{"id":17858,"date":"2024-06-11T07:13:04","date_gmt":"2024-06-11T11:13:04","guid":{"rendered":"https:\/\/blogs.sw.siemens.com\/teamcenter\/?p=17858"},"modified":"2026-03-26T09:02:58","modified_gmt":"2026-03-26T13:02:58","slug":"teamcenter-product-cost-management-whats-new","status":"publish","type":"post","link":"https:\/\/blogs.sw.siemens.com\/teamcenter\/teamcenter-product-cost-management-whats-new\/","title":{"rendered":"Teamcenter Product Cost Management | What\u2019s New in Version 2406?"},"content":{"rendered":"\n

We are working to make it easy and affordable for customers to develop profitable and climate-smarter products. With Teamcenter Product Cost Management<\/a> version 2406, we have further optimized our solution supporting customers in measuring, managing, and minimizing product cost and carbon emissions within their value chain. This enables them to meet margins and sustainability goals.<\/p>\n\n\n\n

Use the cloud to calculate tool and transport costs and carbon footprint<\/strong><\/h2>\n\n\n\n

To accelerate your digital transformation, we have increased the cloud-based capabilities for Teamcenter X Product Cost Management by extending the scope of the product calculations to include the cost and carbon footprint of both tools and transport. With an extended scope, you can leverage more accurate calculations quickly.<\/p>\n\n\n\n

Speed up your transport cost and carbon footprint calculations<\/strong><\/h2>\n\n\n\n

In the new version, a recommendation of the transport mode is automatically applied as default to your calculation. Further, you can automatically calculate the transport weight, which is calculated based on the part weight and package weight (Fig. 1). This reduces manual work, and you can calculate the transport cost and carbon footprint much faster.<\/p>\n\n\n\n

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Fig. 1 Automatically calculate the transport weight with the newly added columns<\/em><\/figcaption><\/figure>\n\n\n\n

Maximize the value of your cost and carbon footprint calculations with the new and updated reference data<\/strong><\/h2>\n\n\n\n

Accurate data is the basis for precise calculation results. With the regularly updated benchmark data in Teamcenter Product Cost Management you know immediately where you stand compared to the competition. The quarterly main releases for our benchmark data are in February, May, August, and November (Fig. 2).<\/p>\n\n\n\n

Content costing: <\/strong>Production site data is provided twice a year, in February and March, and includes labor costs, labor burden, floor space costs for 67 countries and 454 regions, and interest rates. In addition, labor costs data is delivered for two skill levels, labor burden for three shifts, and floor space costs are available for the office and warehouse categories. The energy prices and interest rates are updated twice a year, in May and November. The machine database is regularly extended with new machines and updated four times a year. We continuously extend our data content and provide in this new release, data for two new countries Costa Rica and Uruguay.  For more information on the countries, please read the specific release letter where you can find information on the country data developments for each country and each cost factor.<\/p>\n\n\n\n

Content pricing<\/strong>: The material prices are updated four times a year and the overhead rates once a year in August. The latest material price update includes material price data for about 10.000 material prices, 3 regions, and a world average price plus 7 semi-finished product types and 3 yearly ordering quantities for each material.<\/p>\n\n\n\n

Content carbon emissions<\/strong>: The carbon emission data for materials and energy contains reference data for common materials, semi-finished materials, and energies, and is updated twice a year in May and November.<\/p>\n\n\n\n

Your added values briefly:<\/p>\n\n\n\n