„Everyone knows a bit of Excel. And everyone has their own special formula references.
Winning works different.“
(Johannes Menzl)

COST AND PRICE CALCULATIONS VIA POSEIDON® - THE LEADING
COSTING SYSTEM

YOUR ADVANTAGES AT A GLANCE: 

  • Process-oriented surcharge calculations with outstanding cost transparency
  • Versioning / history of calculation and bidding statuses (incl. a FROZEN status)
  • Flexible simulation of alternative manufacturing processes / production locations, etc.
  • poseidon® GRAPHICS for multi-level cost driver analyses 
  • Integrated currency converter
  • Multi-lingual (e.g. CZ, DE, EN, ES, FR, PL, TR, SE)
  • Integrated reporting (BOM, contribution margin, lifetime costing, etc.)
  • Fill-out module supports the filling-out of the original CBD templates of the OEM
  • INDIVIDUAL and FLOATING licenses available
  • Fully offline-compatible

COMPLETE CONCENTRATION ON WHAT IS ESSENTIAL

So you would like to calculate bidding prices accurately and quickly, fill out Cost Break Down templates, create post-calculations upon a regular basis, identify cost-drivers in production and/or purchase more cost-effectively from your suppliers in order to create added value?

This functions only with a standardized methodology and a tool which is accepted in every situation straightaway by all parties: poseidon® - the LEADING COSTING SYSTEM.

Your ERP system has other tasks, is primarily transaction-oriented. In this regard, it concerns primarily historical data. This is also important, but doesn’t really help you that much during your bidding calculations. Said concisely: You can only depict your future via ERP systems with great difficulty.

Based upon experience, we recommend the following: Always then when it concerns cost and price calculations, combined with the ERP system, poseidon® should be the LEADING COSTING SYSTEM. In poseidon®, the machine and personnel hourly rates for each production stage are transparently and comprehensibly depicted - and, then, as required, transferred via the interface called poseidon® INTERFACE to the ERP system. Thus, both systems optimally focus on their respective original tasks.

With poseidon®, you will be ensuring a uniform cost concept at your company - the fundamental requirement for innovative and profitable product cost management.

MINIMAL WORKING TIME EXPENDITURE
DUE TO MARKET PROVEN COSTING SYSTEM

These days, your customers are increasingly insisting on the filling-out of their original cost breakdown templates. Not everybody likes to do this. But the clock can no longer be turned back. To be honest: When it becomes a serious matter, it simply has to be done. Like it or lump it.

The integration of internal calculations into those external schemes takes some effort. In this case, everybody has integrated his own calculation formulas. The one customer wants exact data regarding set-up expenditures. For another one, set-up work is considered to be a pure waste of time and is optimally allocated to the degree of usage. Uniform policy? Not at all.

Then it is shaped and manipulated that it is a sheer joy. Today here, tomorrow there – only so that the sales price is right again at the end. A time-consuming and ultimately highly-risky undertaking. Which can be attacked by each experienced buyer because then many positions can no longer be plausibly explained. Difficult.

The solution: With the fill-out module from poseidon®, you will reduce the time expenditures required in order to fill out your customers’ original templates to only a few seconds. Yes, you read that correctly: Seconds. And, in so doing, you will also still ensure that all the figures in the filled-out CBD can be explained from their external poseidon® calculations. Effortlessly and at any time. Without being dependent on individual persons and is reproducible.

CREATING A BID - UPON REQUEST, DIRECTLY FROM POSEIDON®

Why take detours and waste valuable time? With poseidon®, you can create an individualized bid  directly from the calculations. At the press of a button - in your own template. We will programme this for you. Based upon your requirements.

A double advantage for you: Transmission errors are avoided and valuable time is spared.

FULLY CONDUCT PRICE NEGOTIATIONS -
OFFENSIVE COST TRANSPARENCY WITH POSEIDON®

Cost audit – once bitten, twice shy. In this regard, the customer indeed wants to understand only how your costs break down and get proven and confirmed that you manufacture for him at the best conditions. Clearly, this often does not happen without a little bit of pressure, probing questions and the gentle reference to the best practice and so-called GREENFIELD approaches.

Simply put: Whoever starts to lose control here has completely lost. To be trying to compile the cost data only then at the negotiating table and then wanting to explain them in impromptu fashion: This is guaranteed to end badly. And cost money. Frequently, a lot of money.

In order to make it through cleanly here, you need a system which will give you the literally-required cost transparency at every position at the press of a button. So that you can keep your mind free: poseidon® GRAPHICS.

With poseidon GRAPHICS, you will have a superior overview at your disposal at all times. And will be able to convince your customers that you optimally have your costs under control.
With poseidon®, you will make the cost audit into your opportunity.

LIFETIME COSTING / SIMULATED PROFIT & LOSS STATEMENT
A MUST BEFORE EACH BID SUBMISSION

Bidding calculation and price submission upon the basis of the “nominal annual quantity” specified by the buyer–that is still the commonplace practice today. And, at the same time, very risky.

