The document discusses methods for calculating tool costs in tool making. It describes the challenges of calculating costs for unique tools produced in low lot sizes. An effective calculation process includes quotation, ongoing, and post-calculation phases. Common methods include expert estimates, cost functions using past project data, and analytical approaches. While expert estimates require little startup cost, they lack precision. Cost functions provide more accuracy if the database is maintained but require initial investment. The document emphasizes establishing a systematic and standardized calculation process to improve cost estimation for tool making projects.
Accelerating Machine Learning as a Service with Automated Feature EngineeringCognizant
Building scalable machine learning as a service, or MLaaS, is critical to enterprise success. Key to translate machine learning project success into program success is to solve the evolving convoluted data engineering challenge, using local and global data. Enabling sharing of data features across a multitude of models within and across various line of business is pivotal to program success.
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...Tommy Toy
- Data-driven business processes are becoming essential for companies as data generation and analytics capabilities grow increasingly important.
- Many companies are looking to outsource their analytics and data science functions to meet demand for faster innovation while overcoming fragmented in-house solutions.
- There are various models for outsourcing analytics, including project-based work, staff augmentation, and creating centers of excellence either onshore, offshore, or in a hybrid model. Key decisions include what capabilities to outsource and who will manage the outsourcing process.
Microsoft Azure is a cloud computing platform and service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers. It provides software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) and supports many different programming languages, tools and frameworks, including both Microsoft-specific and third-party software and systems.
This document discusses applying transaction cost theory to analyze the economics of cloud computing from the customer perspective. It conducted interviews with cloud vendors, customers, and consultants to understand various costs associated with cloud computing beyond just the pricing. The findings indicate that cloud computing has high "asset specificity" due to costs of change management, additional services, and business process reengineering. It also has high levels of "uncertainty" requiring management of contracts, cloud-specific monitoring solutions, and legal compliance reviews. However, cloud computing has high "transaction frequency" which can compensate for the costs of uncertainty and asset specificity. The goal of the research is to provide a more comprehensive understanding of the total costs of cloud computing.
Special Project, Challenges of IT ImplementationTonjeB
Implementing new technologies presents many challenges for companies. Constant changes in technology, customer needs, and product life cycles make it difficult for companies to keep up. Employees also need continuous training to adjust to new technologies. A clear strategy and communication between management and employees is important for successful implementation. The eight step model provides a framework for identifying, planning, and integrating technologies that meet business needs and lead to long-term success. Focusing on both efficiency and effectiveness throughout the implementation process helps companies overcome challenges and realize the advantages of new technologies.
Artificial Intelligence in Financial Services: From Nice to Have to Must HaveCognizant
AI is moving beyond experimentation to become a competitive differentiator in financial services — delivering a hyper-personalized customer experience, improving decision-making and boosting operational efficiency, our recent primary research reveals. Yet, many financial services companies will need to accelerate their efforts to infuse AI across the value chain while preparing for the next generation of evolutionary neural network technologies to keep pace with more forward-thinking players.
The document discusses the four phases - standardization, usability, consumerization, and foundationalization - through which breakthrough technologies like computing and the internet progressed from limited research projects to widespread adoption and integration into society. It argues artificial intelligence is following a similar path, starting with standardization efforts, then a focus on usability, large-scale consumer adoption, and ultimately becoming an invisible foundation of digital infrastructure and activities. Understanding these phases can help organizations properly position themselves to benefit from AI's development and value.
Accelerating Machine Learning as a Service with Automated Feature EngineeringCognizant
Building scalable machine learning as a service, or MLaaS, is critical to enterprise success. Key to translate machine learning project success into program success is to solve the evolving convoluted data engineering challenge, using local and global data. Enabling sharing of data features across a multitude of models within and across various line of business is pivotal to program success.
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...Tommy Toy
- Data-driven business processes are becoming essential for companies as data generation and analytics capabilities grow increasingly important.
- Many companies are looking to outsource their analytics and data science functions to meet demand for faster innovation while overcoming fragmented in-house solutions.
- There are various models for outsourcing analytics, including project-based work, staff augmentation, and creating centers of excellence either onshore, offshore, or in a hybrid model. Key decisions include what capabilities to outsource and who will manage the outsourcing process.
Microsoft Azure is a cloud computing platform and service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers. It provides software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) and supports many different programming languages, tools and frameworks, including both Microsoft-specific and third-party software and systems.
This document discusses applying transaction cost theory to analyze the economics of cloud computing from the customer perspective. It conducted interviews with cloud vendors, customers, and consultants to understand various costs associated with cloud computing beyond just the pricing. The findings indicate that cloud computing has high "asset specificity" due to costs of change management, additional services, and business process reengineering. It also has high levels of "uncertainty" requiring management of contracts, cloud-specific monitoring solutions, and legal compliance reviews. However, cloud computing has high "transaction frequency" which can compensate for the costs of uncertainty and asset specificity. The goal of the research is to provide a more comprehensive understanding of the total costs of cloud computing.
Special Project, Challenges of IT ImplementationTonjeB
Implementing new technologies presents many challenges for companies. Constant changes in technology, customer needs, and product life cycles make it difficult for companies to keep up. Employees also need continuous training to adjust to new technologies. A clear strategy and communication between management and employees is important for successful implementation. The eight step model provides a framework for identifying, planning, and integrating technologies that meet business needs and lead to long-term success. Focusing on both efficiency and effectiveness throughout the implementation process helps companies overcome challenges and realize the advantages of new technologies.
Artificial Intelligence in Financial Services: From Nice to Have to Must HaveCognizant
AI is moving beyond experimentation to become a competitive differentiator in financial services — delivering a hyper-personalized customer experience, improving decision-making and boosting operational efficiency, our recent primary research reveals. Yet, many financial services companies will need to accelerate their efforts to infuse AI across the value chain while preparing for the next generation of evolutionary neural network technologies to keep pace with more forward-thinking players.
The document discusses the four phases - standardization, usability, consumerization, and foundationalization - through which breakthrough technologies like computing and the internet progressed from limited research projects to widespread adoption and integration into society. It argues artificial intelligence is following a similar path, starting with standardization efforts, then a focus on usability, large-scale consumer adoption, and ultimately becoming an invisible foundation of digital infrastructure and activities. Understanding these phases can help organizations properly position themselves to benefit from AI's development and value.
Printing the Future: From Prototype to ProductionCognizant
Additive manufacturing (AM) such as 3-D printing heralds a new industrial revolution. We offer a framework for analyzing capabilities and implementing AM technologies to help you smoothly move from prototyping to volume production.
Challenges in implementation of technology in businessBala Gayathirri
The document discusses the implementation of technology in business. It outlines several technologies used in business like mobile devices, computers, software, and networking. It then discusses challenges to implementing technologies in business like uncertainty, the need for senior leadership support, ensuring technologies are easy to use, and shortages of skilled labor. The conclusion states that while there are challenges, technology provides advantages for businesses and is necessary for profits and goals.
1. The report provides a benchmark analysis of Cape Rock Ltd's business technology solutions compared to a chosen benchmark group.
2. It assesses the maturity and functionality of Cape Rock Ltd's applications, infrastructure, and IT services in key solution areas.
3. The report also outlines top development trends, popular solutions and providers, and satisfaction ratings within the benchmark group to help Cape Rock Ltd evaluate opportunities to improve support for their business needs.
This newsletter from the International Controller Association discusses how Big Data is changing the role of managers and controllers. It outlines three phases of using data in decision making (Analytics 1.0-3.0) and how controllers must now help integrate Big Data analytics across company processes, products, and business models. A key challenge is improving data quality, as poor quality undermines trust in information. The newsletter also summarizes the winners of the 2013 Green Controlling Prize - Stuttgart Airport for its "fairport Controlling" project and Volkswagen AG for its "Think Blue. Factory" initiative to reduce environmental impact through standardized indicators, over 140 measures, and new technologies.
Modernizing the Enterprise Monolith: EQengineered Consulting Green PaperMark Hewitt
Are you an enterprise that recognizes the business liability inherent in the monolithic or otherwise dated enterprise software applications you have built? Does your technology represent an impediment to the needed agility and flexibility required to meet the needs of today’s business environment?
Historically, enterprise software development focused on an approach that incorporated all functionality into a single process, and replicated it across servers as additional capacity was required. Today, these large applications have become bloated and unmanageable as new features and functionality are added. And, as small changes are made to existing functionality, the requirements to update and redeploy the server-side application becomes an intractable juggernaut.
Forward-thinking organizations like Amazon and Netflix led the way toward agile processes, deconstructed software stacks, and efficient APIs. Both large and small organizations serious about embracing modern practices have followed by decoupling the front and back end of their enterprise applications, employing microservices and cloud technologies, and adopting agile methodologies. These very steps can serve to highlight additional technical deficits in old solutions and codebases, which in turn become stumbling blocks to modern development practices.
As these technology trends continue to evolve, how can your company keep pace and remain viable?
In this green paper, we discuss how CIOs, CTOs, and VPs of Engineering can lead the needed modernization with their counterparts in marketing and the business to ensure that their organizations remain competitive in today’s customer-driven and technology-led economy.
Key questions addressed include:
• Why is technical modernization vital for the business?
• What types of modernization projects are there?
• How does modernization fit into your organization?
Processes in the Networked Economies: Portal, Vortex, and Dynamic Trading Pro...Amit Sheth
Amit Sheth, Keynote at the Software Architectures for Business Process Management (SABPM'99) Workshop at CAiSE *99, Heidelberg, June 1999.
Processes will be chief differentiating and the competitive force indoing business in the networked economy. They will be deeply integrated with the way of doing business, and that they will be
critical components of almost all types of systems supporting enterprise-level and business critical activities.
http://knoesis.org/amit
Processes Driving the Networked Economy: Process Portals, Process Vortex and ...Amit Sheth
Amit Sheth's keynote at SABPM '99: Software Architectures for Business Process Management, (Workshop at the CAiSE*99, Heidelberg, Germany, June 14-15, 2009.
http://www.informatik.uni-hamburg.de/cgi-bin/TGI/pnml/getpost?id=1999/04/1203
Related paper: http://knoesis.org/library/resource.php?id=00246
The document outlines an agenda for an enterprise architecture workshop. It will cover the Archimate modeling language and Archi modeling tool. It describes enterprise architecture as a process to identify stakeholder concerns, address them through requirements, and create models to show how concerns and requirements are addressed. It also provides an overview of the Archimate modeling layers and aspects as well as examples of baseline, target, and gap analysis models. Links to additional enterprise architecture resources are also included.
