Blog from coscomp
What exactly is a “proof of value”?
Demonstrate the practical benefits of an idea with a proof of value (PoV) A Proof of Value (PoV) is a method of demonstrating the practical use or value of a concept, idea or technology. It is a prototype or small-scale test used to verify that a particular solution delivers the desired results before it is implemented on a larger scale. In contrast to the...
“Lack of motivation” as a yield killer in product development or a lack of focus on design to cost?
Automotive supplier Brose generates billions in sales every year, but the company is not satisfied with its return of 1.1 percent. The reason is said to be a lack of employee motivation. Costs in production, logistics and administration are therefore to be reduced. Cost engineering methods such as design to cost as possible starting points? "Only" paying...
Acute shortage of raw materials hampers Swiss industry in spring 2021
The acute shortage of raw materials is slowing down Swiss industry, creating supply bottle-necks and raising manufacturing costs In the spring of 2020, the Coronavirus pandemic caused the world’s largest economic powers to close their factory gates and their borders. In late summer of that year, following the first wave and the many lockdowns, global...
Savings of up to 16% in product groups, despite the Coronavirus pandemic
According to the latest Purchasing Managers’ Index, industry in the euro zone has been set on a growth course since March 2021, despite the whole Coronavirus pandemic. At the end of March 2021, the value of the purchasing manager index for industry in Germany was around 66.6 points. Source: Statista.com At the same time, purchase prices have risen widely....
Increasing freight costs are becoming a problem for Swiss industry
Rising logistics costs in Asian supply chains for Swiss mechanical and plant engineering companies Due to all the lockdown restrictions imposed by the coronavirus pandemic since December 2020, demand for consumer goods has risen sharply. As the majority of these products are produced in Asia and shipped to Europe by sea, the current freight container...
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