Products

Value creation through innovation and accurate cost management

How Valeo Kapec, Korean automotive supplier establishes product cost standards across the organization, streamlines costing criteria and improves cost management efficiency.

In today’s business climate, companies require higher cost management to drive profitability. Valeo Kapec produces torque converters, which are a significant part of an automobile’s automatic transmission. The company targeted to enhance competitiveness and cost efficiency by having a standardized cost management approach in place. However, Valeo Kapec was lacking cost management experience and did not have relevant systems in place to achieve their goals.

In the past, the company’s sales, cost, and procurement divisions had separate cost management systems, leading to difficulties in managing costs across the organization. This resulted in the absence of accurate and reliable product costs. To address this issue, Valeo Kapec looked for an enterprise-wide solution to drive work efficiency and better manage cost-related data.

Read how Valeo Kapec adopted Siemens Digital Industries Software Teamcenter® solution for product costing as a standardized cost management system.

Emilia Maier
Product Marketing Manager

Emilia joined Siemens Digital Industries Software in 2013 in Product Marketing as an experienced hire. After more than 15 years in Software Marketing, she has a track record of expertise in marketing, branding, customer experience management, and IT. She currently leads Product Marketing for the Teamcenter Product Cost Management solution including the Teamcenter Carbon Footprint Calculator. Through the years, Emilia has established the global marketing strategy, and go-to-market plans and delivered first-class customer experiences online and beyond, using innovative technologies. She has worked closely with several customers in publishing white papers, case studies, and reference material across major industries such as automotive, industrial machinery, and electronics.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/teamcenter/value-creation-through-innovation-and-accurate-cost-management/