Think cost engineering early, avoid costs systematically: Why the right time is crucial

In today's highly competitive industry, cost control is not a downstream process, but an integral part of product design and product development. Those who integrate cost engineering too late miss out on potential cost savings and jeopardize the economic feasibility of the product. Early measures, on the other hand, enable targeted control - with a measurable effect on profit margins and marketability.

Why early cost engineering is crucial

Around 80% of subsequent product costs are determined in the first 20% of the development phase. Significant cost reductions can be achieved in this phase through well thought-out design, alternative materials or adapted production technologies. However, if cost engineering is not integrated until the later production planning stage, changes can only be implemented at great expense or not at all.

However, if cost engineering is only integrated in later production planning, changes can only be implemented with great effort or not at all.  

A central element is design-to-cost: cost aspects are already taken into account during product design. This includes not only the selection of inexpensive components, but also the reduction of complexity, the standardization of parts and the avoidance of unnecessary tolerances.

Intelligent design not only minimizes material and production costs, but also facilitates assembly, maintenance and recycling. By applying cost engineering at an early stage, product costs can be reduced by a double-digit percentage - without any loss of quality.

Digital tools create transparency

Modern tools for cost analysis, such as digital calculation platforms or simulation software, enable well-founded decisions to be made as early as the concept phase. These tools provide detailed insights into component costs, supply chain risks and alternative production routes. This enables engineers and developers to make informed decisions before cost traps arise.

Competitive advantages through clever use of cost engineering

Those who link product development and product design with a clear cost strategy secure long-term advantages. The targeted use of cost engineering from the outset not only improves cost-effectiveness, but also increases the ability to innovate and react quickly to the market.