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Phone: 413-733-1972
WEST SPRINGFIELD, MA –Sept 29, 2014 – MTI Systems announced today that Goldens' Foundry & Machine Company has been using Costimator® cost estimating software for 28 years and has since reduced their estimating and quoting time by 50%.
"It's no surprise," says Dave LaJoie, VP of product development, MTI Systems, "with Goldens' century-long commitment to successful manufacturing, that they are still using Costimator since implementing it in 1986."
“One way the Costimator® cost estimating and quoting software helps us reduce our estimating time is in helping us quickly find and retrieve past or previously estimated quotes”
– Phillip Powell,
Goldens' Foundry & Machine Co.
Manufacturers worldwide, both suppliers and OEMs (original equipment manufacturers), select Costimator to help them with their estimating and part quoting challenges. The estimating software offers a wide range of options for both the buyer (OEM) and the seller (supplier); among the variety of available benefits, it helps estimators identify shorter manufacturing times and find new ways to manufacture processes, parts, and the finished products at lower costs.
"One way the Costimator® cost estimating and quoting software helps us reduce our estimating time is in helping us quickly find and retrieve past or previously estimated quotes," as pointed out by Phillip Powell, Estimator at Goldens' Foundry & Machine Co. "The estimating software includes an advanced search feature that enables our team to be extremely selective about information that relates to the details in our part estimates. This feature not only saves us time, but increases our consistency and accuracy as we use quotes that have already been estimated."
Additionally, he noted that the cost estimating software was also easy to learn and use. "With Costimator, it's easy and effective," reveals Powell. "We use it for parametric estimating where just filling in a few parameters gets us a manufacturing time. Also, it's very effective when estimating and quoting parts that don't have computer generated models".
Read complete case study: Southeastern Manufacturer Uses MTI Systems' Costimator® for 28th year.
Costimator® cost estimating and quoting software began development in 1982. Originally designed for suppliers, it reduces estimating time while not compromising accuracy or consistency for manufacturers who do machining, fabrication and mechanical assembly. The cost estimating software system calculates cycle times and the cost of manufacturing a part or assembly based on the capabilities of the suppliers' equipment and their shop rates.
Established in 1882, Goldens' Foundry and Machine Company is a value-added manufacturer of cast, machined, and assembled gray and ductile iron components for the capital and durable goods
"Costimator has been a very large part of Jabil's quoting process since being purchased in 2003. It is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region."
- Kristen Housley, Cost Estimator, Jabil Circuits
Established in 1982, MTI Systems is a leading provider of cost estimating software solutions for the manufacturing industry, serving over 2,000 suppliers, OEMs and engineering firms worldwide. The company is headquartered at 1111 Elm Street, Suite 6, West Springfield, MA 01089.
Costimator Manufacuring Software
Estimating for Machining and Parts
Costing and Quoting for Fabrication
Cost Estimating and Quoting Software
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