Firstly, there is the run-up curve and the quantity structure. But also price changes over the product life cycle for materials, energy and wages and the productivity increases and the scrap reductions to be expected in the following years also figure in. More than only a handful of factors must be estimated here and considered in the calculations. 

Whoever concludes a multi-year contractual agreement and accepts annual price reductions must also know precisely what he is getting himself into. Without simulated calculations for the initial years, this is a pure game of chance. One’s “gut instinct” does not help here at all. Calculations must constantly be done. Ideally with two scenarios: Best case and worst case. Then you will have the required guidelines and can forecast what to expect.

With the LTC MODULE from poseidon®, this takes a matter of seconds. It is not dependent on individual persons and is reproducible. This is what is important.

KEYWORD: VERSIONING / CHANGE MANAGEMENT AND POST-CALCULATIONS

The initial cost assessment seldom holds true - precisely with technically top-class products, countless technical and thus production-related changes during the development phase are the rule. They must be carefully assessed so that the right course can be set right down to the SOP.

And then it continues on. Only that one now calls them post-calculations, fed with real data from production. Is the product profitable, where are the levers, how can optimization be done? poseidon® will support you in this regard with detailed reporting.

COST ESTIMATES DURING DEVELOPMENT

Does your development reflect what the line, which is drawn during the new design in the CAD system, will later cost in serial production? Production steps, machine sizes, clamping devices, tool wear, etc. - if you want to be cheaper than your competition, then you must address the level of cost details. There is no way around it.

poseidon® is designed to provide the required transparency.

LOCATION COMPARISONS / BEST COST COUNTRY SOURCING AND TOTAL COST OF OWNERSHIP

poseidon® will immediately show you what effects production at various locations will have on your TCO. You will be able to retrieve structural data that are interesting for you such as wages, energy costs, etc. conveniently from your database. It is important that you are always working with reliably-validated data.

Savings potential can thus be quickly and reliably recognized and assessed. Inhouse as well as at your suppliers’ premises. Take the lead. In this case, the motto also applies: Whoever comes too late …

CONTROLLERS AND PROCESS OPTIMIZERS, LISTEN UP!
WITH POSEIDON®, YOU WILL DISCOVER EVERYTHING

poseidon® has proven itself to be an outstanding tool for quickly and straightforwardly depicting the cost situation of even vast production lines and entire value-creation chains. Transparently and convincingly.

"Go Gemba" is the magic word in this regard. Obtain the real production data on-site during production. Cycle times, scrap rates, personal expenses rates, tool wear - in order to name only a couple of examples. And then calculate bottom-up with poseidon®. This goes quickly and reveals many a surprise.

Your advantage: With poseidon® GRAPHICS, calculators, factory controllers, process optimizers and also work planners will suddenly have a uniform cost overview. The best requirement for doing “straight talking”.

Identify cost drivers, simulate optimizations and calculate potential. And then realise it.

For cost reductions during production, we recommend always using above all poseidon® for the cost driver analysis and simulated calculations. Only then during the second stage will LEAN PRODUCTION tools be used for optimization purposes in a very consistent manner and with maximum leverage.

The success attained has reaffirmed our approach. The enjoyment obtained from substantially-improved annual results should not be overlooked. And that
is how it also should be.

FOR THE BUYERS AMONGST US: PARTNERSHIP-BASED
COST OPTIMIZATION AT AND WITH THE SUPPLIERS

These days, value-creation chains are in international competition with each other. The party who also buys in a cost-effective manner will always ultimately have the maximum success. This applies quite particularly to purchased value creation.

The suppliers are often not aware of their cost weak points at all–already because their calculations do not allow for the required degree of detail at all. Help them upon a partnership basis - with your knowledge and skill as well as with your tool. Bring poseidon® along to the cost workshop and, in cooperation with the supplier, depict his current cost situation.

Your supplier will then quickly recognise that, with poseidon®, you can better understand his cost situation straightaway than he himself with his current standard tools. Down to the smallest detail.  Thus, you will have a joint platform, will be able to identify potential on-site descriptively with poseidon® and quickly and precisely assess optimization approaches.

This enormously facilitates the discussion. One will then oftentimes very quickly reach a consensus.

POSEIDON® IS THE PROVEN CALCULATION SYSTEM FOR MEDIUM-SIZED BUSINESSES

With poseidon® - the LEADING COSTING SYSTEM, you will fulfil all important calculation tasks quickly, confidently and reliably such as, for example:

  • Target price calculations and bidding calculations
  • Post-calculations and assessment of technical changes
  • Should-costing and purchase part price analyses
  • Project calculations and lifetime costing
  • Contribution margin calculations and additional reports
  • Integration of one’s own internal calculations into external schemes (external calculations)

HOW DOES THIS ALL WORK?

We’ll show you. Talk to us. Just send us a short message.