This is a class presentation on the Emerging Technology Analysis Canvas (ETAC), a framework to assess emerging technologies. It was created for students in a course on emerging technologies.
Examination into it & competitive strategies within constructionsai0513
The document discusses information technology and competitive strategies in construction industry. It explains that IT and new technologies can provide competitive advantage through cost leadership, differentiation, innovation and operational effectiveness strategies. It also discusses various design and engineering software like AutoCAD, Revit, STAAD Pro, SAP2000, Microsoft Project, Primavera and Prism used in construction industry. Finally, it talks about the need for building information modeling (BIM) and modern construction methods like offsite construction to improve quality, efficiency and skills in the industry.
To address the inter-relationship about organization structure, process, activities and information and how process management can improve the productivity.
www.mtech.com.hk
The document outlines Microsoft's Innovation Management Framework, which provides best practices and a technology roadmap for managing innovation. The framework addresses innovation challenges through processes like Envision, Engage, Evolve, Evaluate and Execute. It also discusses the importance of leadership, culture and formalizing innovation processes. Case studies and technologies are presented to illustrate how companies can improve innovation performance. The framework is intended to help companies develop comprehensive strategies for managing innovation.
EB Software provides CAD and PLM integration solutions to help organizations streamline product design and development. It offers services from initial proof of concept work to optimization of CAD-PLM integration and custom extensions. EB Software's solutions help reduce product development time and costs by enhancing collaboration within organizations. The company aims to continue evolving its technologies to address data, process, and knowledge management across CAD, PDM, and PLM systems.
The Work Ahead in Manufacturing: Fulfilling the Agility MandateCognizant
Manufacturers are ahead of other industries in IoT deployments but lag in investments in analytics and AI needed to maximize IoT's benefits. While many have IoT pilots, few have implemented machine learning at scale to analyze sensor data and optimize processes. To fully digitize manufacturing, investments in automation, analytics, and AI must increase from the current 5.5% of revenue to over 11% to integrate IT, OT, and PT across the value chain.
Cognizant -- New Business Models through CollaborationsPistoia Alliance
The Pistoia Alliance Conference in April 2011 included a series of 10-minute "lightning talks" from vendors about what they think pharma will look like in 2020. This presentation was delivered by Jack Angier of Cognizant.
Enterprise Applications Modernization, Issues and OpportunitiesIJARIIT
The Enterprise application complexity of enterprises has assumed gigantic proportions in last 3-4 decades. In large enterprises, thousands of applications run on varied platforms. IT is not able to cater to the fast changing business needs as productivity is hindered by the soloed and duplicate applications. One of the key objectives of CIOs in 2015 onwards is to how to make future ready of the Enterprise applications so that they can meet the macro-economic business challenges of the modern day.
This paper examines the major business challenges and drivers for enterprise application modernization, key benefits of optimization and modernization.
Evolution of pdm plm technology & value to the industryStephen Au
BIM Lecture Note (2/6)
Objectives
* The importance of discipline business execution in today’s enterprises management
* To understand how PLM technology sustain product innovation
* The value of using PLM in manufacturing industry
Question
* What if building construction industry can apply the same technology ?
* What are the similarity and what are the difference?
www.mtech.com.hk
The 24-hour Siemens hackathon in Princeton, NJ brought together employees from different business units to collaborate and develop innovative concepts. Teams created projects in areas like remote infrastructure inspections, interactive data visualization, and cybersecurity monitoring. The winning project, SINET, proposed using cloud-based analytics with mobile devices to improve remote equipment inspections. Two runners up were OVERCASTIC for interactive management visualization and H@ck4B33r for a cybersecurity monitoring app. An invitation was extended to participate in the 2016 hackathon to further foster cross-unit collaboration and develop new innovations for Siemens.
This 3 sentence summary provides an overview of the key points from the document:
The document reports on an internship at an R&D department where the intern redesigned an air conditioning unit for a small bus using Solidworks. It discusses the characteristics of automotive air conditioning systems and challenges not encountered in stationary systems. The intern's training included redesigning an air conditioning unit using 3D modeling software.
This document provides an overview of supply chain management (SCM), including a definition, the importance of SCM, how it is applied today and expected to evolve in the future. It discusses key SCM principles and benefits, such as integrated management across organizations to improve customer satisfaction, increase sales and reduce costs. The document also gives examples of how SCM techniques have been implemented in various industries to reduce order-to-delivery times and improve profitability.
Design and Engineering Module 3: Prototype to ProductNaseel Ibnu Azeez
As per KTU Syllabus Design and Engineering
Prototyping- rapid prototyping; testing and evaluation of design; Design modifications; Freezing the design; Cost analysis. Engineering the design – From prototype to product.
Planning; Scheduling; Supply chains; inventory; handling; manufacturing/construction operations; storage; packaging; shipping; marketing; feed-back on design.
Printing the Future: From Prototype to ProductionCognizant
Additive manufacturing (AM) such as 3-D printing heralds a new industrial revolution. We offer a framework for analyzing capabilities and implementing AM technologies to help you smoothly move from prototyping to volume production.
Challenges in implementation of technology in businessBala Gayathirri
The document discusses the implementation of technology in business. It outlines several technologies used in business like mobile devices, computers, software, and networking. It then discusses challenges to implementing technologies in business like uncertainty, the need for senior leadership support, ensuring technologies are easy to use, and shortages of skilled labor. The conclusion states that while there are challenges, technology provides advantages for businesses and is necessary for profits and goals.
1. The report provides a benchmark analysis of Cape Rock Ltd's business technology solutions compared to a chosen benchmark group.
2. It assesses the maturity and functionality of Cape Rock Ltd's applications, infrastructure, and IT services in key solution areas.
3. The report also outlines top development trends, popular solutions and providers, and satisfaction ratings within the benchmark group to help Cape Rock Ltd evaluate opportunities to improve support for their business needs.
This newsletter from the International Controller Association discusses how Big Data is changing the role of managers and controllers. It outlines three phases of using data in decision making (Analytics 1.0-3.0) and how controllers must now help integrate Big Data analytics across company processes, products, and business models. A key challenge is improving data quality, as poor quality undermines trust in information. The newsletter also summarizes the winners of the 2013 Green Controlling Prize - Stuttgart Airport for its "fairport Controlling" project and Volkswagen AG for its "Think Blue. Factory" initiative to reduce environmental impact through standardized indicators, over 140 measures, and new technologies.
Modernizing the Enterprise Monolith: EQengineered Consulting Green PaperMark Hewitt
Are you an enterprise that recognizes the business liability inherent in the monolithic or otherwise dated enterprise software applications you have built? Does your technology represent an impediment to the needed agility and flexibility required to meet the needs of today’s business environment?
Historically, enterprise software development focused on an approach that incorporated all functionality into a single process, and replicated it across servers as additional capacity was required. Today, these large applications have become bloated and unmanageable as new features and functionality are added. And, as small changes are made to existing functionality, the requirements to update and redeploy the server-side application becomes an intractable juggernaut.
Forward-thinking organizations like Amazon and Netflix led the way toward agile processes, deconstructed software stacks, and efficient APIs. Both large and small organizations serious about embracing modern practices have followed by decoupling the front and back end of their enterprise applications, employing microservices and cloud technologies, and adopting agile methodologies. These very steps can serve to highlight additional technical deficits in old solutions and codebases, which in turn become stumbling blocks to modern development practices.
As these technology trends continue to evolve, how can your company keep pace and remain viable?
In this green paper, we discuss how CIOs, CTOs, and VPs of Engineering can lead the needed modernization with their counterparts in marketing and the business to ensure that their organizations remain competitive in today’s customer-driven and technology-led economy.
Key questions addressed include:
• Why is technical modernization vital for the business?
• What types of modernization projects are there?
• How does modernization fit into your organization?
Processes in the Networked Economies: Portal, Vortex, and Dynamic Trading Pro...Amit Sheth
Amit Sheth, Keynote at the Software Architectures for Business Process Management (SABPM'99) Workshop at CAiSE *99, Heidelberg, June 1999.
Processes will be chief differentiating and the competitive force indoing business in the networked economy. They will be deeply integrated with the way of doing business, and that they will be
critical components of almost all types of systems supporting enterprise-level and business critical activities.
http://knoesis.org/amit
Processes Driving the Networked Economy: Process Portals, Process Vortex and ...Amit Sheth
Amit Sheth's keynote at SABPM '99: Software Architectures for Business Process Management, (Workshop at the CAiSE*99, Heidelberg, Germany, June 14-15, 2009.
http://www.informatik.uni-hamburg.de/cgi-bin/TGI/pnml/getpost?id=1999/04/1203
Related paper: http://knoesis.org/library/resource.php?id=00246
The document outlines an agenda for an enterprise architecture workshop. It will cover the Archimate modeling language and Archi modeling tool. It describes enterprise architecture as a process to identify stakeholder concerns, address them through requirements, and create models to show how concerns and requirements are addressed. It also provides an overview of the Archimate modeling layers and aspects as well as examples of baseline, target, and gap analysis models. Links to additional enterprise architecture resources are also included.
This is a class presentation on the Emerging Technology Analysis Canvas (ETAC), a framework to assess emerging technologies. It was created for students in a course on emerging technologies.
Examination into it & competitive strategies within constructionsai0513
The document discusses information technology and competitive strategies in construction industry. It explains that IT and new technologies can provide competitive advantage through cost leadership, differentiation, innovation and operational effectiveness strategies. It also discusses various design and engineering software like AutoCAD, Revit, STAAD Pro, SAP2000, Microsoft Project, Primavera and Prism used in construction industry. Finally, it talks about the need for building information modeling (BIM) and modern construction methods like offsite construction to improve quality, efficiency and skills in the industry.
