How Do Your Costs Compare? Practical Guide to Product Cost Benchmarking for Competitive Advantage

Our experts will guide you through a real-world product cost benchmarking case study for electronics, demonstrating how to conduct a comprehensive benchmarking study using Tset’s product costing software. Learn how to transform benchmarking data into actionable market strategies that optimize costs and enhance competitive positioning.

Whether you are a cost engineer, product designer, procurement specialist, sales or marketing professional, or business decision-maker, this webinar will equip you with the tools and insights to make strategic decisions that strengthen your product’s market position.

• Understand what product cost benchmarking is and why it matters across the organization, impacting roles from engineering to procurement and business strategy.

• Discover how to strategically position products by comparing cost structures against competitors.

• Learn a step-by-step approach to Product Cost Benchmarking, from project goal-setting to teardown analysis, cost calculation, and strategic decision-making.

• Discover practical insights from a real-world case study on cost benchmarking of electronic modules, revealing hidden cost drivers and optimization opportunities.

• Watch a live demo of Tset’s product costing software, showcasing accurate cost breakdowns and strategic cost optimization capabilities.