have focused on product cost management and have supported companies from the early design stages to implementation and production. By integrating additional factors such as carbon emissions, we provide a holistic view of a product’s lifecycle, enabling companies to optimize cost structures, test various scenarios, and identify opportunities to improve efficiency and sustainability.
Sasan Hashemi, CEO and Co-founder of Tset, shares that Tset was founded with a clear purpose: to deliver faster, more reliable cost structures for the automotive industry. As products become increasingly complex and development cycles grow shorter, reliable cost insights are critical for effective decision-making.
Manufacturers today face pressing questions that require immediate answers:
At Tset, we provide reliable, data-driven answers to these questions, empowering businesses to remain agile and competitive. By enabling informed decisions, we help companies achieve long-term success in a rapidly evolving market.
Over time, Tset has evolved in two significant ways. We have expanded the definition of cost to include sustainability, recognizing its growing importance for businesses worldwide. At the same time, we have moved beyond single-model creation to enable companies to manage all their cost models with consistency and precision. This approach ensures a single source of truth within their operations—an essential foundation for confident, data-backed decisions.
Looking ahead, we see profitability evolving into a broader, more impactful concept that naturally integrates carbon emissions. In the near future, manufacturers will define profitability not just by cost savings but by their ability to balance costs with sustainability goals. Our role at Tset is to help manufacturers achieve this balance seamlessly. With our solution, manufacturers can access aligned, synchronized data to make informed decisions.
At Tset, we stand out because of our singular focus: helping companies optimize costs and carbon across the product lifecycle. This is what we do, and it’s what we excel at! Our clients consistently highlight this specialization as a key differentiator. With a deep understanding of their challenges, we don’t just deliver software; we engage as partners to identify what truly makes sense for their business.
Another important factor? We’re a modern, agile company in a space still dominated by Excel, homegrown tools, and legacy systems. Tset brings the latest advancements in software development to the table, including:
The market is ready to modernize this traditionally handled but crucial topic, and we are here to lead this transformation with our innovative approaches.
From its origins as a solution for fast, reliable cost structures to its evolution into a platform for cost and sustainability optimization, Tset has remained committed to helping manufacturers streamline operations, improve profitability, and integrate sustainability into their processes. By combining innovative technology with deep industry expertise, Tset delivers modern, forward-thinking solutions that align with today’s needs and tomorrow’s opportunities.
Dive into a curated collection of top articles and popular blogs on cost engineering. Learn about emerging trends, cutting-edge tools, and practical methodologies that shaped the industry in 2024.
Explore how modern manufacturers are revolutionizing their cost management approach with data-driven solutions. Learn from industry experts about transforming manufacturing operations through advanced cost management software.
Products in the manufacturing industry are faced with expectations and requirements that do not all seem accomplishable. Find out about the biggest challenges and how to tackle them.
Discover our software solutions to see for yourself. We're happy to design an individualized package for your business upon request.