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Innovative calculation method for establishing cost figures

Innovative calculation method for establishing cost figures

With many automotive suppliers, the calculation process is far from as smooth running as it should be. TMG consultants Dr.

Ralph Reuth and Franz Kriechbaum explain in an article on how suitable measures can be taken to

shorten calculation processing times by up to 70 per cent.

In their experience, as the number of office interfaces conducting the calculation process grows, so does the number of shortcomings in this process. Potential gains in efficiency are particularly high in cases where numerous countries and subsidiaries are involved in this operation. It is then often not just an issue of the calculation result lacking sufficient accuracy. There can also be a lack of transparency regarding the criteria and approaches which were applied in processing the calculation throughout its individual stages.