Achieve 30% cost reduction with early-stage product optimization
Transforming profitability through cost simulation.
What Tset helped achieve
30% cost reduction
Achieved significant cost reductions through detailed product cost optimization.
Efficient cost analysis
Enabled faster and more efficient analysis with automatic bottom-up calculations.
Industry benchmarking
Provided valuable benchmarks for competitor analysis and cost structure development.
Customer
World-renowned manufacturer of a wide range of dental products, serving a global client base. The company designs and produces systems and products for dentists and dental technicians. The client is in the medical devices industry.
Challenge
The client faced difficulty meeting target costs for a new milling machine at the standard operating procedure (SOP). Tset was approached to proactively optimize costs during the product concept phase to ensure the lowest cost while meeting all product requirements.
Tset's Approach
Tset's approach integrates technical and economic analysis to benchmark and optimise cost structures for new machinery. By conducting competitor analysis and design-to-cost activities, we develop innovative product concepts and cost-efficient solutions. This process culminates in the commercial realisation of the optimised design, ensuring maximum value and competitiveness.
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