COSTING STUDIO™
Imagine If You Could...
- Support the coordination of vendor costing during all product development lifecycles
- Improve the management of supplier, agent & factory pricing
- Improve visibility & control of material, sample and production costs
- Coordinate pricing and costs by vendor
- Collaborate and manage vendor costing on your personalized dashboard
- Increase the productivity of your sourcing team
- Access complete pricing data information anytime, anywhere
COSTING MANAGEMENT IS THE NEXT CHALLENGE
To compete in today’s market product development organizations need to tie their design activities with sourcing. During all phases of the product lifecycle teams need to work together to support early sourcing strategies and product costing. From materials, to samples and finally bulk production, costing a product requires access to the latest product information. Gone are the days where spreadsheets support pricing strategies. With Costing Studio product information from Zdesign’s Material, Design, Sample and Vendor Studios integrates seamlessly with costing activities … Costing management is a key strategy for product development organizations today. With the introduction of Costing Studio, Costing Management is elevated to a collaborative partnership between members of the product development chain and the extended supply chain. Costing Studio brings together people and information while supporting the key lifecycle stages and processes of product development.
Sustained business performance is impacted by product development and the development chain. Getting the formula right means higher gross margins. This is particularly true for short-life products like apparel, footwear, accessories and trend driven consumer products. Manufacturing companies often need to collect competitive quotes from multiple contract manufacturers during the design sourcing process. Traditionally, this procedure involves producing duplicate copies of full product documentation, followed by a bidding phase where detailed quote information is gathered. In the meantime, if any part specifications change, the updated information must be packaged and re-sent to each manufacturer.
Meet the Costing Team
Costing STUDIO Features:
- Manages complex, multi-vendor pricing strategies
- Collaborates real time, leveraging the web through the Costing Studio portal
- Supports the visualization of vendor costing during design & production lifecycles
- Manages the complexity of vendor costing management
- Supports Costing Management
- Manages vendor costing information including materials, samples and production
- Supports vendor costing libraries with powerful search capabilities
- Generates complex vendor costing management reports
- Supports version control and document management
Color STUDIO™ Features:
- Structured and iterative Vendor Costing Management processes
- Systems Architecture able to support the distribution of work among internal & external partners
- Well-defined project management tools to support costing projects across products
- Costing Teams have common, secure access to critical pricing information
- Incentivized Design and Product Management decision making processes supported by pricing
strategy - Shared costing Product Roadmaps