“Costimator has increased our estimating speed, accuracy, and consistency between 20 - 40%, which has led to an increase in overall profits by 20%”.
West Springfield, MA (PRWEB) June 26, 2014
MTI Systems, Inc announced today that since the company's cost estimating software was implemented by Automat (Barcelona, Spain) in 2010, they have seen a 20% increase in profits.
Manufacturers worldwide, both suppliers and OEMs (original equipment manufacturers), select Costimator to help them with their estimating challenges. The estimating software offers a wide range of options for both the buyer (OEM) and the seller (supplier); it helps estimators identify shorter manufacturing times and find new ways to manufacture processes, parts, and the finished products at lower costs.
Luis Gerardo Carmona Cruz, Central Negotiations, at Automat explains, “I have estimating experience in machining for over 15 years and I never imagined finding software that could help us simplify and break down each of the costs. Furthermore, the software helps me to have better negotiations, have better control of the information (Prices), and then validate the purchases we make.”
Companies like Automat purchase parts from suppliers; Costimator improves their sales cycles and purchasing processes by reducing the estimating and review time, while providing fast, accurate, and consistent means to reduce part costs. The result is a win-win for both supplier and OEM.
Cruz concludes by saying, “Costimator has increased our estimating speed, accuracy, and consistency between 20 - 40%, which has led to an increase in overall profits by 20%."
Read their complete case study: "Costimator® Should Cost Software Increases Profits for Automat"
Automat (Barcelona, Spain), a ferrous wire industry supplier founded in 1987, is dedicated to the design and manufacture of machines for manufacturing ferrous wires and wire coatings. Its facilities are comprised of engineering, research, administrative, production services in order to manufacture more efficient, cleaner, and ergonomic machine designs engaged for the wire production industry.
As a worldwide distributor of machines and processes for the manufacture of ferrous wire, Automat outsources machined and fabricated components that go into the wire equipment that they sell. Examples of these parts include drive gear shafts and camshafts, which both are used to spool or wind coils of ferrous wire.
About Costimator Software:
Costimator® cost estimating and quoting software began development in 1982. Originally designed for suppliers, it reduces estimating time while not compromising accuracy or consistency for manufacturers who do machining, fabrication and mechanical assembly. The cost estimating software system calculates cycle times and the cost of manufacturing a part or assembly based on the capabilities of the suppliers’ equipment and their shop rates.
About MTI Systems, Inc:
MTI Systems provides cost estimating software and estimating services to manufacturers worldwide, serving both suppliers and OEMs. Since 1982, Costimator has been implemented at over 1,500 companies with over 12,000-trained users. For more details, or to register for a free demonstration, contact MTI Systems, West Springfield, Massachusetts, 800-644-4318/ 413-733-1972 or visit http://www.mtisystems.com.