Estimating product costs with the LeanCOST platform
Overview
Founded in Imola in 1932, Cefla today, is a large multi-business group that has made its heterogeneity a strength.
With around 1,900 employees, 26 locations worldwide including 14 production plants, the company can today count on 5 divisions operating in different business areas:
• Civil and industrial plant engineering;
• Shopfitting;
• Finishing;
• Medical Equipment;
• Electronic systems for industrial automation, medical devices and lighting.
Challenge
With the aim of optimising and streamlining the quotation phase, Cefla was looking for a tool that would allow a rapid cost simulation, in order to evaluate in advance the best project solution in keeping with the Target Cost.
Behind Cefla’s success:
LeanCOST
With LeanCOST, Cefla achieved its goal by reducing errors by 50% and the time spent estimating costs. Further benefits obtained from the use of the software were:
○ Standardisation of cost-budgeting procedures;
○ Greater accuracy in quotation generation;
○ Simulation of different design solutions with real time evaluation of the impact of technical modifications on the final cost of the product;
○ Reduced procurement costs through increased collaboration with its suppliers.
“Thanks to LeanCOST, we have reduced errors and the time spent on cost estimation by 50%”.
Cefla
Operations Manager