Circular Economy
LCC
We implement solutions supported by analytical tools in manufacturing companies. As part of the Circular Economy concept, we develop Live Cycle Costing – LCC models.
Life Cycle Costing or Whole Life Costing is the process of estimating how much money you will spend on an asset over its useful life
LCC Life Cycle Cost Management Model:
Process partners
production and service companies from all areas of the economy implementing sustainable and innovative products or services
authorities
research partners, universities, research and development units
Objective
LCC is a tool that allows you to compare design variants and select the most optimal one, based on the total investment and operating costs. As a result, LCC analysis helps to optimize the structure of expenses and contributes to their reduction in the long term
Our service
Defining the purpose and scope
Defining and determining the basic assumptions
Identification of cost elements
Listing of all those potential cost components that differ significantly between the analysed variants
Model preparation
A functional model cannot be complicated, easy to analyse, and it cannot be quickly updated and modified
Collecting data and preparing a cost profile
Historical databases, expert opinions, specialist literature
Evaluation of the results
Analysis of the obtained results and selection of the best variant
Effects of implementation
making it possible to compare design variants and select the most optimal one, based on the total investment and operating costs
optimization of the structure of expenses and the impact on their reduction in the long term
determination of total costs