To address the inter-relationship about organization structure, process, activities and information and how process management can improve the productivity.
www.mtech.com.hk
The document outlines Microsoft's Innovation Management Framework, which provides best practices and a technology roadmap for managing innovation. The framework addresses innovation challenges through processes like Envision, Engage, Evolve, Evaluate and Execute. It also discusses the importance of leadership, culture and formalizing innovation processes. Case studies and technologies are presented to illustrate how companies can improve innovation performance. The framework is intended to help companies develop comprehensive strategies for managing innovation.
EB Software provides CAD and PLM integration solutions to help organizations streamline product design and development. It offers services from initial proof of concept work to optimization of CAD-PLM integration and custom extensions. EB Software's solutions help reduce product development time and costs by enhancing collaboration within organizations. The company aims to continue evolving its technologies to address data, process, and knowledge management across CAD, PDM, and PLM systems.
The Work Ahead in Manufacturing: Fulfilling the Agility MandateCognizant
Manufacturers are ahead of other industries in IoT deployments but lag in investments in analytics and AI needed to maximize IoT's benefits. While many have IoT pilots, few have implemented machine learning at scale to analyze sensor data and optimize processes. To fully digitize manufacturing, investments in automation, analytics, and AI must increase from the current 5.5% of revenue to over 11% to integrate IT, OT, and PT across the value chain.
Cognizant -- New Business Models through CollaborationsPistoia Alliance
The Pistoia Alliance Conference in April 2011 included a series of 10-minute "lightning talks" from vendors about what they think pharma will look like in 2020. This presentation was delivered by Jack Angier of Cognizant.
Enterprise Applications Modernization, Issues and OpportunitiesIJARIIT
The Enterprise application complexity of enterprises has assumed gigantic proportions in last 3-4 decades. In large enterprises, thousands of applications run on varied platforms. IT is not able to cater to the fast changing business needs as productivity is hindered by the soloed and duplicate applications. One of the key objectives of CIOs in 2015 onwards is to how to make future ready of the Enterprise applications so that they can meet the macro-economic business challenges of the modern day.
This paper examines the major business challenges and drivers for enterprise application modernization, key benefits of optimization and modernization.
Evolution of pdm plm technology & value to the industryStephen Au
BIM Lecture Note (2/6)
Objectives
* The importance of discipline business execution in today’s enterprises management
* To understand how PLM technology sustain product innovation
* The value of using PLM in manufacturing industry
Question
* What if building construction industry can apply the same technology ?
* What are the similarity and what are the difference?
www.mtech.com.hk
The 24-hour Siemens hackathon in Princeton, NJ brought together employees from different business units to collaborate and develop innovative concepts. Teams created projects in areas like remote infrastructure inspections, interactive data visualization, and cybersecurity monitoring. The winning project, SINET, proposed using cloud-based analytics with mobile devices to improve remote equipment inspections. Two runners up were OVERCASTIC for interactive management visualization and H@ck4B33r for a cybersecurity monitoring app. An invitation was extended to participate in the 2016 hackathon to further foster cross-unit collaboration and develop new innovations for Siemens.
This 3 sentence summary provides an overview of the key points from the document:
The document reports on an internship at an R&D department where the intern redesigned an air conditioning unit for a small bus using Solidworks. It discusses the characteristics of automotive air conditioning systems and challenges not encountered in stationary systems. The intern's training included redesigning an air conditioning unit using 3D modeling software.
This document provides an overview of supply chain management (SCM), including a definition, the importance of SCM, how it is applied today and expected to evolve in the future. It discusses key SCM principles and benefits, such as integrated management across organizations to improve customer satisfaction, increase sales and reduce costs. The document also gives examples of how SCM techniques have been implemented in various industries to reduce order-to-delivery times and improve profitability.
Design and Engineering Module 3: Prototype to ProductNaseel Ibnu Azeez
As per KTU Syllabus Design and Engineering
Prototyping- rapid prototyping; testing and evaluation of design; Design modifications; Freezing the design; Cost analysis. Engineering the design – From prototype to product.
Planning; Scheduling; Supply chains; inventory; handling; manufacturing/construction operations; storage; packaging; shipping; marketing; feed-back on design.
This document summarizes a report on developing a total cost model for additive manufacturing (AM), also known as 3D printing. It conducted experiments using laser sintering (LS) and selective laser melting (SLM) to understand build failure rates, manual post-processing costs, and how costs decrease with higher machine utilization. The results provide a methodology to analyze the full economic costs of AM and understand when it may have a viable business case compared to traditional manufacturing.
For Milestone Three, you drafted your campaign outline with your.docxAKHIL969626
For Milestone Three, you drafted your campaign outline with your final selection of the three to five digital tools that will be employed.
However, this outline is general in nature and not specific to the client in your campaign.
Please see the embedded Rubric for grading details.
Social Trends
You identify current social trends. You do not describe how the company should be communicating.
Target Audience
You did not identify the target audience, using clear and specific examples. You did not show how the digital tools can be used to reach the target audience.
Digital Tools
You recommend three to five digital tools for the digital campaign. You did not substantiate the recommendations with research.
Brand Imaging Strategies
You describe brand imaging strategies that can be employed. You di not use specific and relevant details. You did not develop an engaging theme.
Future Trends
You evaluate future trends and recommend how to engage upon these trends. You use research to substantiate your ideas.
Articulation of Response
Your submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy to read format. You did have APA style errors. Please see this link for reference: https://owl.english.purdue.edu/owl/resource/560/01/
You would benefit from contacting the Online Writing Center about the proper use of APA style. The SNHU Online Writing Center is staffed with writing coaches who can work one on one with you to guide the writing process. Simply:
• Click “Course Tools” from the main menu;
• Navigate to the Writing Center’s “Submit Your Paper for Written Feedback and Support” icon;
• Follow the instructions to be taken to the Paper Center;
• Upload your paper as a PDF.
You will receive feedback as a downloadable file in the Paper Center within 48 hours.
I would suggest you rework and resubmit this Milestone assignment.
Project Metrics, Monitoring, and Control
Module 5: Learning curves
Page 1 of 2PJM535 - Module 5: Learning curves
9/19/2016https://coursecms.csuglobal.edu/file/ed1d4003-dfb2-4a99-948f-6ddaedb0a255/1/production/PJM535_5/pjm535...
1. Theory of Learning Curves
Project management philosophy may state that experience curves are based on the old adage that “practice makes perfect.”
A service or product can always be made better and in less time in each succeeding attempt. In the 1960’s, true implications of
experience curves became evident. Companies such as Boston Consulting Group showed that each time cumulative production doubled,
the total manufacturing time and cost fell by a constant and predictable amount (Kerzner, 2009). Projects with repeatable processes
have the same effect, meaning product deliverables are met earlier and at less cost.
Today’s management often measures the profitability of a corporation as a function of market share. As the market share increases,
profitability will increase because of lower prod ...
Om0013 advanced production and operations managementsmumbahelp
This document provides information about getting fully solved assignments. It gives a mail ID and phone number to contact for assignment help. It provides details like the semester, subject code, name, credits and marks for the Advanced Production and Operations Management subject. It also includes sample questions and answers related to the subject matter. The questions cover topics like types of operational strategies, computer-aided manufacturing, applications of just-in-time, new product development, V4L principles and demand management.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
What is supply chain management programBrijesh Kandu
The Supply Chain Management Program integrates topics from manufacturing operations, purchasing, transportation, and physical distribution into a unified program. Successful supplychain management, then, coordinates and integrates all of these activities into a seamless process.
This document provides an overview of supply chain management (SCM). It defines SCM as coordinating all activities involved in procuring raw materials and moving final products to customers. These activities include transportation, warehousing, and information flow throughout the supply chain. The document emphasizes the importance of integrating partners within and outside an organization such as suppliers, distributors, and customers. Faster delivery of products to customers is critical for gaining market share and profits. An example is provided of a manufacturer that was able to reduce order fulfillment times from 6-9 weeks to less than 3 weeks by analyzing and improving information and material flows across its entire supply chain. This doubled sales volumes and increased profits without requiring new technology.
This document provides an overview of supply chain management (SCM). It defines SCM as coordinating and integrating all logistics activities from sourcing to consumption to deliver value for customers. The importance of SCM is described as enabling companies to get products to customers faster than competitors to gain a competitive advantage in sales and market share. An example is provided of how a manufacturer was able to reduce order processing time from 6-9 weeks to less than 3 weeks through SCM practices, doubling sales and profits as a result.
DC10 Walter Ganz - keynote - The challenge of testing innovative servicesJaak Vlasveld
Walter Ganz from the Fraunhofer Institute for Industrial Engineering is presenting at the DC10 Service Innovation Congress, organized by Exser and partners. See http://www.exser.nl/jaarcongres/ for more information.
A Broad Study on Lead Time Reduction using Value Stream Mapping Techniques in...IRJET Journal
This document summarizes a study on using value stream mapping techniques to reduce lead time in manufacturing industries. Value stream mapping is a lean tool that visually depicts the flow of materials and information currently and in the future state to identify and eliminate waste. The study reviews literature on applications of value stream mapping in various industries like electronics, automotive, and garment manufacturing. Implementing value stream mapping and other lean tools helped industries reduce lead time, work in process inventory, and improve productivity and throughput.
Process mining is a technology from the field of business process management, it creates and analyzes business processes on the basis of digital traces in IT systems. Unlike conventional business process analysis, process mining uses event logs to automatically generate a process model. That gives a detailed overview about all the process instances. Potential bottlenecks during the process flow can be detected in the analysis. In the project described, a change management process in co-operation with the MLP Finanzdienst-leistungen AG has been analyzed. The most common tools were used and further-more compared in detail.
This document has 2 pages, very similar but adapted for both teams who worked independently.
The document discusses an upcoming report from the Dream Factory of the International Controller Association titled "Big Data - Potential for the controller". The report will be presented at the 39th Controller Congress in May and examines how controllers can leverage big data. The newsletter provides a preview of the report by looking at real-world big data applications in various parts of the automotive value chain, from development to logistics to sales. It also discusses how controllers can incorporate big data into key management processes like information systems and planning/control systems.
