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Estimating – Made To Order Manufacturing David Ferguson President MIE Solutions
Overview We are going to investigate the estimating process in a made to order manufacturing environment Request For Quote (RFQ) Management Material Estimating Operation Estimating Large Assemblies Competition
What Is Estimating? 	Estimating is the process to determine a price for goods and services you provide.  Elements of an Estimate are as follows Labor Materials Sub Contractors Profit
What Is Made To Order Manufacturing? Jobs Shops ,[object Object]
Engineer To Order
Contract Manufacturing
Product Line
Configuration Orders
Hybrid ,[object Object]
Who Are You? 	Prior to receiving a purchase order the buyer needs to know you exist! Create A Website ,[object Object]
Submit your website to the major search engines, .i.e. Google, Yahoo, Bing
Submit your website to the industrial directories on the internet.,[object Object]
Industrial Directories
Silent Auctions, Standard Auctions, Reverse Auctions
Google Adwords
Existing Buyers,[object Object]
Industrial Directories 	There are many industrial directories on the web including http://www.thomasnet.com http://www.globalspec.com http://www.mie-exchange.com/idir
Auctions
Existing Buyers 	Existing relationships is one of the most affective ways to get new work.
Organizing RFQ’s Ways to organize Request For Quote Log Prioritizing Request For Quotes Capture Rates
Prioritize Prioritize Request For Quotes
Capture Rates
Request For Quote Log
Operations What is Setup Time?
What is Setup Time?
What is Cycle Time?
Shop Rates What is Overhead Absorption? Income Sheet How To? What is your Sell Rate?
Income Sheet
What is Overhead Absorption
What is Sell Rate
Operations Departments Work Centers Operations Guessing with a Dartboard Real Life Example

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MIE Solutions Presenting Estimating Made to Order Manufacturing

Editor's Notes

  1. http://books.google.com/books?id=OXq_lisPORcC&pg=PA1&lpg=PA1&dq=what+is+estimating&source=bl&ots=fQj-HZja2J&sig=KSTN32NT_jrRLOusYu3uEVsbvgM&hl=en&ei=bPCFSrzqC4fatgOG7OGUDA&sa=X&oi=book_result&ct=result&resnum=5#v=onepage&q=&f=false
  2. Give a definition of each and how estimating is affected.
  3. Examples Google Keywords Searches and how many people searchEVS Example - They were there, answered the phone, multi-million dollar contract awarded
  4. Examples Give Pro’s and Con’s of each of these items listed.
  5. Examples Give Pro’s and Con’s of each of these items listed.
  6. Examples Give Pro’s and Con’s of each of these items listed.
  7. Examples Give Pro’s and Con’s of each of these items listed.
  8. Examples Give Pro’s and Con’s of each of these items listed.
  9. Examples Give Pro’s and Con’s of each of these items listed.
  10. Examples Give Pro’s and Con’s of each of these items listed.
  11. Examples Give Pro’s and Con’s of each of these items listed.
  12. Examples Give Pro’s and Con’s of each of these items listed.
  13. Examples Give Pro’s and Con’s of each of these items listed.