Overview
ThreeM’s Costing Solution empowers manufacturers with early-stage, data-driven cost visibility across product and tool lifecycles. Integrated with PLM and ERP, it enables precise, bottom-up costing models using real-world manufacturing parameters. The result is faster quoting, better margin control, and streamlined collaboration between engineering, procurement, and finance teams.
Capabilities of
Costing Software
Product Costing
Tool Costing
Cost Scenario Analysis
Knowledge Database
Change Tracking
Custom Cost Logic
Key Benefits of Costing Software
Early Cost Estimation
Get precise cost visibility from design stage to avoid late-stage cost surprises.
ERP-PLM Integration
Sync costing data across ERP and PLM systems for smooth collaboration.
Standardized Models
Use configurable templates to ensure costing accuracy across product lines.
Faster RFQ Response
Speed up quotation timelines with automated and structured costing flows.
Multi-Plant Visibility
Compare costs across plants or vendors for better sourcing and production.
Cross-Team Alignment
Improve collaboration between engineering, sourcing, and finance stakeholders.
Case Studies
Smarter Design. Stronger Security. Powered by Teamcenter.
Challenge: A Leading Manufacturing Company faced issues with data silos, leading to inefficiencies in design processes and challenges in protecting intellectual property.
Solution : Three M implemented Siemens Teamcenter to centralize data, improve interdepartmental communication, and enhance IP protection through stringent access controls.
• Increased design efficiency by 37%.
• Reduced design rework by 14%..
• Improved data sharing and communication across departments.
• Enhanced IP protection with secure access controls.
Client - Nichrome India Ltd.
Smarter Design. Stronger Security. Powered by Teamcenter.
Client - Nichrome India Ltd.
Smarter Design. Stronger Security. Powered by Teamcenter.
Client - Nichrome India Ltd.
Smarter Design. Stronger Security. Powered by Teamcenter.
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