Costimator OEM
 
The key to any estimating tool is the reliability of the data it contains. Over 95% of the data residing in the Costimator OEM database library comes from customers of MTI Systems the authors of Costimator, which includes over 1,100 suppliers and OEM’s. The accumulation of this data since 1982 is validated during system implementation and then added to the Costimator OEM database library. This information is then shared with users on support through regular software updates. Estimating Options - Costimator OEM provides two methods of creating cost models:

Bottoms-Up: An extensive data library contain the exact machine and labour times needed to produce cost estimates that are consistent with actual manufacturing times. This allows you to account for the time and cost of each operation. A complete, detailed cost breakdown analysis is developed, allowing you to identify what your products “should cost”.

Parametric: Parametric cost models are generated through regression analysis tables within IQBuilder, Costimator OEM’s parametric engine. Models can be developed for single or multiple level parts and assemblies.
 

IBM Focuses on Cutting Procurement Costs.

IBM, which seems always to be on the leading edge — both in its products and in its business processes, is now well into its seventh year of using Costimator OEM, a powerful piece of software that helps IBM put a razor edge on its procurement processes. Implemented as part of IBM's massive, ongoing transformation of its supply chain, Costimator has generated savings at the company's manufacturing sites worldwide, including plants in North America, Scotland, Germany, and numerous other countries.

IBM's supply chain begins with product design and includes processes for lead management, the creation of customer proposals, component sourcing, procurement, manufacturing, fulfillment, customer service, billing, accounts receivable, and aftermarket services. IBM determined that it needed to implement uniform, predictable costing strategies as a means of comparing manufacturing costs on a global basis. Costimator accomplishes this by allowing all of the firm's hardware divisions to define, break down, and quantify the true cost of every part of every product.

Click here to see John Kagan discussing the IBM implementation of Costimator at the Global Procurement Conference.

 

Costimator OEM Organisational Benefits:
 
      Design
  • Determine the most cost effective designs
  • Trade off cost factors with other product attributes
  • Redesign parts at lower costs
Manufacturing
  • Analyse current process methods, times and costs
  • Calculate prototype and production costs

Procurement

  • Utilise “Should Cost” models for negotiations with suppliers
  • Find the best process-supplier match

Product Management

  • Meet cost targets for new programs
  • Reduce cost of programs in production
  • Maintain an accurate current cost roll-up of all programs

Data Library

Costimator OEM comes with an unsurpassed library of real-world manufacturing data, including:

  • 200+ Process Cost Models.
  • 2,500+ Work Centres.
  • 3,500+ Parametric Models.
  • 2,400+ Materials.
  • 3,400+ Labour & Machine Handling Standards.
  • Work Centre Shop Rates for over 24 different countries.

 Click to - Download Costimator Brochure