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MTI Systems adds new cost models for machining & sheet metal fabrication shops

MTI Systems, Inc. has announced the addition of 24 new cost models to their recent V12.1 update of Costimator®. This update benefits estimators with more speed, accuracy, and consistency as they use the company's flagship cost estimating software product to estimate and quote manufactured parts.

MTI Systems offers estimating solutions to parts suppliers and OEMs who need to estimate machining, fabrication and part assembly. One method, of the many estimating solutions included in Costimator®, is configured using cost models. These models are custom easy-to-use formula based methods for estimating manufacturing processes. They have inputs or drop down lists, as well as formulas that quickly and easily complete calculations for manufacturing time and/or cost. Additionally, using the embedded cost model editor; estimators can easily add or modify any of the 300+ models currently shipped with the system -- long after implementation. This provides estimators the flexibility to mimic estimates based on manufacturing processes in their shop or that of an outsourced supplier.

“In today's competitive marketplace, it's only natural that more cost models should be added to Costimator®,” explains Rene Laviolette, MTI Systems' VP of product development. “Satisfying our customers growing needs and responding to emerging new technologies are key factors as to what we select for new features in Costimator® updates and upgrades.”

Some cost models included in the V12.1 Costimator® update:

· Holes - Back spot face, countersunk.

· OD (outside diameter) – face end, multi diameters, undercuts, threads, o-rings, and spline.

· ID (inside diameter) - multi diameters, undercuts, threads, spline, surface finish, flat surfaces.

· Specific processes - plasma part, cost-complete, knurling, step forming, and brake.

· Outside processing - finishing, heat treat, machining, plating, and freight.

· Modified models – broaching, grinding, welding, FCAW (flux core arc weld), and TIG (tungsten inert gas) weld.

Gardner Manufacturing Company, a sheet metal manufacturer based out of Wisconsin, finds that the additional new upgraded cost models enhance their software adding timesaving benefits, as well as increasing its consistency and accuracy.

“It's such a great benefit to have a software vendor such as MTI Systems continue to add new features and manufacturing data,” reports Robert Marschke, estimating engineer at Gardner Manufacturing. “As they continue to increase its estimating power, we save even more time - which of course converts to cost-savings for our company and our customers.”

Press release issued by MTI Systems, Inc. on February 12, 2014


 Contact details from our directory:
MTI Systems, Inc. Computer-aided Engineering


 Related directory sectors:
Computer Integrated Manufacturing

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