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CAD-driven should-cost and manufacturability simulation for discrete manufacturers and sourcing teams
Siemens Teamcenter Product Cost Management
Cloud-based product cost and carbon footprint management within Teamcenter
- Deployment
- Hybrid
- Pricing
- Quote only
- Target size
- enterprise plants
Updated · By Oleksii Bilokamenskyi, Founder, MetaProject · How we rank
About Siemens Teamcenter Product Cost Management
Teamcenter Product Cost Management is a module within Siemens' Teamcenter PLM suite. It calculates and evaluates product and tool costs, product carbon footprint, and profitability early in the product lifecycle. The vendor's site describes functions for calculating costs of new products, tools and quotations, simulating and comparing cost alternatives, and running a profitability calculation intended to help secure product investment decisions.
The product also supports cost engineering for purchased parts and tools by modeling supplier production processes from the bottom up, identifying cost drivers at each process step, and supporting negotiation of target or purchase prices with suppliers. A separate capability aggregates product carbon footprint emission factors along the value chain, linking product cost to CO2e emissions and letting users weigh cost, carbon footprint and profit margin trade-offs.
The vendor's site offers a cloud-hosted version, Teamcenter X Product Cost Management, described as managed by Siemens including operations, maintenance and updates. The site does not state deployment options beyond this cloud offering, nor does it specify on-premise availability for this module. Pricing is not disclosed on the pages reviewed; the site directs visitors to a separate 'Plans and pricing' page and to 'Contact us,' with no figures given. Details on how this module integrates with other Teamcenter components or third-party systems are not described in the material available.
Siemens Teamcenter Product Cost Management at a glance
| Headquarters | Germany |
|---|---|
| Deployment | Hybrid |
| Pricing model | Quote only |
| Pricing (as reported) | quote |
| Target size | enterprise manufacturers |
Pricing and facts as reported by the vendor or public listings, checked when this profile was researched. Source: siemens.com.
Pros and cons
What works
- Calculates costs for new products, tools and quotations early in the product lifecycle
- Models supplier production processes bottom-up to estimate purchased part and tool costs
- Aggregates product carbon footprint emission factors along the value chain
- Offers a cloud-hosted version (Teamcenter X) with Siemens-managed operations and updates
What does not
- Pricing not disclosed on the site; visitors must contact sales or view a separate plans page
- Deployment options beyond the cloud-hosted Teamcenter X version are not described
- Integration details with other systems are not documented on the pages reviewed
Compared in
- Best Product Costing Software for Manufacturing
Bottom-up product, tool and quote costing integrated with PLM and ERP data
Alternatives to Siemens Teamcenter Product Cost Management
FACTON EPC
Enterprise product costing software for manufacturers
Costimator (MTI Systems)
Cost estimating and quoting software for manufacturers, usable with or without a 3D model
Tset
Cost and CO₂ intelligence software for product costing and supplier negotiation
Galorath SEER
Parametric cost, schedule, and risk estimation software for complex projects
Boothroyd Dewhurst DFMA
Software for should-cost analysis and product simplification in manufacturing design
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