Zero Based Costing for Variable Complex Engineering Assemblies

Zero Based Costing for Variable Complex Engineering Assemblies A paperless, cloud-based structured framework to streamline and digitize the zero based costing of complex assemblies—from Electrical, Electronics and Mechanical Assemblies and Products.

Transforming Your Costing Process with Zero-Based Costing

The Zero-Based Costing process brings numerous value additions, making it a dream come true for professionals in product costing.

Connect with us to revolutionize your costing process into a structured framework that utilizes a systematic approach. Enjoy centralized data storage and easy access to historical data whenever you need it.

How It Works : A Seamless Digital Workflow

Single Window Management: Track costing for all assemblies and multiple suppliers from one dashboard

Granular Cost Breakdown:

Materials & Parts :

Drill down into Raw Materials (RM Master), Child Parts, and Bought-Out items (L1).

Manufacturing :

Account for "Made In" (L2) costs, raw materials, specific processes, and value additions.

Commercials & Add-ons :

Manage packing, transport, insurance, amortization, IPR, overheads, and profit margins.

Global Reach :

Handle multiple currencies (USD, INR, Euro, Yen) effortlessly.

Scenario Analysis & Revision Control

Handle changes in vendor agreements, raw material rates, global currency rates, or process upgrades instantly.

Dynamic Revisions:

Handle changes in vendor agreements, raw material rates, global currency rates, or process upgrades instantly.

Comparative Insights :

Compare any revision (e.g., Rev 3 vs. Rev 4) side-by-side. Gain immediate insights on gaps and variations in child parts or process costs.

Supplier Collaboration :

Real-time collaboration with suppliers on pricing and Share of Business (SOB).

Compare any revision with any other revision to gain insights on gaps, differences and variations

At will revision or periodical as per the requirement

Whenever any of these scenarios change, a new revision can be made in

Child parts
Process cost
Final assembly cost

Fully Configurable Product Costing Adaptable Precision - Multi-Dimensional Mathematical Modelling

Engineering assemblies are variable and complex. To manage this, OpExWorks is built on a sophisticated multi-dimensional, multi-level mathematical modelling engine that goes beyond simple spreadsheet logic.

User-Defined Templates : Create custom costing templates and define specific cost elements that match your unique manufacturing value chain.
Custom Formulas : Implement user-defined formulas for every cost calculation. Whether you are adjusting raw material rates or defining complex process cost logic, you have full control over the mathematics.
Agility for Professionals : This system is designed for the modern costing professional. It allows you to accommodate changes in costing norms or templates instantly without any need to modify the software.
Seamless Evolution: As your process upgrades or market scenarios change, your costing model adapts via configuration, not code.