For manufacturers, cost-cutting is an ever-present goal: achieving lower costs while retaining the desired functionality means higher profit margins, more market share, and happier customers.
More manufacturers are using Design to Cost to rationalize cost management today by providing comprehensive insight into cost structure when it matters most: while a product is still being designed.
Design to Cost is a vital paradigm for today's manufacturers.
In this article, we define Design to Cost methodology, examine what it takes to transition an organization to utilizing these practices, look at practical examples, and how the right technology tools are an essential foundation for Design to Cost in manufacturing.