Diodes Incorporated ("Diodes") Implements Product Costing Solution from Enterprise Performance Solutions, Inc. ("EPS").
The delivered solution allows Diodes to easily model operational product cost and legal transfer prices based on bill of material, pricing, and product design specifications. Diodes can with the delivered solution perform cost simulations and cost comparisons between items, versions of bill of materials, months, quarters, and 'best case' and 'worst case' scenarios. Also, Diodes can with the new solution easily benchmark the actual production cost per plant compared to the operational product cost and calculate cost variances.
The delivered solution performs computations of key design parameters like theoretical gross die per wafer according to a company specific formula. For example the system is configured to automatically switch between theoretical and actual gross die per wafer for new items that move from the design stage into production.
"We decided to implement the EPS Product Cost Management solution to make our costing process both more efficient and transparent." says Rick White, CFO, Diodes Incorporated. "A major reason we selected the EPS system was its ease of use and that it was flexible enough to fit our business without customizations."
"Diodes relied on offline tools to manage their operational product costing which was an enormous task." says Fredric Karlsson, President of Enterprise Performance Solutions. "With our solution Diodes has one system, one method and one source of the truth for their product cost for all plants worldwide. We expect that Diodes will see large efficiency gains with the new solution."
EPS Product Cost Management is part of the EPS Cost Management Suite. A comprehensive cost management solution for complex and process manufacturing industries.
Enterprise Performance Solutions, Inc.
+1 (888) 644-2375 x706
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|Publication:||PR.com (Press Releases)|
|Date:||May 15, 2010|
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