TECT has demonstrated expertise in reducing project costs to achieve a competitive edge in the energy, security, and medical industries. The company integrates part cost analysis, product development, and production processes to achieve cost savings.
Expense reduction approach
Our cost reduction strategy includes:
- Parts Bill Of Materials – leveraging experience and knowledge of diverse products and alternative parts in the market (component engineering).
- Development – efficient design-to-cost practices.
- Production – discounted production in collaboration with ICON POWER SOLUTIONS.
By optimizing each of these steps, we ensure competitive pricing for our products. We have successfully employed this approach for over a decade across various industries, with satisfied clients such as IAI, Elbit, ALTA, Rafael, and more.
Enhance Competitiveness and Profitability
- Optimizing production processes by analyzing workflows and addressing redundancies or bottlenecks.
- Optimizing suppliers and components through strategic partnerships and favorable contracts, leading to better pricing and bulk purchase discounts.
- Design for production and assembly (DFMA) to simplify manufacturing processes by reducing component parts and facilitating easy assembly.
Reducing production costs in electrical systems requires a comprehensive strategy that considers various production aspects. Continuous improvement, innovation, and sustainability are key pillars for long-term success in this endeavor.
We invite you to challenge us and discover how we can help you achieve your cost reduction and competitiveness goals.
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