A powerful program designed specifically for OEMs makes significant savings by revealing true part costs for all types of manufacturing applications, including machining, fabricating, and assembly.

MTI Systems has released its new Costimator OEM Software, a powerful program designed specifically for OEM's. The system, used by many Fortune 500 Companies worldwide, allows OEM's to realize significant savings by revealing true part costs for all types of manufacturing applications, including machining, fabricating, and assembly. Purchased-part cost savings - the program enables OEM's to justify to suppliers what they expect to pay for parts and why.

At the heart of Costimator OEM Software is an innovative program called Shop Rate CalculatorTM (SRC), the first of its kind to be offered to industry.

SRC takes actual labor rates, along with several default factors, to produce accurate supplier shop rates.

The SRC database comes loaded with labor rates for the entire U.S.

as well most countries worldwide.

By combining shop rates with accurate, detailed manufacturing times, OEM's can obtain the information they need to negotiate lower purchased-part costs.

David LaJoie, MTI Vice President, reports; ' Today, 80% of our inquiries are from OEM's looking to use our software to justify the pricing they are receiving from their suppliers.

They have reported very impressive cost reductions on purchased parts, sometimes as high as 50%.' In addition to purchased-part savings, Costimator OEM has many other cost /efficiency benefits such as the ability to compare designs to determine the most functional way to manufacture a new part, or to analyze how various manufacturing processes effect productivity and profitability.

The system also allows 'make vs buy' decisions to be made, enabling manufacturers to analyze in-house capabilities as compared to their suppliers.

These features promote increased efficiency, lean manufacturing techniques and even improved supplier relations.

For more detailed feature information, refer to the end of this release.

Fast R.O.I.

and minimal ramp-up time - Costimator OEM is easy to use and comes pre-loaded with thousands of industry standard time / cost elements as well as three estimating levels: detailed (by operation), feature-based (part features) or configurator (part families).