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Estimation of Manufacturing Costs in the Early Stages of Product Development ...IJMER
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ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
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5. Successful Calculation in Tool Making
4
4
Spotlight For tool rooms, a successful
calculation of costs is an
important prerequisite for
their own ability to compete.
With a lot size of one, this
calculation is a major chal-
lenge within the tool making
industry. It is composed of a
company-specific approach, a
reproducible classification
and an intelligent back-cou-
pling of information. The
application of established
methods of calculation and
the employment of efficient
aids can assist the calculation
process in an optimal way. In
the tool making industry, an
efficient calculation of costs is
achieved by addressing the
success factors of exactness,
transparence, speed, system-
atization and automation.
6. Kalkulation im Werkzeugbau
Successful Calculation in Tool Making
5
5
36 %
31,500 €
assignment rate
investment in calculation software and further
training measures in the last three years
Tool companies with a
successful calculation
reach a high assignment
rate through a fast and
exact calculation.
Tool companies with a
successful calculation
continuously invest in
calculation software and
further training
measures.
3.7 days
3.3 hours
time until a quotation request is answered
with a quotation
pure working time to generate a quotation
Tool companies with a
successful calculation
quickly handle and
answer requests.
7. Successful Calculation in Tool Making
6
The Golden Gate Bridge: the bridge that
connects the strait between San Francisco
Bay and the Pacific Ocean. It is seen as the
queen of bridges and spans 1.5 km of stormy
sea. It owes its erection to a mixture of
idealism, technical brilliance and reckless
construction work. The structure weighs
887,000 tons in total. Each of the two towers
is held together by 600,000 rivets. Every day,
120,000 vehicles cross the bridge, with an
approximate increase of 10 % every year.
In 1930, the city planner of San Francisco
Michael O’Schaughnessy began a search for
experienced engineers. The unanimous view
of objection raisers and experts: A bridge
over the inlet to San Francisco Bay? A thing
of impossibility. However, O’Schaughnessy
could not be dissuaded from the project and
wrote a letter to three experienced bridge
engineers asking for their opinions. While
one never answered and the other estimated
costs at 56 m. $, the third, American Joseph
Baermann Strauss of German descent, calcu-
lated costs at 35 m. $, and suddenly had the
contract.
The construction of the Golden Gate Bridge
began in the January of 1933. Strauss led
the construction of the bridge from the be-
ginning until its completion in 1937. When
the bridge was finished after only four years,
it cost exactly what Strauss had estimated,
35 m. $, which were solely financed through
bonds. The repayment of the principal and
interest of 75 m. $ in total was financed
through the bridge toll, with all debts paid
by 1971.
Adjusting for inflation, the building cost of
35 m. $ would correspond approximately to
654 m. $ nowadays. A comparable bridge,
such as the fourth Nanjing Yangtze Bridge,
which opened on 2012, cost 1.1 bn. $, mak-
ing it almost twice as expensive.
The disastrous consequences that can be
caused by insufficient calculations can be
seen in the construction of the Berlin Airport
BER. Originally, the costs were calculat-
ed to be 2 bn. €. However, they have now
ballooned to 6 bn. €, with the final cost
estimated to be even higher.
Similar to the cost calculation for large-scale
projects, tool rooms face the challenge of
efficiently calculating costs for unique tools
produced only once. Nowadays, it is crucial
to calculate quickly and, above all, reliably.
With a precise and quick calculation, compa-
nies can offer more competitive services.
The systematic examination of this calcula-
tion has been part of operating practice since
the beginning of industrialization. At the
Laboratory for Machine Tools and Produc-
tion Engineering (WZL) of RWTH Aachen
University there are also numerous publica-
tions, studies, research projects and research
results as well as dissertations on the topic
of calculation. For mass production, on
which the majority of research activities and
system support expenses are concentrated,
the implementation of a reliable calculation
is no longer a major challenge. Calcula-
tion software, which, for example, can be
integrated into the enterprise-resource-plan-
ning-system, has become almost universally
accepted.
In contrast to mass production, the tool
making industry is characterized by a lot size
of one. An optimization and methodical as-
sistance is difficult to realize due to the high
variance of the products and processes. Due
to the unique character of the tools, the cal-
culation usually is based on values obtained
from experience or reference projects, which
can cause quality and exactness to vary.
With the rising level of global competition,
this classical approach is often insufficient.
The conversion rate for new tools, which is
the ratio between the number of quotations
and the number of accepted assignments,
often lies under 15 %. Thus, with the low
conversion rate in mind, the goal is to mini-
mize the time and effort needed to create a
proposal and especially the cost calculation.
Systematic methods for calculations are un-
derused in the tool making industry. Approx-
imately 85 % of tool rooms include estimates
Initial
Situation
for the construction of
the Golden Gate Bridge
for the construc-
tion of the Berlin
Airport BER (state:
10/01/2015)
Budget overrun
8. Successful Calculation in Tool Making
7
from their most experienced employees in
their rough calculations. In tool construc-
tion, the accuracy of the calculations based
on these estimates is between ± 20 %,
sometimes even ± 40 %. When comparing
bid estimates and final cost, there can be de-
viation from - 40 to + 70 % of the originally
calculated costs. Efficient aids exist only to
a certain extent, despite the high demand in
the tool making industry. The goal must be
to noticeably reduce budget deviations and
to eliminate large fluctuations. In particular,
downward deviations can lead to exis-
tence-threatening funding gaps.
In order to stay competitive as a tool rooms
in the future, it is vital to consider several
factors of success: exactness, transparency,
speed, systematization and automation.
Simultaneous addressing all factors helps to
reduce time and money needed in the medi-
um term, while also sustainably increasing
the process efficiency.
The study on hand shows recommendations
for actions with which the named success
factors can be addressed. The statements
made are based on the benchmarking
database of the WZL, which has over 1000
current data sets from tool rooms that
are not older than 5 years. Furthermore,
anonymized data of tool rooms from the
WBA Aachener Werkzeugbau Akademie out
of bilateral and consortium projects as well
as survey results about tool cost calculation
are utilized. Moreover, the study includes
a market report about software systems,
containing a detailed look at their perfor-
mance profiles of the software providers that
are suitable for tool cost calculation. Hence,
the study gives a stimulus for the sustainable
increase of competitiveness with the help
of a precise and quick calculation and can
be used as the basis for the selection of a
software solution.
of all tool rooms use es-
timates from experts as
their calculation method
Budget deviation
between bid estimates
and final cost
Budget Deviation of Assignments Undertaken
Number of assignments
Current distribution
Target distribution
Budget deviation
10. Successful Calculation in Tool Making
9
Basics
of Cost Calculation
Due to typically small production lot size
in the industry, many tool rooms have
difficulties in calculating the cost of their
tools. A systematic calculation process often
is not present throughout all phases, so that
a price is usually determined on the basis of
experience. This “calculation” leans more on
a rough estimate made by the responsible
employee regarding needed raw material,
process time for each technology and cost of
external services, than on the existing data
from completed projects. These estimates
are, by comparison, not very reliable, since
usually there is no (continuous) documenta-
tion of data from past tool projects available.
In many tool rooms there often is no con-
scious knowledge of the total production
costs of a tool along the whole value-added
chain. It is clear that more than half of the
incurred expenses originate in manufac-
turing and assembly/try-out. However, the
areas of development, work planning and
scheduling and last but not least the indirect
areas can significantly influence the produc-
tion cost of tools.
For tool rooms it is of central importance
that a cost calculation is based on valid data
and is not solely concentrated on tool man-
ufacturing. Therefore, the existence and as-
sessment of existing calculation methods as
well as an understanding of the calculation
process are essential. Tool rooms will also
profit from an industry-specific calculation
model for the tool making industry.
Distribution of Costs along
the Value-Added Chain
Indirect area 12.7 %
Project management 6.6 %
Development 12.6 %
Work preparation 9 %
Assembly/Try-out 20.8 %
Manufacturing 38.3 %
11. Successful Calculation in Tool Making
10
[A systematic process
is the foundation of a
successful cost calculation]
Tool cost calculation depicts a continuous
process that reaches from the customer
request until the tool is put into operation
in the customer’s production process. The
process of tool cost calculation can be divid-
ed into three areas: quotation, ongoing cost
calculation, and post calculation.
Quotation
In the context of the quotation, the price
for the tool requested by the customer, or
rather the tool needed to manufacture their
final product, is determined for the first
time. The quotation price is a central part of
a complete quotation, alongside the techni-
cal description of the solution, the delivery
date and other general or specific condi-
tions. A requirement for a realistic calcula-
tion is the examination and evaluation of
the request. In this regard, before even the
technical design is identified, the first cri-
teria that should be assessed are feasibility,
desirability and strategic importance. After
the quotation price is generated, all essen-
tial elements are documented and it is sent
to the customer via the sales department.
Nowadays, the documentation is principally
carried out as an “open-book cost calcula-
tion”, which leads to a high price transparen-
cy for tool components or processes.
Ongoing Cost Calculation
After the contract is awarded by the cus-
tomer and parallel to the start of the tool
production, the ongoing cost calculation
begins. During the manufacturing phase of
the tool, the actual work hours (of personnel
and machine) incurred are expensed and
thus captured simultaneously. Through a
continual comparison of calculated costs and
already performed work hours, a concurrent
cost calculation is created. Hence, there is
a daily controlling of budget exceedance or
under-usage in all areas that are part of tool
production.
Post Calculation
The final costing occurs after the completion
and delivery of the tool to the customer. If
the tool rooms already implemented a con-
tinuous interim cost calculation, the planned
and actual costs only need to be compared.
Otherwise, the work hours need to be
reported individually and then compared
Process
12. Successful Calculation in Tool Making
11
Work
planning
Sales
department
Product
devel-
opment
Purchasing
department
Series
production
Sales and
distribution
D WP CAM M A
T
MP
to the original plan. A possible positive or
negative difference needs to be evaluated
and the results implemented in calculating
future costs and quotation prices. For a clear
cost transparency, an itemization of the costs
can be necessary depending on the area,
e.g. in tool design when looking at the tool
modules or in manufacturing when looking
at the technology and machines utilized.
Successful tool rooms also broach the topic
of final costing during the tool debriefing.
