Context

The design of new products represents a major challenge for Purchasing Departments who participate in the calculation of future production costs. Establishing the economic equation for a product under development requires considerable time and specialized expertise. This time-consuming activity is often a major obstacle to bringing new products to the market, as it requires careful analysis to ensure the financial viability of the product.

Solution

Our solution uses the history of cost calculations that have been carried out in the past and makes it possible to predict in a few seconds the objective cost of a new product based on its specific characteristics (dimensions, materials, geometric shapes, geometric shapes, manufacturing and transport costs, etc.). The data used is of all types: images, texts, videos, videos, 3D plans... This solution using advanced AI technologies also makes it possible to know the cost factors for this new product.

Benefits

  • Reduction in the time to design a new product
  • Optimizing margins to maximize your profits
  • Better budget reliability to avoid unexpected overruns
  • Improving your competitiveness
  • Better negotiation arguments thanks to a detailed understanding of costs

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Résultats

x10

speed of cost calculation

-20%

Error in the calculation of costs

8

weeks of development

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