Facton Inc., the Auburn Hills subsidiary of the German lifecycle costing software developer, today announced an alliance with the global lean design pioneer Munro & Associates Inc. and its software development organization Design Profit Inc.

The two companies say they intend to help manufacturers' product cost reduction efforts while increasing efficiencies and profitability.

This alliance provides resources to fine tune communication and transparency between engineering, operations and financial leadership so they can wring out every dollar to be competitive. Customers will have the unique ability to see real time financial effects of product and process engineering tradeoffs with Facton and Design Profit software while employing Munro & Associates’ unparalleled success in lean design. The results: for the first time, companies will be able to truly link engineering and operational progress with financial monitoring in order to optimize their margins.

Facton has proven success helping customers around the world reduce product cost by as much as 8 percent and cutting time to market by up to 30 percent. Facton can optimize production costs through all product stages in manufacturing organizations by managing transparency in their product costs.
Among the global companies that have already taken advantage of Facton is  Airbus, Porsche, Behr, Siemens, Magna Powertrain, Brose, Mahle and Mercedes AMG.

Munro & Associates has delivered increased profits globally in all manufacturing industries for over 20 years. Munro’s Design Profit delivers a consistent analytical approach to easily capture design and process resultant cost metrics that provide essential knowledge to determine where and how to reduce lifecycle costs and maximize customer delight.

More at www.leandesign.com or www.facton.com.