Cost Engineering is used to design products to meet specific cost requirements. This book covers the basic concepts and processes of Cost Engineering that, when combined into a disciplined system, will lead a company to a sustainable profit achievement.
Cost Engineering is used to design products to meet specific cost requirements. This book covers the basic concepts and processes of Cost Engineering that, when combined into a disciplined system, will lead a company to a sustainable profit achievement.
Chris Domanski has over 25 years of experience in Cost Engineering, Purchasing, Finance, and Engineering in the automotive industry, most recently as a Senior Manager of Purchasing and Cost Optimization at Nexteer Automotive. Mr. Domanski has had the fortune of working for many great companies, large and small, such as Ford Motor Company, Continental Automotive, TRW, ZF Group, Methode Electronics, and Nexteer Automotive. Mr. Domanski had an opportunity to work for both customers and suppliers within the industry, thus sat on both sides of the negotiation table. In his career, he has been responsible for: quoting, where he developed business cases and cost allocation models; cost estimating, where he analyzed over three hundred supplier manufacturing plants and their cost structures; and cost optimization, where he was responsible for finding and implementing cost reduction initiatives. This unique experience has given Mr. Domanski an unmatched level of expertise in all areas of Cost Engineering discipline. He is thankful that he has been able to help many companies become more profitable and thus save and create a lot of jobs. He hopes that he also inspired others to do the same. To spread awareness of cost engineering principles and thus improve efficiency of all manufacturing industries, Mr. Domanski also administers a LinkedIn Group "Automotive Cost/Price Estimators, Engineers, Analysts, and Controllers" with over 5,200 members and is a frequent speaker at the annual Automotive Cost Engineering Conference in Detroit, MI. Mr. Domanski graduated with a Bachelor's of Science Degree in Mechanical Engineering from Wayne State University in Detroit, MI and a Master's Degree in Business Administration with Finance concentration from Oakland University in Rochester Hills, MI. He also holds a certificate in Negotiation and Leadership from Harvard University Law School in Boston, MA.
Inhaltsangabe
1. What is Cost Engineering? 2. Optimal Cost Engineering Process. 3. Cost Estimating Basics. 4. Cost Based Negotiation. 5. Cost Estimating for Various Manufacturing Processes. 6. Cost Allocation Methods. 7. Cost Optimization. 8. Cost Engineering Organization.
