Reduce Costs

Reduce Operational Costs Across Your Enterprise

Power profitable service and manufacturing operations with connected intelligence and real-time monitoring solutions to reduce operational costs across the value chain. Industry 4.0 demands industrial leaders track spend and invest for maximum ROI to stay competitive. productONE offers PTC’s digital manufacturing solutions that collect, analyze, and present data and actionable insights needed to reduce operational costs—without impacting production schedules or quality.

Problems we solve

Drive smart operational cost reduction

Using PTC’s digital manufacturing solutions address today’s biggest cost challenges by reducing labour, materials, compliance, field service, and overhead costs. productONE wants to enable businesses to increase workforce productivity; reduce truck rolls; lower scrap, rework, and maintenance costs; improve industrial safety and compliance; and increase energy efficiency.

Reduce Operational Costs to Drive Profits

Up to 12% – REDUCTION IN OPERATIONAL COSTS

Up to 50% – REDUCTION IN SCRAP

Up to 92% – FIRST TIME FIX RATE

Up to 75% – REDUCTION IN TECHNICIAN ON-SITE TIME

Up to 60% – INCREASE IN OPERATOR PRODUCTIVITY

Up to 20% – REDUCTION IN COST OF QUALITY

Reduce Direct Labour Costs and Enable Employees to Work Smarter

Increase workforce productivity, reduce labor costs, and advance safety initiatives by enabling more effective knowledge capture and transfer, improved training and delivery, and enhanced standard operating procedures (SOPs).

Lowering Your Direct and Indirect Labour Costs

Your people are your most important asset—so make the most of their knowledge and time. PTC’s digital manufacturing solutions enable you to reduce direct and indirect labor costs with digital work instructions, augmented reality training and service support, and workforce quality and safety monitoring. Your team can achieve:

Minimize Direct Materials Cost and Reduce Scrap By Up to 50%

Reduce scrap, eliminate rework, and minimize waste—while keeping overhead expenses in check. Manufacturers are working with PTC to reduce their direct and indirect material costs by using augmented and digital work instructions, real-time asset monitoring, and predictive analytics to reduce waste during production and generate results like:

Up to a 50% DOWN IN REDUCTION IN SCRAP
Up to a 30% INCREASE IN YIELD

Reduce Manufacturing Overhead Costs By Up to 15%

Keep your manufacturing overhead low with asset health monitoring, operational performance management, and predictive maintenance.

Manufacturing overhead can quickly add up, from the energy needed to power your plants to the cost of maintenance, material handling, and supply chain. PTC’s proven solutions give customers the data needed to reduce their manufacturing overhead costs and achieve:

Up to a 15% REDUCTION IN ENERGY COSTS
Up to a 50% REDUCTION IN MEAN TIME TO REPAIR (MTTR)

Reduce Manufacturing Overhead Costs By Up to 15%

Keep your manufacturing overhead low with asset health monitoring, operational performance management, and predictive maintenance.

Up to a 15% REDUCTION IN ENERGY COSTS
Up to a 50% REDUCTION IN MEAN TIME TO REPAIR (MTTR)

Reduce Field Service Costs by Minimizing Truck Rolls, Warranty Claims, and Inventory

See how predictive service, remote monitoring, and service parts management help to control costs without compromising service excellence.

PTC’s market-leading service solutions target top field service costs: truck rolls, warranty costs, and inventory management challenges. We help businesses improve their field service management effectiveness, dispatch efficiency, technician productivity, and remote machine data visibility to achieve:

Up to 30% - Issues resolved remotely

Up to 75% - Less time spent on-site

Problems we solve

Reduce Compliance Costs with Smarter Digital Solutions

Whether you need to address how users operate machines or how machines perform, PTC’s digital software ensures safety and compliance solutions can make an impact. Limit compliance risks by embedding digital safeguards directly into products and processes to ensure equipment is always running to spec and employees are always following up-to-date work instructions.

Lower Compliance Costs for Both Processes and Products

Keep employees trained and safe with industrial augmented reality-enabled work instructions and put IT/OT monitoring safeguards in place to ensure machines run according to specification.