🚀 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐂𝐨𝐬𝐭 & 𝐕𝐚𝐥𝐮𝐞 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 The latest Horváth study reveals crucial insights into how companies are navigating cost and value management challenges in 2024. Here are the highlights: 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐦𝐚𝐭𝐭𝐞𝐫𝐬 86% consider linking product costs with CO₂ emissions as essential, yet 53% don’t include carbon footprints in target calculations. 𝐄𝐚𝐫𝐥𝐲 𝐨𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐮𝐧𝐝𝐞𝐫𝐮𝐭𝐢𝐥𝐢𝐳𝐞𝐝 Only 10% of companies focus on optimizing product costs during early development, missing significant cost-saving opportunities. 𝐓𝐞𝐜𝐡 𝐆𝐚𝐩𝐬 58% rely on Excel or in-house solutions, while integrated software tools remain underused, limiting scalability and efficiency. 𝐌𝐞𝐭𝐡𝐨𝐝𝐬 𝐟𝐨𝐜𝐮𝐬𝐞𝐝 𝐨𝐧 𝐬𝐡𝐨𝐫𝐭-𝐭𝐞𝐫𝐦 𝐠𝐨𝐚𝐥𝐬 Traditional approaches like benchmarking and target costing dominate, leaving conceptual methods underexplored. 𝐄𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐞𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞 Bringing in cross-industry expertise is viewed as the most effective driver for cost reductions. 💡 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 Stay tuned for the Horváth CVM solutions 😉 or join our webinar for free 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟔𝐭𝐡 𝟏𝟏:𝟑𝟎𝐚𝐦 https://hrvth.com/3YTZHuf 🌍 Let's drive sustainable innovation and smarter cost management together!
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Profitable & sustainable hardware product lifecycles | Co-Founder @valuemize | Industrial Engineer
3wInteresting insights Thomas, can 100% agree with your market insights across different industries! #saynotoexcel