8:20 am Chair’s Welcome & Opening Remarks

8:30 am Opening Keynote Presentation: With Cost Pressures Increasing, Why Now is the Time to Challenge Our Thinking

Synopsis

• Looking at a macro-level view of the automotive industry: what impact could a recession have on the role of cost engineers?
• Reviewing the effect that trade wars and tariffs may have on the costs of automotive components
• Investing in a strong cost engineering and procurement strategy to optimise costs and offer the best market prices

9:10 am In-Depth Case Study: Cost from a Design Perspective: A New Approach to Achieving Best Cost Optimised Designs

Synopsis

• Establishing department integration from the request of quotation to the start of production
• Examining the design-to-cost process and sharing data throughout the development process
• Tackling cost responsibilities and educating the design team around function cost, impact and customer value

9:50 am Speed Networking & Refreshments

10:30 am In-Depth Focus Session: Rethinking the Way You Structure the Cost Engineering Team for Best Results: An Industry Perspective Across the Supply Chain

  • Hauke Pflueger Senior Manager Cost Engineering & Capital Equipment, BorgWarner Turbo Systems
  • Christian Becker Team Lead Cost Engineering, BorgWarner Turbo Systems

Synopsis

• Comparing internal hiring strategies and talent management: what criteria to look for when hiring and how to educate, train and develop cost engineers
• Department logistics: team structures, ratios and reporting lines
• Approaching cost engineering: the best tools, systems and processes to optimise costs

11:10 am Collaboration Panel: Improving the Co-operation Between Cost, Design, Purchasing & Manufacturing for Speed, Accuracy & Efficiency

Synopsis

• Redefining the development process: reducing the need for clean-up and re-engineering during later development stages
• Involving cost engineers with supplier negotiations and aligning all teams to inform them of cost breakdowns to improve cost awareness and improve cooperation
• Building trust between teams and developing a common target: balancing cost and quality

12:00 pm Networking Lunch

1:00 pm In-Depth Case-Study: Next Generation Cost Engineering & Design Collaboration

Synopsis

• Creating a cost-conscious project from start to finish
• How to support and influence engineering to create an optimum cost product
• Understanding specific function costs and additional functions to create a highly valued product

1:40 pm In-Depth Focus Session: A New Approach to Working Collaboratively with Suppliers to Share Costs & Optimise Transparency

  • Daniel Nagy Director of Mechanical Systems, Harman International

Synopsis

• How to approach suppliers to initiate greater transparency and negotiating power
• Developing strong partnerships to enable access to cost breakdowns
• Removing the fears of disclosing data to improve the availability of data and determining transparency if leverage does not exist between the supplier and the customer

2:20 pm Afternoon Refreshments & Networking

3:00 pm In-Depth Case Study: Value Analysis Engineering to Reduce In-House Manufacturing Cost

  • Pedro Soares Cost Estimation Specialist, Kirchhoff Automotive

Synopsis

• How to collaborate with manufacturing engineering, purchasing and quality teams to review the process and best materials
• Reducing manufacturing costs during production and guaranteeing a balance of optimum quality and cost
• Comparing tool investment vs tool contribution vs tool capitalisation to reduce material costs

3:40 pm In-Depth Case Study: An Innovative Approach to Cost Estimation and Quoting When Provided With Minimal Design Details

Synopsis

• Leveraging data from past projects to fill in the gaps of missing design information
• Quantifying the risks so that appropriate contingencies can be included in quotes
• Adopting a coherent strategy to evaluate software cost

4:20 pm Chair’s Closing Remarks

4:30 pm End of Day 1