Dassault Systemes helps Renault Group optimise car prices – Instances of India

Dassault Systemes has developed a brand new value intelligence resolution to assist Renault Group scale back the affect of rising uncooked materials costs on car manufacturing prices. The answer extends Renault Group’s use of the 3DEXPERIENCE platform, a number one 3D design and engineering software program, from design and engineering to the strategic enterprise capabilities of costing and buying. This permits customers to contribute to Renault Group’s technological and digital transformation.
The automotive business is going through quite a few challenges, together with balancing sustainability, regulatory necessities, and inflation, particularly within the face of unstable uncooked materials costs attributable to international elements resembling armed conflicts, well being crises, local weather change, and client calls for. This makes it tough to make sure a return on funding when aligning the worth of a car with the price of its elements.
The 3DEXPERIENCE platform supplies Renault Group with a strong mixture of synthetic intelligence, machine studying, and collaborative enterprise processes, in addition to an enriched 3D knowledge mannequin of the car. This permits Renault Group to combination gear designs, configurations, historic knowledge, and forecasts, and simulate completely different design eventualities to know, anticipate, quantify, and optimize car worth and value. The platform additionally allows Renault Group to enhance gear buying negotiations by sharing insights with different stakeholders.
In conclusion, the price intelligence resolution supplied by Dassault Systemes’ 3DEXPERIENCE platform supplies Renault Group with a novel alternative to deal with the challenges posed by unstable uncooked materials costs. The answer provides a data-driven and actionable strategy to balancing car design with enterprise, and can play a essential position in Renault Group’s digital transformation efforts.