Welcome to the SIMUFORM® BLOG

On our blog you will find tips & tricks on topics related to the optimization of product development and the SIMILIA software. We give practical tips and recommendations or prepare interesting topics in an understandable way for you.

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02. Mar 2023

Target Costing - Target Cost Evaluation for Purchasing

Target costing and target cost evaluation with modern IT methods for purchasing: fast - efficient - transparent.

It will work for you, too, guaranteed.

Huge article inventories and even more master data make it difficult for the purchasing department to achieve the best prices. They fail to see their way through the jungle and run the risk of buying at unfavorable prices without knowing what they are buying. Using target costing and target cost evaluation with modern IT methods for purchasing is a very effective tool. SIMILIA's automated BOM-Compare-Process (BCP) supports the purchasing department in target costing. Shadow costing can also be applied via this process.

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The SIMUFORM BLOG is a contact point for all areas to easily grasp complex topics. Geometric similarity search, process optimization, Industry 4.0 and increasing the profitability in product development are just a few of our interesting topics..

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