software of cost estimation of tool manufacturing, molding and packaging

Mitch - this sounds pretty good but how does this program handle estimates if there is no data available? Not everyone is given data to quote from or if they do it is very preliminary, maybe just A surface

Mitch - this sounds pretty good but how does this program handle estimates if there is no data available? Not everyone is given data to quote from or if they do it is very preliminary, maybe just A surface

Hello:
Dear Mikey Hung,

Can you share your Type of Excel Sheet in this blog
Iam Kedarnath Maganur, I am in Tooling, and me too is facing problems in Estimation.

Could you help me out.

My email id is kedar_nmb@rediffmail.com

Software includes all the various forms and roles that digitally stored data may have and play in a computer (or similar system), regardless of whether the data is used as code for a CPU, or other interpreter, or whether it represents other kinds of information. Software thus encompasses a wide array of products that may be developed using different techniques such as ordinary programming languages, scripting languages, microcode, or an FPGA configuration.
Debt Relief

To all,

My name is Mitch Rothbart, and I work at a company called aPriori Technologies. The good news is that we have created a very unique and powerful technology that creates instantaneous "Should Cost" breakdowns of Injection Molded parts, which includes accurate Tooling Charges. Our software also covers sheet metal, machining, turning, casting and other manufacturing costing models.

The software has been developed over many years and contains several patents related to cost estimation based on geometry. The way it works is that a user simply opens a 3D model of a part in any major CAD system and our software assesses its geometry and the most cost efficient method to produce the part without any prior history needed. The user gets a complete "Should Cost" breakdown with details down to machine and setup time. Your engineers can then change the design, material, manufacturing process, volume or where it is manufactured and instantaneously get an updated cost based on those changes. If you have trouble getting cost early in the product development cycle, it would be worth taking a look. If you want some more information, please contact me at mrothbart@apriori.com.

Thanks!

Hi All,
I have studied a few estimating softwares including the Magics and Calcmasters. They are the top of the line but they are still too far away from accuracy. You know, some customers use them to make prices for vendors and the resulting prices normally are very low. And they believe in those softwares because many of the purchasing managers don't know tooling at all. I am the manager of Cost Estimating Department of a mold making company for 2 years. I have developement a small excel tool for the calculation. And now, we are translating it into web base software.Let me explain the way I do in estimating. First, I will drawing a quick layout to target the mold size and major components. Then I will type in all the necessary hours for engineering, manufacturing, typing in the sizes, selecting the materials from pull down menu, it will calculting the whole mold cost finally. Remember, there is no 100% accurate estimation tools existing but mine is a very close to.
If you don't know the mold design concept, you can never calculation the mold price. Those softwares are using statistic methods which is not real.

Regards

Mikey Hung

Nypro Tool Hong Kong Limited
A Joint Venture Of Nypro Inc.
www.nyprotool.com
www.nypro.com

Thanks Vimal.

Appreciate your input.

www.custommoldmaker.com

That is a nice topic. My past job in tooling estimation creates this enthusiasm to write back here.

Talking about estimation softwares, we had one from some Malaysian firm (i forgot the name), but even that could not result in correctness and due to which we had made one in excel with VB programming which was better in results, as most labour and costs were custom created. Of course it was more time consuming but accuracy could be controlled. And over all experience counts it all.

regs,
vimal

Hi Bill,

Thanks for your time and effort in highlighting pointers for cost estimation.

I work in mold / molding industry for past 4 years so I definitely understand complexity of mold...so your point taken into consideration...

I double your offer 2 + 2 = 5 cents :0)

Do you know some one who might be or yourself be interested in testing and playing with numbers on this kind of software.

www.custommoldmaker.com

Costing software has a few pitfalls:
If you're wanting to know about molds, you have to have an idea of the complexity of the mold itself. You also have to understand that beyond materials, the labor is (1) out of pocket and (2) what the market will bear. That's the problem.

If we could have some assurance that we could 'balance' labor costs against some index it would be fine. There is no index and therefore it's still a crap shoot.

Software for parts also abound (both free and purchased) also suffers from the fault of the market place.

To answer your question, there isn't anything particularly accurate.

HOWEVER!!!!! When you come down to it, cost is trivial. (no kidding) What really matters is getting good product on time consistently. Anybody who challenges this will have to explain that the concept of expedited delivery, the existence of expeditors, and the authorization of overtime to speed up tooling deliveries has nothing to do with cost or delivery.

My two cents.

Bill Tobin