Costimator Enables AAR Precision Systems to Increase their Cost Estimating Speed by 50%
AAR Precision Systems Case Study
The Client AAR Precision Systems (Huntsville, AL) is one of the country’s leading manufacturers of advanced material aerospace and commercial structures, assemblies and components. In business for over 28 years, the company has amassed a diverse portfolio of work that includes commercial airliners, International Space Stations, shuttles and fighter jets for clients such as Boeing, Raytheon, General Dynamics and Bombardier. Since selecting MTI Systems (West Springfield, MA) Costimator cost estimating software as their exclusive cost estimating system six months ago, the company has realized a 50% increase in the speed in which they are able to provide quotes to their customers.
AAR Precision Systems works with some of the most well-known names in the aerospace industry. Competitively catering to these worldwide clients means they are always having to refine their internal processes in order to best meet their client’s ever-evolving and diverse needs. Delivering estimates and quotations as quickly and efficiently as possible, without compromising accuracy, can mean the difference between staying ahead of the pack and falling behind quickly. After years of slow and inaccurate cost estimates, this aerospace manufacturing company felt it was time to make a change.
“The estimating and quoting method we used at the time was slow and inconsistent,” said Thomas Kasyan, Estimator at AAR Precision System. “We were getting inconsistent results for similar processes or parts, and it slowed down our process internally.”
Like many aerospace job shops, they relied heavily on their estimators experience for estimating set-up and cycle times. It didn’t take long for them to discover that the subjective nature of that estimating method lead to drastic inconsistencies in the quotes they were producing.
Recognizing the need for change, AAR Precision Systems began looking for a software platform that would help them save time, eliminate inconsistencies and produce more accurate estimates.
How Costimator Helped
Six months into using Costimator, AAR has been very happy with their results, noticing a considerable uptick in their ability to produce estimates and quotes that are fast, accurate and consistent.
“Costimator provides the ease and ability to add new tools, work centers and other manufacturing data quickly and easily,” explained Kasyan. “That helps us quickly configure estimates based on our shops manufacturing ability and quoting needs. “
“There are over 300+ cost models that are shipped with the software system, and our estimating team can adjust them, to more closely fit our needs,” Kasyan described. “That cut our estimating time by 50%.”
The use of Costimator has allowed AAR Precision Systems to trim their estimating staff, enabling them to refocus their manufacturing resources in other areas of their company. Above all else, it has helped them gain ground on the golden carrot manufacturers all over the world are constantly chasing – doing more with less.