Together with all involved parties, the tool
project is evaluated with reference to time
needed, economic viability and technical ap-
proach. When regarding the cost controlling,
all data that refers to the planned and actual
use of materials, personnel and means of
production along the entire process chain
are compared. If there are relevant devia-
tions, countermeasures including defined
goals as well as responsibility are defined.
Quotation
Ongoing cost
calculation
Post
calculation
Tool making
Industry
Chronological Arrangement of Tool Cost Calculation
Throughput
time of order
MP = method planning / D = design/ WP = work preparation/
CAM = programming/ M = manufacturing/ A = assembly/ T = Try-out
13. Successful Calculation in Tool Making
12
There are various methods for calculat-
ing the tool cost that are applicable in the
context of tool rooms. Due to the high
number of existing modifications, this study
only explains the fundamental methods of
expert estimate, cost function, similarity and
analytical approach. The evaluation criteria
used are the initial cost and the recurring op-
erating expenses of a calculation, which are
included in the description of each method.
In many tool rooms, the tool price is based
mainly on an expert’s estimate. This estimate
is in turn based on the employee’s experi-
ence, which has been built up during their
career. However, these results are not easily
reproducible due to the dependence on a
single person and their know-how. The gen-
eral execution of a cost calculation as well
as its exactness also depends on the method
used. Although there is little investment
needed for an initial cost calculation, now-
adays this method usually does not satisfy
the demands of tool rooms, or rather is not
adequate for the tools to be produced. A rea-
son for this is the rather rough cost estimate,
which is not sufficient anymore when look-
ing at the sinking tool budgets. Furthermore,
the requirements that tools need to fulfill are
multiplying as a result of new products and
production methods. However, this makes
it more difficult for experts to properly esti-
mate the cost.
A prerequisite for utilizing a cost function
method is a database of past assignments.
Out of the existing data of similar tools,
influencing factors are determined that have
a significant effect on tool costs. With the
help of regression analysis, the identified
cost drivers can be correlated with cost
functions. In turn, these can be used for a
quotation. It should be highlighted that it is
crucial to keep the database, and thus the
Methods [Methodical assistance is a
key component for the
cost calculation of tools]
cost functions, current in order to guar-
antee the precision of the cost calculation
results. Since the cost function needs to
be determined, and the therefore required
database of finished assignments, the initial
cost is relatively high. Conversely, the cost
of calculation is minimized while obtaining
more precise calculation results. This meth-
od satisfies today’s requirements in the tool
making industry, but needs intensive care
and constant updating of the database.
Similarity methods are widespread in
industrial practice for calculating tool prices
on the basis of the entire tool. The kilo cost
method and the material cost method are
increasingly used. The basic assumption of
the kilo cost method is the proportionality
of tool weight and cost. Hence, the costs can
be deduced through the use of a propor-
tionality factor. The material cost method
assumes that there is a fixed ratio between
material cost, wages, external labor cost and
overhead costs. Then, based on the mate-
rial costs, the total price of the tool can be
determined. A necessary condition for both
methods is a representative amount of past
assignments with which the proportionality
factors can be determined.
The initial cost and the cost of the calcula-
tion can both be assessed as average. Due
to the increasing complexity of tools, an
isolated view of weight or material is not suf-
ficient anymore in tool cost calculation. Es-
pecially, the sometimes extremely complex
production of shaping parts of the tool for
designing or manufacturing is not properly
represented by material or weight. Further,
a direct proportionality between tool weight
and required work input is not necessarily
given, particularly in indirect areas or in the
project management.
the cost per kilogram of
injection mold in
Germany
the cost per kilogram
of solid and sheet metal
forming tools in Germany
43 €
21 €
14. Successful Calculation in Tool Making
13
Expert
estimate
Contrary to the expert estimate, in this
analytical approach the exact material
costs, fixed costs and wages needed for
manufacturing the tools are calculated on
the level of tool components. The require-
ment for determining the expenses is the
existence of all necessary information. They
are usually not available with the requested
level of detail, so that this method is only
suitable for creating a quotation if there is
software available for calculating the tool
cost. Ironically, the implementation of a cost
calculation software leads to a high initial
cost, whereas the cost of a calculation itself
depends on the software. All in all, the meth-
od of the analytical approach is sufficient for
the requirements of tool making, but needs
continual care and updates.
The methods presented for calculating tool
costs each have different advantages and
disadvantages. For the implementation
in a tool room it is important to critically
question the existing methods and test them,
especially when considering the tool and
product spectra. A meaningful assessment
of the exactness and quality of the cost
calculation method can only be made when
the calculated costs are compared to the ac-
tual costs. It is recommended to implement
several methods for the same tool in order to
select the method that is most appropriate
for a specific tool room.
Nowadays, tool rooms try to simultaneously
apply or combine several methods for the
best possible cost calculation for tools. A
general statement about the quality of the
cost calculation cannot be made, since the
examined tool rooms are heterogeneous
in their tool and product spectra as well as
their size and structure.
85 %
60 %
95 %
45 %
Frequency of Use of Cost Calculation Methods
in Tool Rooms
Cost
function
Analytical
approach
Similarity
method
15. Successful Calculation in Tool Making
14
[Cost calculation in the tool making
making industry is carried out continu-
ously and is based on data]
In cooperation with the WBA Aachener
Werkzeugbau Akademie, the Laboratory
for Machine Tools and Production Engi-
neering (WZL) of RWTH Aachen University
developed a model for cost calculation.
With the help of this model, tool rooms are
to be enabled to implement an efficient and
systematic cost calculation process on the
basis of assignment data. The model for a
continuous, data-based cost calculation in
the tool making industry is comprised of the
central components of calculation process,
database and continual flow of data.
Model
Model for the continuous data-based
cost calculation in the tool making industry
Quotation
Ongoing Cost
Calculation
Post calculation
Database
Continual flow of
data
Cost Calculation Process
The cost calculation process is initiated by
an incoming customer request. Based on the
data supplied by the customer, a concept
for the manufacturing of the tool is then
defined. This is the foundation for determin-
ing the total manufacturing costs. Through
a combined implementation of the already
described cost calculation methods, the pro-
duction costs of the tool are ascertained on
tool component level. In addition, a compar-
ison to existing information from past tool
projects should be made. This comparison
occurs via interfaces to a database. After the
production costs are determined, the pricing
is finished and the quotation is sent, the data
is systematically saved in the database.
The ongoing cost calculation of the tool be-
gins as soon as the assignment is started. In
order to guarantee a realistic and transpar-
ent determination of costs, a detailed cost
Tool making
Industry
D WP CAM M A
T
MP
16. Successful Calculation in Tool Making
15
and time feedback is important, particularly
in the early phases of the tool production.
For example, project management or other
indirect areas are often not included in the
cost of actual tool projects, which would
lower the expenses incurred. With the end of
the tool project, the ongoing cost calculation
is also finished. In order to save the data
about the expenses incurred during tool
manufacturing, a connection to a database
is necessary. An automated interface can
also realize a continual comparison with the
planned costs.
The cost calculation process ends with the
post calculation. In this step, all the actual
costs incurred for the tool project are aggre-
gated and then compared to the planned
costs from the quotation. Since the informa-
tion is saved in a database, this comparison
can be performed quickly and automati-
cally. Based on this comparison, a detailed
assessment of the cost differences can then
be made. These data sets should be saved for
future tool projects.
It should be emphasized that the cost calcu-
lation of tools is a continuous process before,
during and after the tool manufacturing
process. Hence, the cost calculation does not
refer to concrete points in time, but rather
should be understood as a continual support
process. The basic requirement for this is the
creation of a database and the implementa-
tion of interfaces.
Database and Interface
The database is a further central compo-
nent of the cost calculation model that was
developed. The content of this database is all
relevant information of finished and current
tool projects. This includes, for example, the
planned and actual cost calculation tools,
tool components, additional purchases
and external services as well as machine
and personnel hours in all areas of the tool
rooms. Further, relevant information is also
included, such as the throughput time or a
detailed schedule of the tool project, includ-
ing the needed machine and personnel time.
The purpose of saving all relevant data is to
be able to use them for future toll projects,
especially for the cost calculation process.
Through a continual cost calculation based
on real data, it is possible for tool rooms to
exactly calculate along the complete value
chain.
A necessary requirement for an automated
transmission of data is the implementation
of interfaces. Through the interfaces, the
database is to be connected to all internal
systems of the tool room that gather the
actual incurred costs of the tool project. The
database, for example, could be coupled
with machine software that automatically
reports the hours carried out for tools or tool
components. Furthermore, interfaces are to
be implemented between the database and
the employee booking system. However, the
desired data transparency also requires a
project-specific booking of the hours.
The implementation of the model for
continual data-based cost calculations in
the tool making industry is linked to a high
initial cost. Especially the implementation of
an ongoing cost calculation process and the
interface management for the database bind
a lot of capacity. Nonetheless, the resulting
gain in cost transparency and exactness of
calculation more than justify the investment.
The active use of a cost calculation model
helps tool rooms predict their internal pro-
cesses more efficiently.
17. Successful Calculation in Tool Making
16
Tool rooms receive an average of 611 quota-
tion requests in a year, meaning that an effi-
cient cost calculation process is particularly
deciding in conquering the flood of requests.
A successful cost calculation in the tool
making industry can be expressed in char-
acteristic numbers. These numbers can then
be merged into success factors and thus offer
spheres of activity for shaping a successful
cost calculation. Via an all-encompassing
analysis of benchmarking data as well as
polls of companies, five vital success factors
in tool cost calculation could be determined.
These are: exactness, transparency, speed,
systematization and automation.
Successful cost
calculation
exactness
speed
systematization
transparency
automation
Factors of Success
in Tool Cost Calculation
Success Factors of Tool Cost Calculation
611
Average number
of quotation requests
tool rooms receive
per year
18. Successful Calculation in Tool Making
17
Cost of
purchased parts
Material costs
Percentage of tool rooms that can break up
the calculation for their quotation
in the following components
86 % 86 %
Design costs
Manufacturing
costs
76 % 71 %
Exactness
The success of a cost calculation is partic-
ularly contingent upon the precision with
which the predicted costs estimate the actual
costs. On the one side, a too low prediction
would lead to losses when an assignment
is realized. On the other hand, a too high
calculated cost can lead to the assignment
being lost to the competition.
