Simply winning the job is no longer enough.
West Springfield, MA (PRWEB) June 24, 2014
MTI Systems, Inc. announced today the release of “Beyond the Abacus," an article for manufacturing suppliers and OEMs (original equipment manufacturers.)
This article talks about how cost estimating software can save and make more money for any business focused on manufacturing or assembling parts. Written by journalist Kelly C. Richardson, the article shares information about what cost estimating software can do and how it can help manufacturers who are in the business of making or buying manufactured parts.
The “Beyond the abacus” article is designed to help both manufacturing suppliers and OEMs. It discusses what manufacturing businesses should consider when choosing the type of cost estimating method that is right for their business and manufacturing environment.
For example, the article shares how manufacturers are faced with the critical step of winning the bidding war, as well as the risk of the losing the profit margin. It further discusses separating fact from fiction when understanding what cost estimating software technology is, and what it is not.
“Manufacturers, both customers and those seeking a new estimating solution, tell us time and time again,” says James Snow, Marketing Manager for MTI Systems, “that ‘simply winning the job is no longer enough. There must be an acceptable range of potential revenue to make the job worthwhile.'”
While the article talks about estimating software used in a manufacturing environment, it also focuses on operations-critical capabilities included in today’s cost estimating software suites. It shares insight to why manufacturers avoid software technologies. Furthermore, it explains how the advancement in software technology has been paving ways to better estimating solutions for manufacturers across the globe. Read and download the full article, “Beyond the Abacus”.
About MTI Systems Inc.
MTI Systems provides cost estimating software and estimation services, serving both manufacturing suppliers and OEMs worldwide. To explore and test-drive Costimator® for your manufacturing environment contact MTI Systems, 59 Interstate Drive, West Springfield, MA 01089, 800-644-4318/ 413-733-1972.