{"id":4233,"date":"2020-01-23T10:22:21","date_gmt":"2020-01-23T15:22:21","guid":{"rendered":"https:\/\/blogs.sw.siemens.com\/teamcenter\/?p=4233"},"modified":"2026-03-26T09:03:06","modified_gmt":"2026-03-26T13:03:06","slug":"whats-new-in-teamcenter-product-cost-management-3","status":"publish","type":"post","link":"https:\/\/blogs.sw.siemens.com\/teamcenter\/whats-new-in-teamcenter-product-cost-management-3\/","title":{"rendered":"Teamcenter Product Cost Management | What\u2019s New in Version 9.0?"},"content":{"rendered":"\n

The intense\ncompetition to lead the market puts pressure on manufacturers to speed up\nthroughput for new and smart products. With the new version 9.0 of Teamcenter Product Cost Management<\/a>, we support you in the cost\ncalculation for new product development initiatives or various product\noptimizations to fulfill new orders.<\/p>\n\n\n\n

More accuracy for cost calculation by updated reference data<\/strong><\/h3>\n\n\n\n

With the updated\nreference data for machines, labor rates, and electricity rates, etc. we offer\nyou an objective and up-to-date foundation for your product decisions. <\/p>\n\n\n\n

Machines of\nthe latest technical generation are added to the reference database, to reflect\nmore accurate cycle times, energy consumption and ultimately a more precise\ncost calculation. Especially machines used for tool costing work centers such\nas drilling, eroding, milling, and turning were reevaluated and replaced with\nthe latest generation. <\/p>\n\n\n\n

A detailed\ndescription of machine configurations provides cost engineers a better\nunderstanding of the machine and the cost differences of the same machine type.\n<\/p>\n\n\n\n

Since the amount of software increases in almost all industries, manufacturing companies need to calculate new product development projects with a high amount of software development. To support the new industry developments the reference database was expanded with the skill level \u201cSoftware Developer\u201d. Further, to help cost engineers to validate the lower skill level “unskilled worker\u201c during negotiations with suppliers, the wage research was improved and the minimum wage for many countries was added as a reference value. <\/p>\n\n\n\n

Usability improvements in the framework for Excel-based parametric models<\/strong> <\/h3>\n\n\n\n

The technology-driven\ncosting which is a framework for Excel-based parametric models represents a\ncomprehensive cost model, based on the specific technology knowledge of costing\nexperts (e.g. casting). The cost model supports purchasers, unexperienced cost\nestimators to easily calculate casting parts. This approach leads to reduced\ncalculation time and error-prone, increased automation and standardization. The\ntechnology-driven costing provides unskilled estimators the possibility to do\nprecise, accurate and detailed costing. <\/p>\n\n\n\n

The new\nversion supports administrators in implementing Excel-based cost models into\nTeamcenter Product Cost Management by increasing the usability of\nconfigurations and making this process simpler.<\/p>\n\n\n\n

Automated simulations of differences between calculations<\/strong> <\/h3>\n\n\n\n

Cost engineers can quickly simulate cost differences between calculations, by using delta simulations. They can use this simulation capability to compare a brownfield calculation, which could be a supplier quote, with a greenfield should cost calculation. Based on this they can rule out the difference due to manufacturing location and supply chain decisions. <\/p>\n\n\n\n

Enhanced the publish part capabilities and introduction of new roll-up and calculation engine<\/strong> <\/h3>\n\n\n\n

In\n\u201cQuotation Calculation\u201d and \u201cNew Product Development Profitability Tracking\u201d,\nenhancements of the publish parts capability to even better enforce reuse of\ncalculations within your costing community. We introduced several enhancements\nwithin the publish parts capability mainly with a focus to improve usability.\nFor example, additional notifications to keep the user better informed or\nvalidations to prevent duplicate calculations, etc. <\/p>\n\n\n\n

Our\nnext-generation roll-up and calculation engine allow administrators to\nconfigure more sophisticated calculation methodologies, for example, full\nflexibility to configure the overhead costs. Additionally, new use cases are\nexposed since all manufacturing cost types can be leveraged in the program\nprofitability calculation. <\/p>\n\n\n\n

Reliable tool cost estimates through advanced feature recognition with NX Feature2Cost<\/strong> <\/h3>\n\n\n\n

Tooling\nestimators can automatically and accurately determine tooling production costs\nusing the integrated capabilities in Teamcenter Tool Costing<\/a>. The digitalized process, from part\ndesign to tooling cost estimate, can replace the time-consuming manual job\ntasks. This provides tool manufacturers and buyers a unique advantage in this highly-competitive\nindustry.<\/p>\n\n\n\n

With NX\nFeature2Cost for stamping, tooling manufacturers can analyze the major cost\ndrivers for progressive die tools such as bending, cutting, embossing and\ndrawing. These recognized features along with their parameters are seamlessly\ntransferred to Teamcenter Tool Costing. After providing additional information,\nsuch as the production site, the system can precisely calculate the tool cost.\nBy being able to quickly provide accurate quotations, tooling manufacturers are\npositioned to win more orders and increase their profitability.<\/p>\n\n\n\n

Certification for Amazon Web Services<\/strong> <\/h3>\n\n\n\n

Implementation\nprojects of Teamcenter Product Cost Management can be executed faster and at\nlower investment costs by leveraging Amazon Web Services to host the application\nand database servers. <\/p>\n\n\n\n

Spanish language<\/strong> <\/h3>\n\n\n\n

Teamcenter Product Cost Management is now also available in the Spanish language to help serve our diverse customer base.<\/p>\n\n\n\n

Performance optimizations<\/strong> <\/h3>\n\n\n\n

The performance in Teamcenter Product Cost Management was increased significantly in the area of using master data and mass data changes. Depending on the bill of material size and master data configuration, the achieved performance improvements are up to 75%. <\/p>\n\n\n\n

Auditing capabilities for administrators<\/strong> <\/h3>\n\n\n\n

Administrators\nneed capabilities for auditing to ensure a certain level of security and\nintegrity within their user community. Thus, the auditing framework was\nextended by logging all: create, remove, update and delete operations within\nuser management. Administrators can now ensure continuous security. <\/p>\n\n\n\n

The new and\noptimized capabilities in Teamcenter Product Cost Management, not only enable\nyou to analyze your potential more precisely but also provide you the decisive\ntime advantage in turbulent markets. Learn more about Teamcenter Product Cost Management\nversion 9.0<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The intense competition to lead the market puts pressure on manufacturers to speed up throughput for new and smart products….<\/p>\n","protected":false},"author":54375,"featured_media":4240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spanish_translation":"","french_translation":"","german_translation":"","italian_translation":"","polish_translation":"","japanese_translation":"","chinese_translation":"","footnotes":""},"categories":[1,51,126,127,54],"tags":[6],"industry":[],"product":[357],"coauthors":[1260],"class_list":["post-4233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-featured","category-learning-resources","category-product-updates","category-whats-new","tag-product-cost-management","product-teamcenter"],"featured_image_url":"https:\/\/blogs.sw.siemens.com\/wp-content\/uploads\/sites\/14\/2020\/01\/Teamcenter_Product_Cost_Management_1-1.png","_links":{"self":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/4233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/users\/54375"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/comments?post=4233"}],"version-history":[{"count":4,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/4233\/revisions"}],"predecessor-version":[{"id":19774,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/posts\/4233\/revisions\/19774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/media\/4240"}],"wp:attachment":[{"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/media?parent=4233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/categories?post=4233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/tags?post=4233"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/industry?post=4233"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/product?post=4233"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/teamcenter\/wp-json\/wp\/v2\/coauthors?post=4233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}