Friday, September 15, 2006

Job shops' costs estimating needs met

Cost estimating software is designed to meet the cost estimating needs all job shops, regardless of the type of processes they perform and at a price point that any company can afford.

MTI Systems has released its new Costimato JS (Job Shop) Software, combining two of their existing software programs, Costimator and FabriCost, into one comprehensive cost estimating system. By combining the two programs the company has created one estimating package for all manufacturing processes, including all forms of machining, fabricating and assembly. That's not all the good news: the system, while combining the best features of Costimator and FabriCost, also sells for less than half the price of its predecessors.

Tom Charkiewicz, President and CTO of MTI Systems explains the company's pricing strategy, saying, 'We wanted to create a product that could meet the cost estimating needs all Job Shops, regardless of the type of processes they perform, at a price point that any company can afford.

We think we've done that with Costimator JS.' The assure quick start-up, the system comes complete with over 3,200 labor and machine handling standards, 2,400 built-in materials, over 1,600 work centers and 700 assembly standards.

The system provides numerous benefits (as reported by users), including: * A 20-100% increase in quote 'win' percentage.

* 50-200% reduction in estimating time.

* Eliminates 'loser' jobs.

* Increases shop floor productivity by up to 25%.

* Increases profit margin on existing jobs by 10-25%.

The company reports that the typical ROI for users of Costimator and FabriCost to be 3-6 months and expects even quicker returns from the new Costimator JS product.