Cost Estimation

Cost estimation is an important task for the automotive industry. In a competitive market, profits and losses are determined by the ability to estimate costs early in the planning and bidding phases. With ever shorter delivery times and more and more competitive prices, the automotive industry is facing almost impossible challenges. Every day, engineers must deal with questions regarding costs, such as how can costs be reliably predicted before process engineering has started, what assumptions should the quote be based on or how should these figures be adjusted to take into account changes in product, process or market conditions?

Cost estimation has traditionally been done using personally or commercially developed Microsoft Excel-based worksheets. This approach requires the engineer to describe the sheet metal part and/or tool in great detail by manually inputting a large amount of data. This process is not always advantageous as firstly, it leads to a lack of transparency and reproducibility in determining costs and secondly, carrying out the cost estimation for a complete tool set is very time-consuming and cumbersome.

Continuously offering state-of-the-art software solutions, AutoForm has developed a Solution for Planning & Bidding, which enables rapid and transparent cost estimation associated with the production of automotive body parts. Using the best information available, this solution provides the engineer, designer or cost analyst with reasonable estimations for the proposed stamping process. As a result, tens or even a hundred cost estimations can be made a day, meeting deadlines for budgets, resource plans and quotations. Cost estimation in the planning and bidding phases enables a cost optimized manufacturing process. AutoForm’s Solution for Planning & Bidding sends a clear message to planners and estimators “estimate better and faster, already early in the planning and bidding phases and benefit from early cost estimation”.

Related Products:





AutoForm-ProcessPlanner – Software for Effective Process Planning

AutoForm-CostEstimator – Software for Estimation of Tooling Costs Early in Planning & Bidding

AutoForm-StampingAdviser – Software for Engineering Manufacturable Sheet Metal Parts


Planning & Bidding I

Planning & Bidding II

Study Case:

Successful Calculation in Tool Making

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