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7:50 am Chair’s Opening Remarks

8:00 am Keynote: Cost Validation in Aftersales: What Happens to Costs and Prices after Series Run-Out?

  • John Baker Head of Spare Parts Cost Management, BMW

Synopsis

Protecting the end customer: who wants to pay 10 times more for parts once the
vehicle has gone out of production?
• Validating suppliers’ costs after series run-out: do the benefits justify the
resources required?
• Effective cost validation: what are the key success factors for validating costs
after series run-out?

The Global Market

8:40 am Panel: Assessing International Suppliers & the Benefits of a Global Network

Synopsis

Hearing from global representatives on their ways of working: what are the
similarities and differences in working with local and international suppliers?
• Discussing how to assess the right partnership options for you: benchmarking
metrics to consider between suppliers
• Investigating experiences across the market: audience Q&A and lessons learned

9:20 am Morning Refreshments

10:00 am Exploring the Impact of Geopolitics on Automotive Cost Engineering: Brexit, NAFTA, Trade Sanctions & More

Synopsis

Summarising the changing international playing field for trade: what are the key
current challenges that are impacting the automotive industry?
• Outlining the cost implications of situations such as Brexit, and new tariffs and
trade sanctions
• Debating how the automotive industry can prepare to mitigate such impacts – is
it possible?

Digitalisation: Exploring Opportunity in Data & Software

10:40 am Cultivating an Effective Data Collection Process to Enhance Estimating Efficiency

  • Matthew Carson Engineering Group Manager for Body Structures - PCCO, General Motors

Synopsis

Exploring master data for industry costing: to what extent is the data that is
available to cost engineers reliable and/or quality assured?
• Discussing methods for collecting data from internal and external sources to
create a more comprehensive cost database: what are the advantages of such a
record?
• Investigating company-level systems for data organisation, responsibility and
maintenance for more accurate and efficient costing

11:20 am Audience Discussion: How to Analyse Historical Data & Apply Lessons from the Past for Improved Future Results

Synopsis

• Assessing the increasing digitalisation of automotive cost data: what value does
historical data present to the modern cost engineer?
• Benchmarking industry-wide process for applying past lessons learned to current
practice: what gains are being made?
• Hearing where the application of historical data has resulted in a measurably
enhanced costing process: a case study

12:00 pm Networking Lunch

1:00 pm Tombola hosted by FACTON in Conference Room – Ballsaal

1:05 pm
Validating Methodologies

1:10 pm Comparing Approaches: Optimising Cost Engineering Calculation Approaches Along the Product Lifecycle

Synopsis

• Outlining different approaches to cost calculation: what are the most common
methods currently utilised, and how can they be applied across various phases of
the product lifecycle?
• Evaluating the strengths, weaknesses, and selection criteria for an optimized
calculation approach
• Case study: hearing about the calculation methodology at BorgWarner Turbo
Systems

1:50 pm Dissecting Design to Cost: Outlining the Importance of Setting Costs at the Earliest Phase for Improved Efficiency

  • Georg von Falck Manager – Product Quality and Production Engineering, AVL List GmbH

Synopsis

• Case study: delineating the method and benefits of Design to Cost in automotive
product development
• Explaining the benefits of considering cost as a design parameter from the
earliest stage: design, negotiation, and more
• Illustrating how best to work with the design team to promote the inclusion of
cost considerations at the beginning of product development for more efficient
workflows

2:30 pm Afternoon Refreshments

3:10 pm Effectively Managing Product Cost Alongside Design Changes to Minimise Disruption

Synopsis

• Reflecting on the product design process: how to set a realistic target cost whilst
considering the potential for design changes
• Exploring the process of change management, and how as a cost engineer you
can minimise disruption
• Hearing best practices in the change management process: tips and tricks for a
more efficient workflow

3:50 pm Audience Discussion: Key Takeaways & Action Points

Synopsis

Considering the lessons learned over the 2 days, the audience will separate into
discussion groups to summarise key learnings and how they can be implemented
in their workplaces moving forwards. Feedback will then be shared with the wider
room, to benchmark current cost engineering practices, and where the room for
most innovation lies.

4:40 pm End of Conference