Frank Weinert, a graduate engineer, has more than 35
years' experience in cost engineering, purchasing, pro-
duction and controlling in virtually all sectors of the manufacturing industry.
He studied production engineering in Cologne and began his career as a trainee at Ford-Werke AG, where he
was responsible for purchasing a wide range of product
groups. He worked for Autoeuropa, the then joint venture
between VW and Ford, in Portugal from 1994 to 1996. As
Senior Buyer, he sourced the first navigation systems from
a supplier and helped produce the Escort convertible. In
his final years at Ford, he worked extensively on product
cost analysis, leading to significant price reductions.
After 10 years at Ford, he became self-employed and
founded costdata GmbH. The company went on to develop
the standard software, costdata® calculation, and other
software programmes for cost engineering, purchasing,
controlling, development and production. The costdata®
market data is the world's largest cost database and
contains the latest prices for all product cost estimates
and competitiveness analyses.
Frank Weinert has been responsible for over 600 cost
reduction and calculation projects, as well as setting up
and developing cost engineering departments. He developed a method for controlled profit maximisation which
costdata GmbH implements as a controlling instrument
in companies.
He is a guest lecturer at the Koblenz University of Applied
Sciences and heads the Institute for Cost Engineering,
which aims to raise awareness of cost engineering principles and thereby improve the efficiency of all manufacturing industries.
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