Competitive Benchmarking

Competitive Benchmarking

A global automotive manufacturer asked Ricardo to conduct cost studies on targeted competitor engines (I4, V6, V8): engine teardown and full-BoM parametric documentation, market based component cost for all purchased parts, value-add model for in-house component manufacturing, estimation of final assembly cost based on Ricardo’s engine assembly cost database. Additionally the OEM asked to benchmark their own enginecomponent cost to sup port value analysis (VA/VE).

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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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