Costimator Increases AAR Precision Systems' Estimating Speed by 50%
MTI Systems Press Release
(West Springfield – July, 2012) - MTI Systems, Inc. has announced today that since implementing the company's cost estimating, quoting and process planning software, AAR Precision Systems (Huntsville, AL) has increased their estimating speed by 50%.
"We had been using a spreadsheet system that was slow and inconsistent," said AAR Precision Systems Estimator Thomas Kasyan. "We were getting a variety of answers for similar processes causing folks internally to question the results. Once we brought in the Costimator software those problems were erased."
Since implementation we created over 20 cost models specific for our processing needs. That's provided us with a 50% increase in estimating speed."
AAR Precision Systems is a highly recognized producer of advanced material aerospace and commercial structures. For the past 28 years, they've existed in a space where speed and time is essential to success. After implementing Costimator, later in 2011, they began to see results, especially with regards to the impact of the Cost Modeler database feature on their cost estimating process.
"By using cost models we're able to configure the system based on our manufacturing environment and quoting requirements. There are over 300+ cost models that are shipped with the estimating system, and we can adjust the models to more closely fit our needs," said Kasyan. "Since implementation we created over 20 cost models specific for our processing needs. That's provided us with a 50% increase in estimating speed."
"The main purpose of using Costimator is to understand what your costs are and what they should be. Once you understand that, you are in a good position to achieve those costs. Knowing what you should be paying when you go into a negotiation gives you a lot of strength."
- John Kagan, Manufacturing Engineering Manager, Lenovo
For more information read AAR Precision Systems' Case study: "Costimator Enables AAR Precision to increase their cost estimating speed by 50%".
Costimator was originally designed to make estimating easier for manufacturers by calculating cycle time and cost of manufacturing a part based on the shops equipment and their shop rates. During its 30 year history, the software evolved, and its capabilities include helping to meet the needs of OEMs worldwide – ranging from the defense & aerospace industries, to medical, automotive, heavy equipment, electronics and consumer product manufacturers.
About AAR Precision Systems
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.
About MTI Systems, Inc.
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.
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Costimator Manufacuring Software
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Estimating for Machining and Parts
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Costing and Quoting for Fabrication
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Cost Estimating and Quoting Software
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Date
July, 2012
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Company
MTI Systems
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Location
1111 Elm Street, Suite 6, West Springfield, MA 01089 USA
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Email
info@mtisystems.com
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Phone
413-733-1972
