Profitable with 4cost throughout your company

An expert in innovative cost calculations, 4cost offers integrated software solutions and services with effective standardised methods and processes. This accelerates and maximises the efficiency, to the benefit of your company. The 4cost software ensures cross-departmental boundaries a smooth sharing of cost and other information. Only this approach makes profitable cost management possible.

With substantial cost savings and up to 80 % faster than conventional costing methods, this makes the 4cost method, combining all costing activities unique. All industries and all project phases can be served.

Every business unit will receive the right solution

Management

Corporate, effective product cost management using reliable and transparent cost information with 4cost

Easy and effective corporate management with transparent product cost management

The 4cost costing software supports the management with exactly the cost information they need. Decision-making at the earliest possible stage and with minimal effort and error. Using the 4cost solution helps to receive transparent cost information about the profitability of products or projects. To identify growth opportunities and to minimise financial risks. 4cost calculation software provides a secure base for business cases, bid/no-bid decisions or make-or-buy analysis, among many other possible scenarios.

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Cost & Value Engineering

All product phases accompanied with consistent product cost calculations with 4cost

Consistent product cost information in all phases

4cost’s software and service solutions for value management. Identify cost optimisation potentials in a very early stage and thus lay the foundation for profitable products. Create reliable project forecasts with just a few inputs and map any detailed cost structures according to your needs. Identification of cost drivers and cost analysis through all phases of the products life cycle. Receive a maximum of cost understanding.

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Purchasing & Procurement

Successful price negotiations with suppliers

Reduction of purchase costs and increased purchasing departments performance

Using the 4cost software in the purchase department ensures maximum transparency regarding the offered price and the pricing structure of your supplier. Negotiating specific reductions of purchase prices and have insight knowledge into the overhead costing structure of suppliers in a matter of seconds. Use the various features of the 4cost software applications to simulate and evaluate a wide range of procurement scenarios. This will enable you to implement the right purchasing strategies.

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Development & Design

Cost-optimised product development with 4cost

Product development in a cost-optimised way

4cost’s software applications support the development and design phase to guarantee cost-optimised products. Design-to-cost calculations from the beginning. Conceptual phase is supported which enables you to translate product specifications into product specific costs. Early phases of product design offer the opportunity to identify cost drivers and minimise the risk to overwrite the set cost boundaries. This standardised method provides an inside knowledge of cost behaviour and gain a deep understanding of product design and related cost. Fast, simple and intuitive for all costing of design to cost, design to manufacturing, design to assembly.

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Sales

Competitive advantages through optimised quotation processes with 4cost

Competitive advantages through optimised quotation processes

Secure a decisive competitive advantage in sales by using 4cost software to create and adapt quotations much faster than with conventional methods. For maximum cost transparency, 4cost’s costing tools provide you with all the information you need for quoting in a centralised, standardised and comprehensible way. This enhances the creation of consistent, well-founded offers with plausible and trusted prices.

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Our international customers report on their success with 4cost business solutions

