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Are you looking to reduce your production costs?
Whether to increase profit margin or sell your product for a more competitive price, minimising your cost of goods can have a significant impact on company performance.
With an in-depth understanding of product design and manufacturing processes, CDP are especially well placed to conduct a detailed and independent assessment of your product and to identify potential cost savings.
Working in partnership with you we will develop a cost model including materials, labour and capital equipment together with any overheads or associated costs.
We can also conduct a tear-down of competitor products and highlight key observations for consideration.
Drawing these investigations together in a collaborative client workshop has proven highly effective in identifying key cost drivers or over-priced components or services. Actions may include design simplification, material changes, or renegotiation of supplier costs and have led to significant cost savings for existing clients.
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