Chasing the dual mission of product cost and carbon emission savings
Balancing emissions with cost impact across the entire product portfolio
Regulations and growing demand for low-emission vehicles have accelerated the race to reduce tailpipe emissions. Given the significant expectations of reducing carbon emissions, manufacturers in the automotive industry need to deliver greener cars at competitive costs and a reduced carbon footprint. Defining a decarbonization strategy requires a detailed understanding of the carbon footprint of all materials, manufacturing processes, buy parts, transportation, etc., and levers to decarbonize. Building an actionable decarbonization roadmap requires executives to understand the cost and carbon impact of levers to set the right targets.
Calculating product costs and carbon footprint early in design is crucial. It helps make informed decisions that reduce costs, enhance sustainability, and meet consumer expectations, resulting in more efficient delivery of new, innovative, and environmentally friendly products, ensuring profitability.
Learn how to develop products for a targeted cost and carbon footprint with a calculation engine that helps you develop a cost structure based on engineering knowledge and integrated data content.
Key Takeaways
- Use a comprehensive solution that integrates all relevant data available at the early stages of development
- Lead simultaneous granular calculation of product cost and carbon emissions
- Perform what-if analyses to drive product cost and carbon footprint optimization along multiple dimensions
- Use upfront calculations as a basis for discussing and developing negotiation options with suppliers
- Respond to requests for quotations with detailed and accurate cost and carbon footprint breakdowns
- Collaborate with cost engineering, procurement, manufacturing, and sales in one application
- Start fast and grow with the hybrid-cloud solution Teamcenter X Product Cost Management offered as a software as a service
Meet the speakers
John Monica
America Zone Portfolio Development Executive for Teamcenter Product Cost Management
John Monica is the America Zone Portfolio Development Executive for Teamcenter Product Cost Management with Siemens Digital Industries Software.
In this role, he works across multiple industries to provide both OEMs and suppliers with a software solution aligned to meet their product cost management needs.
John has over 30 years experience in various manufacturing industries and has a background in product and tool cost management, large assembly / vehicle cost roll-up, organization transformation, and operational improvement.
Prior to joining Siemens in 2015, John held positions with several consulting organizations performing work for clients in the global automotive and aerospace / defense industries. He spent 5 years with a major automotive OEM at which he led the development and implementation of a cost estimation including the establishment of a Cost Engineering organization.
Victor De Libera
America Zone Portfolio Development Executive for Teamcenter Product Cost Management
Victor De Libera is the America Zone Portfolio Development Executive for Teamcenter Product Cost Management with Siemens Digital Industries Software.
In this role, he works across multiple industries to provide both OEMs and suppliers with a software solution aligned to meet their product cost management needs.
Victor has over 25 years of experience in various manufacturing industries and possesses a background in developing complex cost models, managing product costs, overseeing vehicle cost roll-up processes, leading organizational transformations, and driving operational improvements through the utilization of value stream cost modeling.
Prior to joining Siemens in 2022, Victor has held positions with both OEM and Tier I automotive suppliers, utilizing cost analysis to assess operational improvements. Throughout his career, he has successfully managed and directed cost organizations, contributing to a comprehensive understanding of cost within various organizations. Victor has provided valuable insights and strategies in areas such as quoting, pricing, and reviewing internally manufactured products to ensure cost and operational effectiveness.