PA Consulting Group has launched a new venture which helps manufacturers save millions of euros. PA Perfect Cost Grid® is the first web-based benchmarking and cost-engineering platform, providing the comparative data and costing tools to develop competitively priced products.
The approach that underpins PA Perfect Cost Grid® has already helped Fiat save €100 million per annum, benchmarking its cars against competitors to reduce costs across components, supply chain and technical design. It has also enabled Magna Steyr to save double-digit millions of euros across one car’s product lifecycle, in terms of part and development costs.
While benchmarking and cost engineering capabilities can deliver huge benefits, only few manufacturers or major suppliers can commit the capacity and investment required to develop these techniques. Hence PA Perfect Cost Grid® provides four key products:
Leading the venture is Rainer Gross, Chief Executive Officer. Rainer is a PA manufacturing expert and manages PA Perfect Cost Grid® Ltd. He says: “This technology gives purchasing, cost engineering and development teams timely online access to the comparative data and costing tools to develop competitively priced products, achieve savings in product costs and reduce investment. We will extend the team for launching PA Perfect Cost Grid® in international markets as well as for providing leading edge thinking for next generation of manufacturing and product technologies.”
PA Perfect Cost Grid® is based in the UK, at PA’s London office, and also operates from PA’s Frankfurt office including a benchmarking factory in Stuttgart area.
Notes to the editor
About PA Consulting Group
We are an employee-owned firm of over 2,500 people, operating globally from offices across North America, Europe, the Nordics, the Gulf and Asia Pacific. We are experts in energy, financial services, life sciences and healthcare, manufacturing, government and public services, defence and security, telecommunications, transport and logistics.
Our deep industry knowledge together with skills in management consulting, technology and innovation allows us to challenge conventional thinking and deliver exceptional results with lasting impact. www.paconsulting.com, www.perfectcostgrid.com