Industrial Equipment

Stop margin erosion. Get precise should cost analysis for industrial equipment. Our platform handles complex weldments, machining, and low-volume, high-mix production. Achieve your target costs.

ASI Engineering has extensive experience in working with various industrial equipment manufacturers on mechanical, electrical, electronics and mechatronics commodities.

In the high-stakes world of industrial equipment, "close enough" costing isn't good enough. Unlike high-volume industries, your products are defined by high value, deep complexity, and low-volume, high-mix (LVHM) production.Our SaaS platforms and engineering services give teams the granular, process-driven clarity they need to manage complexity, profitability, and drive sustainable cost reduction.

Percent Commodity Coverage

For costing of all of your spend items.

Major industrial Equipment Manufacturers

Work with ASI Engineering on should costing.

Below are services where we engage with customers on a project basis. Our services are built on top of and delivered using xcPEP and xcPROC.

Should Costing

We deliver accurate should-cost analyses for a wide range of industrial products and assemblies, including PCBAs, switchgear, controllers, inverters, motors, gearboxes, pumps, valves, actuators, enclosures, wiring harnesses, and other mechanical, electrical, and electronic components.

Cost Reduction Studies

We benchmark your product against competitor across cost drivers to generate cost reduction ideas.

Onboarding

We tailor xcPEP to your products, suppliers, and locations, and build custom raw material, MHR, and LHR datasets.

Cost Lab B-O-T

We set up a cost lab in your organization, develops SOPs, train your team through live projects and deliver a functional cost lab.

Deployment & Cost Lab BOT are services where ASI Engineering team ensures xcPEP is configured and used effectively.

How are we different?

We build cost engineering technology. Our core products, xcPEP for should cost modelling and xcPROC for cost data, form a powerful ecosystem supported by engineering services that speed customer adoption. While we may resemble consulting or benchmarking firms, the similarity is only superficial; our strength lies in the technology we create.

ASI – Engineering-Led Cost Transformation	Management Consultants	Benchmarking Companies
ASI vs. Management Consultants vs. Benchmarking Companies Approaches to Cost Optimization for Consumer Electronics Manufacturers
Engineering-led cost transformation using xcPEP & xcPROC, tailored for Consumer Electronics makers. Focus on sustainable, structural cost reduction across full product lifecycles.	Strategy-focused consulting aimed at solving isolated problems. Engagements are billable-hour driven and often lead to recurring cost challenges.	No pre-existing Consumer Electronics database. Deliverables based on expensive, one-off teardown or reverse-engineering projects.
Transparent Should Costing for every part, adapted to each manufacturer’s supply base and production process. Highly detailed, data-driven simulations enabling targeted cost-reduction initiatives.	Relies on SME expertise and generic industry data. Often produces incremental changes without addressing systemic cost drivers.	Costing often based on simplistic formulae from limited teardown samples. Insights rarely capture the complexity of electronics manufacturing and electronics child part sourcing.
Proprietary platforms: xcPEP – high-detail part costing & simulation xcPROC – procurement intelligence & sourcing support Highly detailed cost models for various electronics from most complicated PCBs to Semiconductor Packaging.	General financial models and operational frameworks. Lacks manufacturing-specific cost simulation capabilities.	Uses ad-hoc analysis tools for each engagement. No scalable platform for repeatable, accurate cost estimation.
Measurable, sustainable cost reductions with direct impact on margin and competitiveness.	Recommendations improve current state but may not deliver optimal or lasting results.	Outcomes are slow, costly, and often fail to justify the investment.
Rapid portfolio-wide analysis with live costing tools – weeks, not months.	Multi-month projects from start to final report.	Slow, custom project timelines with long lead times for any usable insights.

Our Core Objective

Challenge	ASI Solution	Value
Engineering Led Cost Transformation Of Consumer Electronics Manufacturers
Key Challenges Opaque cost structures for high value parts Volatile input costs Scattered data across teams Limited visibility into drivers	Our Framework Part-level costing using xcPEP Supplier cost mapping via xcPROC Should Costing of each and every part Unified data layer for decision-making	Business Impact EBITDA uplift Faster time-to-insight Improved exit multiples Sustained competitive edge
Core Technology Platforms
xcPROC Procurement Intelligence	xcPEP Costing Engine Precise Should Costing	xcPEP Idea Module Automated Design & Commercial Idea Generation
Build - Operate - Transfer Engagement Model
Phase 1: Build Detailed Should-Costing Foundation	Phase 2: Operate Idea Generation & Implementation	Phase 3: Transfer Cost Engineering Function Handover
Data mapping from drawings and teardown Teardown analysis of proprietary and competitor products Alignment of cost models with company's reality Development of raw material, LHR, MHR databases aligned to company’s products and supply chain Supplier & route mapping Should costing of everything the company makes and buys	Engineering idea generation: design / material / supplier / process / packaging changes Engineering idea implementation Commercial idea generation: negotiation gaps, alternate suppliers, import/export data Commercial idea implementation	Cost Engineering Function is created inside the company Full handover of platform and processes Training, documentation, and continued support
Deliverables & Outcomes
Immediate Baseline costing Quick-win ideas	Medium-Term Operational improvement Margin expansion	Long-Term Exit readiness Value creation

Product Studies

Our engineers regularly undertake internal projects on products of interest. These initiatives help enhance our solutions for specific product categories and also generate demo data for customers to evaluate. Below are blogs showcasing the outcomes of these studies.