Successful tool rooms manage to finish 88%
of projects without exceeding their budget
and, thus, have actual costs below or at the
estimated cost. By comparison, the average
tool room examined had a value of 75%.
Furthermore, successful tool rooms deliver
the lowest realistic price due to their exact
calculations. Therefore, they manage to
achieve an assignment rate of 36%, whereas
the average is 30%.
A possibility to get a greater exactness in
cost calculation is to assign specially trained
employees to this task. These employees can
build up a better overview over the whole
process of creating goods and services due
to their focused function. Hence, known
problems with specific tool concepts can be
assessed better or cost traps avoided.
Transparency
With regard to transparency, it was deter-
mined that tool rooms create their tool cost
calculations with varying depths of detail.
However, it should be noted that, inde-
pendent of the elected approach, a deeper
breakdown of the quotation offers more
transparency.
For the quotation, the majority of tool rooms
differentiate between design costs, manu-
facturing costs, material costs and cost of
purchased parts. Yet, 43% of successful tool
rooms do their cost calculation on the level
of the tool components. Other companies
break their quotations down into functional
groups, tool modules or just tool projects. A
closer look at the individual points demon-
strates that companies that break up their
quotations in a more detailed fashion are
usually more successful.
Through the concrete breakdown of cost
calculations, the cost calculation is less de-
pendent on the experience of the employees.
Hence, cost calculations that are broken
down in such a way are also transparent for
colleagues and adapted further if necessary.
88 %
of all tool projects of
successful tool rooms do
not exceed their budget
19. Successful Calculation in Tool Making
18
Speed
Besides the exactness of the quotation
calculation, the speed of calculation is also
decisive in order to get assignments. This is
especially the case for time-critical custom-
er projects, as a quotation that is handed
in too late cannot be considered anymore,
automatically leading to a decline of the
quotation.
When considering pure working time,
successful tool rooms merely need a mean
of 3.3 hours to generate a quotation, which
is 1.2 hours less than the average. When
looking at the entire processing time, from
the request to the sending of a quotation,
successful tool rooms only need an average
of 3.7 working days, which is 20 % quicker
than the mean company examined. This
relatively high speed in creating quotations
is a further important factor needed to reach
a higher assignment rate. The following
success factors also support a quotation
considerably.
Systematization
When handling assignment requests, a sys-
tematic approach can be decisive. The first
step should be to only accept requests that
fit the strategic orientation of the company.
Both successful and average tool rooms
only accept a fraction of requests, 80 % and
87 % respectively. While evaluating the cost
calculation methods utilized, a clear trend of
using a combination of several methods was
shown.
All successful tool rooms use the similarity
method. Furthermore, 70 % use values
derived from experience, 60 % analytical
methods and 15 % cost functions. Inde-
pendent of the method used, a continuous
cost calculation during and after the whole
process of the project is necessary to get
relevant feedback on individual steps.
Another important aspect of a systematic
cost calculation is the inclusion of external
services. Depending on the depth of the
added value, these can be a considerable
part of the costs of a tool and must therefore
be taken into account. The average depth of
added value of tool rooms is 69.5 %, show-
ing the significance of external partners and
services in the tool making industry. In par-
ticular, successful tool rooms use external
services in the areas of design and manufac-
turing and already plan these costs during
the cost calculation for the quotation. For
their design 57 % of tool rooms use external
labor, 71 % in manufacturing, and 14 % in
both simulation and try-out. However, in
CAM and assembly no external services are
contracted.
With what detail do successful tool rooms calculate
the cost of a tool, based on a product-oriented
itemization?
Tool
Tool modules
Functional groups
Tool components 43 %
14 %
14 %
29 %
43 %
of successful tool rooms
do their cost calculation
on the level of the tool
components
3.3 h
pure working time to ge-
nerate a quotation
87 %
percentage of quotations
for successful tool rooms
20. Successful Calculation in Tool Making
19
Automation
The automation and reproducibility of cost
calculations depends heavily on the use of
software in order to determine a quotation
price. Cost calculation software is able to, if
configured and used properly, significantly
reduce the time and effort needed for a cal-
culation and boost its quality and speed.
It was shown that successful tool rooms use
software for 90 % of the quotation. More-
over, 100 % of successful tool rooms are
satisfied or even very satisfied with the soft-
ware used. This has to do with the fact that
86 % of these companies let their software
be specifically adjusted for their purposes.
The average tool room only arrives at 70 %
for both of these values.
On average, the software is used for four
years, with the software product being
changed 1.5 times within the last 10 years.
On the one hand, one could conclude that
software on the market has developed
considerably, but also that the selection of
a software solution is difficult and that the
software needs to be updated over time.
When selecting software, important criteria
include that it can be individually adapted
and designed in a process-oriented fashion
for the respective company. If the process
needs to be adapted to software, only small
advantages can be reached. Further, it is im-
perative for the exactness that the software
can use existing company data and factor
it into the cost calculation process. Around
57 % of successful tool rooms use interfaces
to this end, allowing a multitude of addi-
tional data to flow into the calculation, such
capacity planning.
With regard to the application of cost cal-
culation software in everyday work life, it is
particularly important that the software can
be adjusted to the conditions in the compa-
ny. An easy and intuitive use of the software
is also rated as important, whereas the com-
patibility with systems of other companies
and the cost or license fee is of secondary
importance. However, the price of cost
calculation software is not to be disregarded.
Hence, the tool rooms considered invest
31,500 € into cost calculation software and
the necessary qualification on average in the
last three years.
3.7
work days is the average
processing time to gener-
ate a quotation in suc-
cessful tool rooms
57 %
of successful tool rooms
incorporate additional
data via interfaces
1
22. Kalkulation im Werkzeugbau
Successful Calculation in Tool Making
21
21
88 %
of tool projects of successful tool
rooms are finished without exceeding
their budget
43 %
of successful tool rooms do their cost
calculation on the level of the tool
components
Speed
3.7
working days is the average
processing time to generate a quotation
in successful tool rooms
Transparency
Exactness
Systematization
60 %
of successful tool rooms
use analytical methods
for cost calculation
Automation
90 %
successful tool rooms use
software for 90 % of the quotation
24. Successful Calculation in Tool Making
23
Current Software
solutions
for the Tool Making Industry
A dependable and quick quotation calcu-
lation is vital for the success of tool rooms.
Thus, the goal of tool rooms should be to
reduce the time and effort needed to create
a quotation, so that the growing number of
requests can be processed. At the same time,
the exactness of the cost calculation needs to
be increased so that assignments are not lost
due to high estimated costs or to reduce loss-
es created by low estimates. The results need
to be reproducible, so that pricing is not a
matter of flukes but rather occur systemati-
cally. Apart from a suitable cost calculation
method, the building blocks needed to
achieve these goals are a structured process
for generating a quotation and the collection
and use of information from all parts of this
process. Furthermore, the implementation
of an automated documentation of quota-
tions can accelerate the quotation generat-
ing process even more.
Material costs
Purchased parts
Cost of labor
Assembly time
Machine hours
Manufacturing time
of standard parts
Manufacturing of
similar tools
100 %
100 %
100 %
91 %
91 %
100 %
64 %
Information Incorporated into the Cost Calculation
25. Successful Calculation in Tool Making
24
There are various different software
solutions on the market designed to help
calculate tool costs. After comprehensive
research, eleven software providers of
cost calculation solutions that are already
established in the industry were selected.
For the evaluation of the data, a previous-
ly published market survey of software
solutions for tool cost calculation was taken
into account. The Laboratory for Machine
Tools and Production Engineering (WZL)
of RWTH Aachen University conducted this
market analysis in 2009. The result was an
overview of the status quo and characteris-
tics of commercially available cost calcula-
tion software in the tool making industry.
The size of the software companies that
were examined varies considerably. Around
half of the companies employ 6-20 people.
The software offered is different for each
provider and include differing functional-
ities. All programs allow generated quota-
tions to be archived. Further, most can use
internal databases or SQL databases. In
addition, the storage can be carried out in
a document-based fashion. If wished for by
the customer, the software solutions can be
adapted to specific archiving types.
All software solutions automatically gen-
erate a quotation document based on the
input values and generated data. Often
they can also be used for ongoing or post
cost calculation. Hence, the percentages of
post calculation and fast calculation have
increased since 2009. In particular, process
planning has found many uses for software
assistance. At the same time, the use of func-
tions that increase the complexity of the cost
calculation has decreased.
Software-assisted quotation calculation al-
lows for the use of methods and approaches
that are not practical when used manually. A
shortened cost calculation process is usually
labeled as a fast calculation, which needs
less data and, correspondingly, is less exact.
The results of this fast cost calculation are
sometimes given a larger safety margin. Fast
calculations are designed to generate budget
estimates while also allowing for less tech-
nical staff to get results. Compared to the
comprehensive version, the time expended
is lowered to up to 50 %. Feasibility checks,
with respect to free capacity or fulfillment
of certain technical demands, can also be
conducted. Preceding the generation of a
quotation, these checks allow company re-
Integrated database
Document-based
MS-SQL database
Customer-specific
57 %
57 %
43 %
86 %
65 %
55 %
55 %
45 %
2009 2015
Archiving of Quotations
26. Successful Calculation in Tool Making
25
sources to be saved. Target costing allows for
the design of a tool with a specific price set
by the customer in mind. Also, suggestions
for cheaper alternatives to the cost drivers
can be submitted. The lifecycle costing func-
tion demonstrates the potential financial
advantages of a tool, for example, with a
high upfront price but low upkeep cost.
Finally, several tool variations with different
levels of quality can be calculated for a quo-
tation. This allows the sales department to
respond to the individual wishes of potential
customers. The creation of assorted quality
levels is made possible by the use of different
tolerance classes, purchased parts and
manufacturing technologies.
Another advantage for a company can be
the compilation of information for the sales
department so that they can, for example,
look at the impact a changing delivery date
has on the price.
Additional Functions
Quotation documentation
Ongoing cost calculation
Post calculation
Fast cost calculation
Feasibility check
Target costing
Lifecycle costing Consideration of different
quality requirements
2009 2015
27. Successful Calculation in Tool Making
26
73 %
2015
The software solutions for calculating
quotation can usually be integrated into
the existing IT landscape of the company.
