Product costing redefined

In an increasingly globalized and competitive world, transparency about product costs is becoming a decisive success factor. This is precisely where costdata GmbH comes in. Since its foundation in 1997, the company, based in the Cologne Technology Park, has developed into a full-service provider for cost engineering and cost management. With state-of-the-art software, a globally unique database and comprehensive consulting services, costdata® helps companies in development, purchasing, controlling and sales to better understand their cost structures, manage them more efficiently and secure their competitiveness in the long term.

Market leader for cost data - quality and quantity combined

"In terms of quality and quantity, costdata is the market leader for cost data in cost engineering"

The software is based on one of the largest and most detailed market databases in the world. It contains, among other things:

-Material data: Over 33,000 metal alloys and 13,000 plastics with prices, supplemented by a simulation tool for regional market prices, quantity effects and semi-finished product influences.

-Machine data: More than 13,000 machines for a wide range of manufacturing processes, including simulation of machine hourly rates.

-Wages and salaries: Data for over 4,100 regions worldwide, differentiated according to 20 sectors and ten qualification levels in wages and salaries.

-Overheads: Global key figures such as electricity prices, occupancy costs, interest or other location factors.

-Sustainability: CO₂ data ("carbon footprint") as well as historical and forecast values.

All data is updated regularly - materials monthly, all other areas at least quarterly. Missing information is supplemented by the internal research department in cooperation with the customer - naturally at no additional cost, as this service is already included in the license.

Software solutions for maximum cost transparency

The costdata® calculation software combines the extensive market database with powerful calculation modules. It offers both bottom-up calculations and top-down approaches and supports companies in various departments:

-Development - target costing for precise cost planning in the early phase.

-Purchasing - Should Costing for offer analysis and supplier negotiation.

-Controlling & Sales - Comparison of actual, planned and quoted costs as well as benchmark calculations.

Particularly innovative are add-ons such as the 3D CAD import, which can be used to speed up calculations considerably. A 2D import will also be available soon. In addition, modules such as tool cost calculation, relocation simulation, cost driver analysis or contribution margin calculation are available. The CO₂ calculation is also an integral part of the license package.

Consulting, training and partnerships

In addition to software and databases, costdata® also offers customized consulting services - from product cost calculations and supplier workshops to make-or-buy analyses. Training courses offered in cooperation with the Institute of Cost Engineering ensure that companies can exploit the full potential of cost engineering.

Thanks to strong partnerships, including with SAP, seamless integration into existing company processes is guaranteed. Over 25 years of experience and references from industries such as automotive, mechanical engineering, aviation, consumer goods, pharmaceuticals and energy underline the expertise of costdata®.

Conclusion

costdata GmbH stands for innovation, transparency and reliability in cost management. With a unique combination of database, software, consulting and training, the company supports its customers in sustainably securing their competitiveness.