4cost-aces/LCC

Analyse and optimise lifecycle costs at an early stage

What is 4cost-aces/LCC?

4cost-aces/LCC is an optional extension module for the costing software 4cost-aces. It enables you to perform a comprehensive analysis of the life cycle costs of your products – from development to operation and maintenance to disposal.

4cost-aces/LCC allows early identification of cost drivers and supports strategic decisions regarding availability, spare parts management, maintenance, repair, design, investments and long-term profitability. This enables you to lay the foundation for cost-optimised projects right from the start.

Up to 80% faster than conventional costing methods
Applicable regardless of technology and industry
Seamless integration into 4cost-aces

Areas of application

Life Cycle Costing (LCC)
Total Cost of Ownership
Risk analysis
Spare parts management
Resource management
Logistics analyses
OBC (Outcome Based Contracting)

Free white paper

Maximum cost transparency throughout the entire product life cycle

In this white paper you will learn:

What lifecycle costing is and how important it is for profitable cost management
The advantages of lifecycle costing over traditional cost accounting methods
How to perform lifecycle costing and use the results as a basis for sound business decisions

Download white paper

Consistent cost transparency throughout the entire product life cycle

Integrated cost management involves considering lifecycle costs – also known as lifecycle costing. Not only the acquisition costs, but also the costs of operation and disposal play a decisive role here – both from the perspective of the manufacturer and the customer.

4cost-aces/LCC enables you to seamlessly simulate cost structures for the entire product life cycle right from the planning and concept stage. The insights gained help you to correctly assess the value and cost-effectiveness of expensive capital goods and to initiate cost optimisation measures at an early stage.

Usage scenarios

With 4cost-aces/LCC, you can simulate different operating times throughout the year and map costs depending on usage intensity. You can also set different usage conditions and stress scenarios such as environmental influences, personnel and switching rates to analyse their impact on costs.

Maintenance scenarios and repair logics

In 4cost-aces/LCC, you can set maintenance classes and costs as well as maintenance cycles (preventive maintenance) to examine the influence of quality characteristics, product properties and maintenance scenarios on the mean time between failures (MTBF). If you do not specify the MTBF yourself, the system calculates it automatically.

In addition, various repair logics can be set in 4cost-aces/LCC (e.g. on site, at the maintenance centre or at the manufacturer) in order to draw conclusions about the costs of downtime and the repair time (mean time to repair, MTTR). This can also be calculated automatically by the software.

Transport and logistics

Use 4cost-aces/LCC to quickly simulate various logistics scenarios in order to make informed decisions about the optimal location of warehouses and transport methods.

Wear and spare parts stocking

4cost-aces/LCC supports you in determining the optimum quantity required for stocking spare and wear parts. This reduces downtime, lowers storage costs and ensures high product availability.

Disposal costs

Use 4cost-aces/LCC to determine the total end-of-life costs of your products and all relevant follow-up costs for disposal or recycling, with a focus on sustainability.

Extensive reporting functions

Make the right decisions based on sound results. 4cost-aces/LCC generates meaningful reports in real time that transparently display all relevant results of your lifecycle cost analysis. All reports can be exported as Excel files, among other formats.

Experience 4cost-aces/LCC live

We would be happy to demonstrate the capabilities of our costing software 4cost-aces/LCC to you in person.

Request a no-obligation online product demonstration now. Our sales team will contact you shortly.

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Our clients report on their success with 4cost

“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

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