Siemens announced that Randon Implementos has selected solutions from Siemens’ end-to-end digital innovation platform for product cost management (PCM). Using Siemens’ Teamcenter portfolio and Tecnomatix portfolio, Randon can establish a uniform standard for product costing to help achieve higher accuracy in preliminary cost analysis. By using a target costing process, Randon can provide outstanding customer value at the best cost, while maintaining competitiveness and profitability of products and solutions.
Product cost management provides a digital twin of a customer’s product and tool costs, which enables an accurate representation of both planned and simulated costs. Using a target costing process and the Teamcenter solution for product costing, Randon can simulate the expected cost of multiple design variants and alternative production scenarios, as well as calculate capital expenditures for upcoming projects. With these simulations, Randon can develop new products in a cost-optimized manner while increasing the number of projects processed. Through early transparency on product cost, Randon can more effectively negotiate with suppliers and make more informed investment decisions.
In January 2017, Randon started development and analysis work supported by an international consultancy that presented Siemens’ PCM software as an essential tool for the evolution of these processes.
In a scenario of high competitiveness and market retraction, Randon needed a tool that would allow a systemic view of its processes and flows. The company’s portfolio is highly diversified, which results in high production variability. In this context, simulation is a powerful tool for the dynamic analysis of process variables. To meet this need, Randon started using the Plant Simulation solution in the Tecnomatix portfolio in 2018, seeking a holistic view of its production systems.
About Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are realized, and the way products and assets in operation are used and understood.
For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
About Siemens AG
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.