TOOL & PRODUCT COSTINGMORE TRANSPARENCY FOR TOOL COSTS!
The impact that the costs have in production companies' market competitiveness is the most important issue for these companies, only second to the innovative nature and quality of the product.
Use the Tool Costing application for the professional management of costs with regard to molds, stamping dies and other types of tooling.
Specialist TOOL COSTING SOFTWARE
The globalized markets and the increasing pressure to reduce costs require the mold and tooling costs to be managed in a professional way. Help comes from the Tool Costing application - part of the PCM environment.
PCM (Product Cost Management) is a product costing tool. It makes it possible to quickly determine the price of the future product, profitability, production volume etc. The product manufacturing costs include both materials required for the production (e.g., granules) and production tools. The production tools include injection molds, progressive dies etc.
PCM employs precise analyses which use a ready part to make a highly accurate estimation of the production tooling costs. While pricing e.g., injection molds, PCM analyzes a part and automatically detects the part size, thickness of faces, number and size of ribs, spaces for the slide, inserts etc.
When the analysis is done, the data are transferred to the pricing environment. In this environment you can determine the production region, currency, mold multiplicity, injection runner types etc. You can also determine the percentage share of the tooling maintenance costs (servicing). Based on the above information, PCM computes and generates the material list which specifies times required to complete each operation (boring time, milling time, time spent to prepare each part etc.).
PCM provides the user with several dozen diagrams illustrating the percentage share of each operation. Therefore it is possible to determine very quickly whether it is better to outsource the parts or make them in-house.
In the final stage, PCM generates a summary of costs which is very useful while negotiating with the client. If you have an accurate view of the costs, you can optimize them very quickly. Since any selected parameter of the pricing, e.g., country where the tool is going to be made, can be changed, it is possible to make a competitive offer in a very clear way.
Benefits offered by the integrated costing platform
To make the tooling cost management transparent, you need to develop detailed expertise related to the costs and maximum transparency. The Tool Costing application enables you to:
- reduce the amount of time and effort necessary to prepare cost summaries
- maintain knowledge about the costs within the company thanks to the calculations based on the database
- keep a stronger position while negotiating with suppliers
- get a better return rate on investment by calculations based on tooling variants and changes
- understand the cost drivers and their impact on the entire tooling cost
- ensure better knowledge management for all customers and price analysts
- get support while negotiating the cost structure and having meetings (workshops) with tooling manufacturers and suppliers
- reduce tooling expenditure and make prices more efficient
- achieve target costs through a detailed and verifiable tooling cost analysis
Tooling Pricing based on 3D Design. The Tool Costing software enables parametric calculation of the costs of tooling made with various technologies such as injection molding, high pressure casting, progressive pressing, laser cutting and other based on a 3D model.
To be able to launch the calculations, you simply need to select the technology of the tooling and describe the geometry of parts. It is possible to make a direct analysis and import 3D models directly from NX, CATIA, Pro/ENGINEER and MATERIALISE or from neutral interchange formats such as PARASOLID, IGES, STEP, STL or the JT format.
Reference Data for Cost Analysis
The tool pricing software (Tool Costing) offers access to a wide set of source data. The selection of profiles and locations provided by this database allows using pre-configured data such as specifications, manufacturing techniques and hourly rates. These pieces of information can also be configured so as to meet the customers' requirements. The result is a highly detailed tooling price valuation which allows the user to be flexible when producing cost summaries.
The tool price valuation software - Tool Costing - offers access to a wide set of source data. The selection of profiles and locations provided by this source database allows using pre-configured data such as specifications, manufacturing techniques and hourly rates. These pieces of information can also be configured so as to meet the customers' requirements
The result is a highly detailed tooling price valuation which allows the user to be flexible when producing cost summaries.
The most important features of the solution include:
- parametric price valuation method based on the 3D design
- flexible cost calculations and individual reports
- company-wise knowledge management based on the database platform
- import and export of customized cost summary sheets
- reliable control calculations
- support of all main tooling technologies: injection molding, casting, progressive pressing, laser cutting
The Tool Costing offers a unique possibility to determine interaction between the costs of the tooling and the component with regard to different quantities while ensuring reliability and transparency of the tooling design. To value the product (Product Costing), you combine the tooling price valuation (Tool Costing) and the Teamcenter software to form a fully integrated computational software.
Moreover, the tooling costs within the integrated solution are included
holistically in bills of material and in the product / design program. Cost changes can be automatically updated on the product and design level.
Common Platform for Product and Tool Costs
The tooling quality and design does not only have an influence on the tooling costs but also on the manufactured part unit cost. The part and tooling costs must be generally evaluated for the total costs to be estimated in an optimized way. In practice, most companies lack an integrated system for the calculation of part and tooling costs, which often makes it difficult or impossible to evaluate the total cost.
This is a module for the pricing of tooling, e.g., injection molds and dies. It enables you to make fast and reliable cost summaries. It allows optimising expenditures spent on tooling and ensures better quality provided by suppliers. Due to the complexity of the tooling and increasingly shorter production runs, the pricing is a challenge even to experienced tooling experts and can be done only by means of a highly efficient cost computing system which delivers faster, more accurate and more understandable results based on 3D models.
The set of standard visualization functions in 3D tools, such as measurements and cross-sections, allows to easily and automatically recognize numerous part properties such as pockets, undercuts, ribs and others.
This is a product valuation module which enables manufacturing companies to keep detailed knowledge about costs and ensures maximum transparency in order to achieve excellent quality of the product cost management system. It offers a fast preliminary product cost calculation process and a uniform cost calculation method; it also contains a consistent database. It allows you to use a built-in knowledge database to analyze costs and assume an optimized selling price of a product and it generates a reliable product valuation with a safe error margin.
Tool Costing Synthetics
Tool Costing Synthetics allows you to calculate the costs of various types of tooling which are used in the processes of production of plastics and synthetics. The basic methodology are the parametric reference calculations based on the 3D part geometry.
The Costing Content module provides the user with access to reference data which include technical information about materials and machines, economic information (costs) concerning production plants (hourly rates, interest rates, office costs and production costs, energy costs etc.) and machines (purchase value, maintenance indexes, energy consumption etc.)
This is an optional software aiding the process of defining part geometries for Tool Costing
Magics CalCard Interface package NX, CATIA, Pro/E
It includes the ability to launch Magics CalCard directly from NX, CATIA and Pro/E files.
Product Costing – Calculation
The module allows the user to determine the product price in the system which uses the method of calculation based on an upstream approach (from bottom to top). This method is based on a detailed product structure and determines the use of material costs.
Our business activity is not only limited to software implementation projects. We publish printed handbooks and innovative free eBooks on the Polish market. An additional source of information about the software which we offer are the information materials available in the form of leaflets and video recordings of our webinars. Here you will find detailed descriptions of products and configurations and descriptions of the latest software versions.