“The comparison of providers revealed, that 4cost achieved the highest score. We were particularly convinced by the fact that 4cost’s solutions can be used for all commodities, regardless of technology. Equally decisive was the enormous speed with which cost estimates are possible despite limited information.” Christian Ahrens Team leader of the Value Engineering department, Rheinmetall Landsysteme GmbH “A major advantage of the 4cost software is the seamless interlocking of the two costing approaches, top-down and bottom-up. This appeals to a wide variety of cost estimators and ensures a consistent cost view without losing information across all project phases.” Alexander Nordmeyer Value Engineer, Rheinmetall Landsysteme GmbH “The departments experience made with the costing software from 4cost are very positive and associated with high savings. By increasing transparency in the cost structures, a monetary benefit in the seven-digit range can already be recorded. We have made the right decision in our selection process and are very happy about our success!” Manfred Billes Department head of the EEPC team, MAN “From small start-ups to large corporations, costs must be constantly kept in view and controlled, especially in these difficult times. This succeeds very well with the 4cost software and I believe we can generate real added value for our companies.” Sarah Wörz Officer, Digitalisierungszentrum Ostwürttemberg “The consistent calculation method of the 4cost tools convinced us right from the start. Very quickly we realised, that this methodology supports our needs in calculation, value engineering, purchasing and engineering excellently.” Frank Hoffmann Head of Supply Chain Management, Rheinmetall Electronics GmbH “With 4cost's modern parametric calculation models it is possible to estimate good and valid costs already in phases with limited detail of knowledge. In order to establish this, we not only made use of 4cost's software solutions, but also using their expertise in value engineering.” Senior staff member Purchasing department, Rolls-Royce “The 4cost-aces interface is user-friendly and logically structured, especially when compared to other cost estimation tools. This makes it easier to use the tool even for occasional users.” Thomas Fiedler Head of Cost Architecture A30X, Future Projects & Costing Performance, Airbus Deutschland “We decided on 4cost because we see a significant added value for our calculation and value analysis in a consistent approach from quick cost estimates to detailed calculations. We focus now on the main cost drivers and identify areas with the greatest potential for cost optimization.” Werner Seifried Technical Director, Liebherr-Hydraulikbagger GmbH (2009) “With 4cost we have a partner with whom we are implementing our objective of a long-term partnership in the areas of cost estimation, value analysis and cost structure analysis. We will continue to establish 4cost's solutions and use them even more intensively in the future, because the added value is obvious.” Werner Seifried Technical Director, Liebherr-Hydraulikbagger GmbH (2009) “With the parametric cost estimate from 4cost-aces, we are fast and reliably in estimating new assemblies and examine scenarios.” “With the 4cost-structure calculation tool, we are tracking target costs and manage our projects, including history and versioning.” Peter Schmidt Value analysis department, Liebherr-Hydraulikbagger GmbH (2009) “The partnership-based cooperation with 4cost enables us to arrive at rapid cost estimates for our projects both in-house and directly at our customers site. I would not have expected a calculation of the costs at such an early stage in the product development process with such depth, consideration of variants and meaningfulness of the answers!” Matthias Miesbeck Project engineer, HOLZER Firmengruppe “We were enthusiastic about the speed and cost transparency during the 4cost workshops. We used the results from the workshops as a base for our business case analysis. We froze the cost target as cost reference for the subsequent development process and continuously referenced and checked on them.” Hinrik Weber Head of the optoelectronics business unit, Pepperl+Fuchs “The speed in which the costs are determined is impressive with this method. Elaborate work plans do not have to be predefined and evaluated, because the parametric approach of 4cost-aces is based on material and value-added approaches.” Ernst Tabel Project manager, Pepperl+Fuchs “With 4cost-aces we are able to arrive at valid cost statements very quickly. Compared to a bottom-up calculation that typically takes several weeks, we only need one to three days for the first cost assessment.” Gregor Schwab Head of Orders & Offers, Production, EADS Defence & Security “In addition to the drastic time advantage of this costing method, the workshops have another effect that should not be underestimated: all participants agree on a common costing basis during the meetings and evaluate it in detail. The acceptance of the calculated cost values is very high due to the involvement of all participants.” Gregor Schwab Head of Orders & Offers, Production, EADS Defence & Security “The workshop with the 4cost team was convincing both in terms of methodology and result. We were getting an idea of how the parametric approach of the 4cost-aces costing software works. Many new possibilities could now be approached in our daily work.” Stefan Buchwald Strategic buyer, BARD Engineering “The 4cost solutions enable us to become an extended workbench to the costing departments of companies in our region.” Peter Schmidt Head, Digitalisierungszentrum Ostwürttemberg “The early breakdown of product and project costs with 4cost-aces not only offers us a high level of cost transparency, but in particular shows us optimisation potential for development and design. On the one hand, we are thus able to forecast future manufacturing costs in the case of design changes and on the other hand, to independently check manufacturing costs of already existing designs.” Martin Klotz Product Cost Engineer, Liebherr-Werk Biberach GmbH “The simplicity and speed of creating and comparing different technical, location and quantity scenarios in 4cost-aces is impressive.” Andreas Müller Senior Operations and Procurement Manager, AutoFlight Europe “Thanks to the workshop with 4cost, we received meaningful and transparent results in a short time, which allows us to take measures at an early stage to secure the profitability of our products.” Andreas Müller Senior Operations and Procurement Manager, AutoFlight Europe “The use of 4cost-aces has led to a considerable improvement in our efficiency, as we calculate up to 75 % faster. Cost calculations that would otherwise take us several weeks to complete are done within a few days with 4cost-aces.” Hanno Pieles Director Business Unit Performance, newboxes “4cost-aces has become a valuable tool for our company because we use it to help our clients increase their cost transparency significantly and take their cost management to the next level.” Hanno Pieles Director Business Unit Performance, newboxes "Parametric costing enables us to create valid calculations in the early quotation phases with relatively little effort." Tim Wiedemann Systems Engineer, MT Aerospace AG “Thanks to 4cost-aces, we can plan and implement our projects more efficiently. The software has established itself as an indispensable tool in our development process and contributes significantly to the success of our projects.” Hannes Büttner Head of Projects & Value Analysis, BAUER Maschinen GmbH “The calculations using parametrics are incredibly fast compared to the bottom-up approach, which allows us to react quickly to new requirements and designs. The design-to-cost process is streamlined and requires fewer resources.” Hannes Büttner Head of Projects & Value Analysis, BAUER Maschinen GmbH “With the introduction of 4cost-aces, we have consistently enhanced our established processes. Following an intensive testing and implementation phase, nearly all cost estimates at MTG are now carried out using 4cost-aces.” Michael Rudius Head of Operations, MTG Marinetechnik GmbH “With 4cost-aces, we can now perform calculations even in areas where we previously had to rely on approximate values—such as for project management, documentation, software, and maintenance costs.” Michael Rudius Head of Operations, MTG Marinetechnik GmbH Rheinmetall MAN digiZ Rolls-Royce Airbus Liebherr Holzer Pepperl+Fuchs EADS BARD AutoFlight Europe GmbH newboxes GmbH MT Aerospace AG BAUER Maschinen GmbH MTG Marinetechnik GmbH
We are happy to advise you

We are happy to advise you

Increase your profit and take your cost management to the next higher level with costing software from 4cost. Our cost experts will discuss possible solutions with you and will find the right approach and implementation to the benefit of your company.

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