Should Cost Estimating Service
Should Cost Estimating Service (SES), a division of MTI Systems, provides cost engineering services for mid-to-large sized manufacturing organizations worldwide. The service is an ideal solution for companies that do not have either the time or resources to do detailed product cost analysis in-house. Our aim is to determine the most cost-effective and efficient materials and manufacturing processes for a particular part or product. Our engineering service provides costing data that supports the development of parts and assemblies throughout the product lifecycle - from design to procurement.
How it Works
SES engineers are trained to think out-of-the-box when analyzing part costs, exploring different methods of making parts through alternative processes, materials, and machinery. They are not limited to the processes and materials they are personally familiar with, rather they are able to explore an entire database of alternatives through the use of MTI's leading cost estimating software tool, Costimator OEM. SES is able to help companies find cost savings in the design phase rather than in the manufacturing phase or the launch phase, where the cost to make design changes can be astronomical.
For example, when analyzing what it would cost to make a part using a particular process and material combination it may turn out that the part would be better made by a supplier who uses a particular type of machine. Streamlining of the design-to-manufacturing process cannot be over-emphasized. Discovering manufacturing "issues" early on in the design phase can save a company months worth of time and thousands of dollars.
SES analyzes alternative designs of a part or assembly and its affect on cost at any point during the product lifecycle. This allows companies to see the impact of various design decisions on future product costs. Changes to designs can be re-analyzed to determine how the changes will affect cost. SES partners with its clients, assisting engineers in doing what they do best. The best approaches for cost savings and for manufacturability are examined at the design phase, prior to the product moving into production.
When the part design reaches the production stage the detailed cost analysis, which is now the company's "should cost" model, is utilized by procurement personnel to effectively negotiate with suppliers. This sourcing strategy will provide a basis for buyers to seek out the right "process-supplier" match, leading to higher manufacturing efficiencies and lower part costs.
SES can analyze and produce cost models for a wide array manufacturing process, including those for sheet metal, machining, plastics and assembly. Costimator OEM gives our engineers a tool to analyze and estimate part costs using specific processes such as turret punch press work; laser and plasma cutting; sheet metal stamping; machining; structural foam molding; plastic extrusion; injection molding; thermoforming and more.
Costimator OEM includes a Machine Library that provides machine characteristics and process shop rates for countries all around the world. The system produces cost analysis reports for distribution and review. Since all relevant information is stored in a centralized database, cost optimization is supported at any time during the development process, saving time, resources and money.
Benefits of SES
- Product cost reduction through optimization of
- Product Design
- Mfg technology & assembly process
- Supplier negotiations
- Reduction of Product Development Lifecycle
- Standardized cost platform across all commodities/locations
- Library of real-world data (Materials, Machines, Standards, Rates, etc.)
- State-of-the-art technology platform in Costimator OEM
- Proven company with experienced staff of cost engineers
- Easy to implement & maintain
- Low start-up costs
- High ROI
SES is a cost engineering service for the cost-conscious organization which contributes to the on-going goal of achieving cost reduction.
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