Competitive Benchmarking

Competitive Benchmarking

Client asked Ricardo to examine specific transaxles and provide market cost estimation for selected parts. There was a need of generate cost model which gives total cost with different inputs and so in-depth knowledge about manufacturing process and costing analysis was required. To know about the client’s market stand, competitive analysis with top competitor with same category was challenging. BoM, photographs, and reports need to submitted for proper understanding about the task and documentations.

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For a North American carmaker’s service parts division, Ricardo reduced material costs by more than 5%

For a North American carmaker’s service parts division, Ricardo reduced material costs by more than 5%

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Through a cross functional approach, Ricardo developed nearly €29M/yr in new cost reduction ideas for a European client

Through a cross functional approach, Ricardo developed nearly €29M/yr in new cost reduction ideas for a European client

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Identified, summarized, & categorized 181 codes, standards, and regulations related to CNG and LNG locomotives

Identified, summarized, & categorized 181 codes, standards, and regulations related to CNG and LNG locomotives

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