This means that various systems share data
or place to each other’s disposal. Thereby
the manual transfer of this data, which is a
possible source of error, is removed, which
also saves time. All programs offer individ-
ual, customer-specific interfaces with which
data from different CAD, ERP and PLM/PDM
systems can be exchanged. The extent of the
data exchange can vary significantly. For the
integration with CAD programs, the relaying
of material data and parts list is common. In
addition, depending on the provider, consid-
erably more information can be exchanged
between programs. Often it is possible to let
the software be adapted for each customer.
A software producer usually offers a direct
integration into most of the CAD systems
available on the market. While the integra-
tion with PLM/PDM systems usually is not a
strength of many of these software com-
panies, the integration with ERP systems
is more developed and widespread. It has
become standard to integrate with the ERP
software, typically using formats such as
XML, CSV, Text files or even customer-de-
veloped. Order processing, production
planning, capacity planning and factory data
capturing have risen substantially as useful
data source since 2009.
Design (2D-CAD)
Design (3D-CAD)
Order processing
PLM/PDM
Production scheduling
Capacity planning
BDE
PPS/ERP
External Data Sources
35 %
67 %
50 %
50 %
50 %
67 %
33 %
50 %
73 %
64 %
64 %
64 %
91 %
45 %
73 %
2009
28. Successful Calculation in Tool Making
27
Most providers understand that the integra-
tion of their product with the existing soft-
ware infrastructure of the tool rooms is on of
the most important selling points. Therefore,
most software companies are willing to work
out solutions on-site with their customers.
The selection of a software solution suitable
for a tool room should be approached sys-
tematically. The task of such a system is to
find the solution whose properties fulfill the
company’s requirements best.
First, a differentiated profile of requirements
needs to be determined that lists the indis-
pensable and desired specifications. In the
case of quotation calculation, for example,
the calculable tool types would be indispens-
able whereas functions like target costing or
lifecycle costing would be desired.
Then, this list is compared to all possible
software solutions and the one with the
most matches should be chosen. To this end,
a value benefit analysis can be implemented,
which gives each software solution a utility
value. This means the best available solution
will be given the highest value. Since the
cost per software license is similar in the ba-
sic configuration for all providers, a directed
inquiry is usually required. In the next step,
the providers introduce the selected soft-
ware system into the tool room. Afterwards,
reference visits at tool rooms that already
use the selected software give the possibility
of validating it in practice. An elaborate test
phase is recommended before the implemen-
tation in business. In the following table, an
overview of the most important character-
istics of the software solution is given. Fur-
thermore, the subsequent company profiles
give details about their software solutions, in
order to assist with the selection.
Create
specifica-
tion list
Compare
System
intro-
duction
Reference
visits
Test
phase
Complete
adoption
Approach for Selecting Software for the Tool making Industry
29. 28
Successful Calculation in Tool Making
Enomic
GmbH
&
Co.
KG
AutoForm
GmbH
ams.Solution
AG
Cost Calculation Method
HOST
GmbH
Additional Functions
Calculable Tool Types
Other press tools
Forging die
Any other tools
Molding dies
Punching/bending tools
Rapid tooling
Contraptions
Post calculation
Fast cost calculation
Ongoing cost calculation
Feasibility check
Quality requirements
Design
Production planning
PPS
Die casting tools
In-mold assembly
Elastomer tools
Schouenberg
&
Partners
Segoni
AG
Siemens
Industry
Software
GmbH
Schmale
GmbH
Moser
GmbH
&Co.KG
IKOffice
GmbH
HSi
GmbH
Cost function
Analytical approach
Similarity method
30. Successful Calculation in Tool Making
29
Archiving
External data sources
Level of product-oriented
detail
Internal capacities
Planned external services
Target costing
Tool project
Lifecycle costing
Functional groups
Data synchronization of
the production process
Tool module
Accompanying information
Tool parts
Design (3D CAD)
Order processing
Capacity planning
PLM/PDM
Capture of production data
Integrated database
MS-SQL database
Document-based
Customer-specific
Production scheduling
PPS/ERP
Enomic
GmbH
Co.
KG
HOST
GmbH
Schouenberg
Partners
Segoni
AG
Siemens
Industry
Software
GmbH
Schmale
GmbH
Moser
GmbH
Co.KG
IKOffice
GmbH
HSi
GmbH
AutoForm
GmbH
ams.Solution
AG
31. Successful Calculation in Tool Making
30
Product information
Name: ams.erp (ams++)
Version 7.0
Last update: September 2015
Number of licenses: 20,000
Languages available:
German, English, French, Spanish, Italian
Company information
Year founded:
1988 (Hinrichs Müller GmbH)
Address: Rathausstraße 1
D-41564 Kaarst
Homepage: www.ams-erp.com
Contact person in Germany
Barbara Furthmüller
Phone: +49 172 1047451
Email: b.furthmueller@ams-erp.com
ams.Solution
AG
ERP start screen of with cost calculation
32. Successful Calculation in Tool Making
31
Due to the large variety of requests, many
tool rooms rely on their experience. In part,
the actual costs of a project are also hard to
determine. It is becoming more and more
important to determine a real win or loss
-
almost in real-time.
For over two decades now, ams has been
exclusively occupied with the question how
contract manufacturers can profitably and
competitively organize their complex project
business. The quintessence of the consultant
and software producer‘s experience: a high-
er process transparency makes it possible to
distribute available resources more econom-
ically, to meet delivery dates more comfort-
able and to satisfy the customer‘s wishes
more comprehensively. Thus, cost calcula-
tion, including the ongoing cost calculation,
is an integral part of the ERP-solution for the
tool making industry.
In order to ensure a valid prior and post
cost calculation, the exact determination
of hourly rate of machines and employees
is indispensable. Furthermore, a complete
integration of all assignment information at
hand and process transparency is necessary.
Only in this way, a consistent level of infor-
mation is guaranteed, on the basis of which,
customer’s questions regarding the assign-
ment status can be answered and adherence
to the delivery date is assured.
Against this background, data islands that
do not communicate (e.g. excel lists) and
stand-alone cost calculations are categorical-
ly rejected.
Since ams.erp cross-links all project process-
es, tool shops can control the risks associ-
ated with long throughput times and high
investment needed for their assignments
with the help of the integrated cost calcula-
tion software.
33. Successful Calculation in Tool Making
32
AutoForm
Engineering
GmbH
Product information
Name: AutoForm Planning
Bidding Solution
Launch: 2008
Last update: June 2015
Number of licenses: 500
Languages available: English, German,
French, Italian, Spanish
Company information
Year founded: 1996
Address: Fällmisstrasse 2
CH-8832 Wilen b. Wollerau
Homepage: www.autoform.com
Contact person
Alan Stimac
Technical Product Manager
Email: alan.stimac@autoform.ch
Overview of the Cost Calculation Software
34. Successful Calculation in Tool Making
33
The AutoForm Planning Bidding Solution
is highly automated and easy to use for
planners and estimators. Based on your CAD
part data and stamping process details, the
software automatically recognizes cost-
relevant part features (holes, fl anges, etc.)
and derives the relevant resource consump-
tions necessary to build the tools.
In this way, the software predicts tooling and
piece costs – consistently, reliably and rapid-
ly. So you can better estimate reliable costs
in just minutes, with a few mouse-clicks.
As a result, you can make tens or even a
hundred cost estimations a day – meeting
your deadlines for budgets, resource plans
and quotations.
35. Successful Calculation in Tool Making
34
Product information
Name: Enomic Calculation
Launch: 2010
Last update: 2016
Number of licenses: n.a.
Languages available:
any language
Company information
Year founded: 1998
Address: Steinhäuserstr. 20
D-76135 Karlsruhe
Homepage: www.enomic.com
Contact person in Germany
Andrea Lechner
Phone: +49 721 9864450
Email: info@enomic.com
Enomic
GmbH Co. KG
Screen shots of a calculation and its GUI editor
36. Successful Calculation in Tool Making
35
With the Enomic Calculation software, you
can perform calculations based on your tried
and tested company-specific calculation
logic - only faster, more flexibly and more
securely.
Calculating complex calculations requires a
lot of expert knowledge, whether in sales,
production, controlling or management.
Support from ERP systems, sector software
or CRM systems is usually unsatisfactory
and spreadsheets are not viable in the long
term either, since the complexity required
to maintain and use them requires a lot
of effort and makes them prone to errors.
Things are completely different with Enomic
Calculation.
•
Perform individual calculations with opti-
mum reliability
•
Minimize the time needed for calculation
tasks
•
Automate tried and tested calculation
methods flexibly and correctly
•
Retain your established calculation sche-
ma
•
Take advantage of time savings and calcu-
lation security when negotiating prices
•
Determine customer-specific prices for
individual and bulk transactions
•
Support controlling with specific analyses
and meaningful reports
Thanks to the Enomic principle, your calcu-
lation software is always efficient, whether
you are defining and updating your calcu-
lation rules or using it on a daily basis. Your
calculation tasks are always under control.
Enomic provides intelligent software for
companies with complex products. The
central component is the unique, adaptable
configurator. It manages highly complex
business logic efficiently in a flexible body of
rules, and provides the knowledge stored in
it specifically for the required application.
Enomic software is adaptable, easy to main-
tain, reducing complexity and easy to be
integrated into your IT system landscape.
37. Successful Calculation in Tool Making
36
HOST Software
Entwicklung und
Consulting GmbH
Start screen of the cost calculation software
Product information
Name: Ulysses
Launch: 2000
Last update: 2015
Number of licenses: n.a.
Languages available:
German, English, Hungarian, Slovak, Czech
Company information
Year founded: 2000
Address: Simon Redtenbacher Platz 3
AT-4560 Kirchdorf an der Krems
Homepage: www.ulysses-erp.com
Contact person in Germany
Christoph Wimmer
Phone: +43 7582 37533
Email: cw@ulysses-erp.com
38. Successful Calculation in Tool Making
37
•
Generate quotation at the push of a button
•
Graphical editor “what you see is what you
get”
•
Track quotations and resubmissions
Ulysses 3 phase planning allows for bot-
tlenecks to already be recognized in the
quotation and rough planning phase with an
ingenious template system.
