Cost objective PLM and CE
Abstract
Concurrent engineering taking into account product life-cycle factors seems to be one of the industrial challenges of the next years. Cost estimation and management are two main strategic tasks that imply the possibility of managing costs at the earliest stages of product development. This is why it is indispensable to let people from economics and from industrial engineering collaborate in order to find the best solution for enterprise progress for economical factors mastering. The objective of this paper is to present who we try to adapt costing methods in a PLM and CE point of view to the new industrial context and configuration in order to give pertinent decision aid for product and process choices. A very important factor is related to cost management problems when developing new products. A case study is introduced that presents how product development factors have referenced elements to product lifecycle costs and impacts, how they have an idea about economical indicators when taking decisions during the progression of the project of product development.
Fields of Study & Subjects
Manufacturing Process and Optimization
Quality and Supply Management
Product Development and Customization
Publication details
- Journal / source
- Concurrent Engineering, Volume 1: Enhanced Interoperable Systems
- Publisher
- CRC Press
- Pages
- 817–822
- Publication date
- 11 February 2026
- Language
- EN
- Document type
- Book chapter