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Cost Engineering

Top 3 Ways Tset Can Solve Your Profitability Issues

One of the end goals is profitability. However it is not an easy game. Read our short blog article to understand how Tset can solve your profitability issues in 3 ways.

Our software provides a powerful solution for tackling profitability challenges. With its integrated approach to cost and carbon management, detailed analysis and optimization capabilities, and seamless integration supported by expert guidance, Tset empowers organizations to enhance efficiency, reduce costs, and achieve sustainability goals.

1. Comprehensive Cost and Carbon Management

Tset's software offers an integrated solution for managing both cost and carbon emissions. By leveraging data-driven algorithms and industry expertise, the software provides fast and reliable calculations that help organisations achieve their cost and sustainability targets. The platform's ability to handle complex calculations quickly ensures that all aspects of cost and carbon management are covered, leading to a more transparent and efficient value chain. This comprehensive approach can result in up to a 15% efficiency gain across the entire supply chain​.

Use Case:

A company struggling with inefficiency and high costs implemented Tset’s software to streamline its cost and carbon calculations. The software’s centralised database and real-time calculation capabilities enabled the company to identify cost-saving opportunities and reduce carbon emissions simultaneously, leading to significant operational improvements and cost reductions.

2. Enhanced Profitability Through Detailed Analysis and Optimisation

Tset’s software supports detailed analysis and optimization across various manufacturing technologies. It helps in evaluating multiple product concepts, optimising production processes, and redesigning components to meet cost and carbon targets. The tool provides actionable insights and optimization ideas tailored to the specific needs of different applications and product lifetimes. This holistic approach ensures that every aspect of the production process is optimised for cost-effectiveness and sustainability.

Use Case:

An automotive manufacturer used Tset’s software to analyse its production processes. By simulating different manufacturing scenarios and adjusting parameters such as mould design and material selection, the company was able to reduce production costs and improve product quality. This not only enhanced profitability but also ensured compliance with stringent environmental regulations.

3. Seamless Integration and Expert Support

One of the key advantages of Tset’s software is its ability to integrate seamlessly with existing systems, thereby eliminating data silos and creating a cohesive workflow. The software is supported by Tset’s team of experts, who provide guidance on best practices, implementation, and continuous improvement. This combination of advanced technology and expert support ensures that companies can realise their cost and carbon targets effectively​. 

Use Case:

A consumer goods company faced challenges in coordinating its cost engineering efforts across different departments. By adopting Tset’s software, the company achieved a unified approach to cost management, supported by Tset’s expert consultants. This led to improved coordination, faster decision-making, and a 10x increase in the speed of cost calculations, ultimately boosting the company’s profitability.

In conclusion, Tset’s software provides a robust solution for addressing profitability issues through comprehensive cost and carbon management, detailed analysis and optimisation, and seamless integration with expert support. These features make it an invaluable tool for companies looking to enhance efficiency, reduce costs, and achieve sustainability goals.

Would you like to know more?

For more information about cost and CO₂ engineering, read our whitepaper: "Carbon reduction in automotive supply chains". Explore the urgency of climate action and business resilience in more detail.

Read now

Whitepaper preview: "Carbon reduction in automotive supply chains".

Author

Sasan Hashemi
CEO & Founder

30.07.2024

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