In the third phase, detailed planning, ma-
chines are optimized with regard to setup
costs and unmanned hours.
With Ulysses you will bring transparency
into your company.
You will save precious time with your daily
work using Ulysses and its extensive func-
tions, such as prior calculation, generating
quotations, capturing production data,
production planning and post calculation.
Ulysses is a modular ERP system that can
quickly be adapted to the requirements of
a company. The unique application archi-
tecture allows adjustments to become the
standard and secures the lowest costs while
continuing to operate.
A realistic pricing is based on values derived
from experience and comparisons with
similar tools. Ulysses offers the greatest pos-
sible flexibility. You can combine individual
items, existing tools and manufactured and
purchased parts. When an order is placed,
the prior calculation is converted into an
assignment with one mouse click.
Advantages:
•
Ulysses template system
•
Calculate costs of individual items
•
Link planned and real values
•
Material database
•
Dynamic calculation models
•
Capacity planning “what would be if?”
Ulysses 3 Phase planning for the tool making industry
39. Successful Calculation in Tool Making
38
Product information
Name: HSkalk/ HSauftrag/ HSplan
Launch: 1999
Last update: June 2015
Number of licenses: 1,100
Languages available:
German, English
Company information
Year founded: 1995
Address: Flughafenstraße 12
D-99092 Erfurt
Homepage: www.HSi4m.com
Contact person in Germany
Andreas Heß
Phone: +49 361 43 02 97 50
Email: info@HSi4m.com
HSi
GmbH
Start screen of the cost calculation software
40. Successful Calculation in Tool Making
39
Since its establishment in 1995, HSi has
been an innovative and competent software
company with significant know-how and a
focus on its customers and lasting business
relationships. The company offers individu-
al producers, mass producers and contract
manufacturers proven self-adjusting software
modules, which satisfies company-specific
demands and technological advancements.
Customers come from the mechanical
engineering –, tool making –, steelwork –,
automobile – and aerospace industry. Due to
the automation of the schematic processes,
the time and money needed for production
scheduling and cost calculation are signifi-
cantly reduced. To this end, the HSi technolo-
gy basis includes all mechanical manufactur-
ing methods such as milling, turning, drilling,
eroding, etc. and preconfigured process
modules for complex assembly tasks. A high
exactness of the cost calculation and planning
software is reached in the shortest time.
HSkalk is a system for the complete cost
calculation of parts and assembly groups.
Scaled prices and site comparisons as-
sist decisions for optimal production and
logistic. With dependence on the lot size
and the released quantity, the cost per unit
is determined and the setup costs allocated
or declared separately. Quantity-depen-
dent material and special charges are also
considered. Using the machine parameters
provided by the HSi technology basis, unit
costs and setup costs can be determined and
compared for each workplace.
The connections between the part that needs
to be manufactured, the necessary compo-
nents and the production expenditure are
all included in the HSi technology basis. In
a generated parts list, the components and
their form elements are already dimen-
sioned. Using adjustable hourly rates, the
system determines the production costs. The
hourly rates, material prices, average and
basic time needed for processes are individu-
ally adjustable.
41. Successful Calculation in Tool Making
40
Product information
Name: IKOffice MoldManager
Launch: 2006
Last update: 2016
Number of licenses: 1,000
Languages available:
various languages
Company information
Year founded: 1994
Address: Marie-Curie-Str. 1
D-26129 Oldenburg
Homepage: www.ikoffice.de
Contact person in Germany
Ingo Kuhlmann
Phone: +49 441 21988950
Email: ikuhlmann@ikoffice.de
IKOffice
GmbH
Capacity planning
42. Successful Calculation in Tool Making
41
In the cost calculation and planning soft-
ware IKOffice MoldManager, it is possible to
effectively distribute tasks to groups or even
individual employees. Contrary to machine
scheduling, absences or holidays are consid-
ered with the help of a calendar.
Through the longstanding, close collabo-
ration with customers in the tool making,
form, model and jig making industry a
product has been developed that is specially
fitted for its needs.
It unites a good overview of information
with rationality and speed for the admin-
istrative work around an assignment and
project. Quotation templates allow for a
quick and safe answer to received requests.
All quotation positions are specified in these
templates and cannot be forgotten. With
the press of a button post calculations from
similar projects can be compared. Together
with product pictures and corporate design,
an attractive quotation is generated, which
can be reviewed at any time.
The integrated document management eases
the classification of all project information.
The MoldManager gathers information from
all departments and places them at your
disposal in a clear, and quick fashion.
The feedback from the performed work
is directly processed via PC terminals and
integrated. A comparison of the planned and
real values, and thus the assessment of the
performance, supports the continuous im-
provement process. The gathered data helps
to determine the pricing of future projects.
43. Successful Calculation in Tool Making
42
Product information
Name: MOS‘aik
Launch: 1996
Last update: 2015
Number of licenses: 28,000
Languages available:
German, Dutch
Company information
Year founded: 1979
Address: Hauptstraße 50
D-52146 Würselen
Homepage: www.moser.de
Contact person in Germany
Maximilian Moser
Phone: +49 2405 4711
Email: max.moser@moser.de
Moser
GmbH Co. KG
Mos’aik Cost calculation software
44. Successful Calculation in Tool Making
43
The company MOSER, located in Würselen/
Aachen, develops and sells software for
medium-sized companies since 1979 and
belongs to the foremost developers of busi-
ness software for German companies in the
industrial sectors of skilled trades, services,
and manufacturing trades.
MOSER develops standard business software
and individual solutions for medium-sized
companies. The software products are in use
at over 100,000 workplaces.
MOSER stands for excellent technical and
industry-specific programs and its products
convince with their flexibility and adaptabil-
ity.
MOSER is also one the few owner-led, me-
dium-sized, software companies, not only in
Germany but also in neighboring European
countries like the Netherlands, Belgium,
Luxembourg and Austria.
The business software MOS’aik is laid out as
a modular system and can thus be optimally
adjusted for individual requirements and
processes. The software is also a work-
flow-management solution and supports
companies in carrying out business pro-
cedures from the quotation calculation to
the project administration and the contin-
uous cost calculation and post calculation,
purchasing, accounting and mobile use. The
workflow management is a holistic concept
that reaches from regulation to surveillance
of processes in the company and compa-
ny-wide work.
Various industry-specific MOS’aik expan-
sions round off the service spectrum of the
software. The services offered by MOSER
extends from software projects, consulting,
training, online service and IT service.
45. Successful Calculation in Tool Making
44
Product information
Name: Schmale Kalkulationssoftware
für den Werkzeug- und Formenbau
Launch: 2001
Last update: July 2016
Number of licenses: 10,807
Languages available:
German, English, Italian, Spanish, Czech,
Portuguese, Hungarian
Company information
Year founded: 1997
Address: Limbergstr. 9
D-35649 Bischoffen
Homepage: www.schmale-gmbh.com
Contact person in Germany
Mr. Schmale
Phone: +49 6444 / 921780
Email: info@schmale-gmbh.com
Schmale Werkzeug-
und Formtechnik
GmbH
Speed cost calculation for the tool making industry
46. Successful Calculation in Tool Making
45
Tool cost calculation – Cost of changes –
workshop cost calculation – unit cost deter-
mination
The following technologies are supported:
• Injection molding (1K, 2K, prototypes,
small and large series)
• Pressing tool (extrusion, molding, carbon
composites [RTM, …])
• Die casting mold/low pressure die casting/
forging tools
• Rubber injection tools
• Foam tools/negative forms
• Sheet-metal forming tools (prototypes,
restrike, hot forming)
• Punching tools (steel, alu, plastic, deburr-
ing tools)
• Compound progressive tools
You have the choice between different cost
calculation strategies:
• Speed cost calculation
The speed cost calculation leads you to a
realistic result with only five input values.
• Detailed cost calculation
The detailed cost calculation gives you
comprehensive and individual cost calcula-
tions for every demand.
• Knowledge database
In the knowledge database you can archive
the cost calculation (quotation or post
calculation). The data is well-arranged and
can be updated centrally.
Unit cost power/individual – Project con-
trolling
• Calculation of product cost is process-ori-
ented with an analytical perspective.
• Unit cost power
With fast cost calculation on the basis of
Schmale standard values for technology/
article size/material type/runtime/lot size
per year/tool costs
• Individual unit cost
Every user can set up standardized processes
in the database.
• Project controlling
Single parts of an assembly group or proj-
ect can be combined to a complete quote
and updated.
47. Successful Calculation in Tool Making
46
Company information
Year founded: 1990
Address: Burg Stolklaan 16
NL-4002 WJ Tiel
Homepage: www.schouenberg.nl
Contact person in Germany
Mr. Harry Schouenberg
Phone: +31 344 616161
Email: info@schouenberg.nl
Schouenberg Part-
ners The Netherlands
Product information
Name: CalcMaster® advising and calcula-
tion of the mould, injection moulding and
product prices software
Launch: 1990
Last update: 2016
Number of licenses: n.a.
Languages available:
Dutch, English UK and USA, German,
French, Italian, Portuguese, Finnish, Spa-
nish, Turkish, Swedish, Hungarian, Polish,
Czech, Romanian
Overview of the cost calculation software
48. Successful Calculation in Tool Making
47
Product designer, toolmaker, injection mold-
er and management should always receive
the right information for a new product
development, which should be communicat-
ed in the shortest possible time internally or
externally to employees or customers.
The necessary information has influence on
tool investments and item price. It is import-
ant that the lowest item price is chosen. It
is possible that this means investing more
into the tool. Instead of being completely
dependent on the experience of company
employees, it would be better to assist the
experience with software, in order to have
the right information ready when need-
ed. The CalcMaster consultancy and cost
calculation software provides all relevant
information, such as 3D product and tool
concepts, detailed tool hours, tool dimen-
sions, injection molding data, economical
number of cavities, the correct selection of
an injection molding machine and the article
price for different cavity amounts.
When a new product is designed, as much
information as possible should be directly
available in order to properly advise and
generate a real cost calculation. For a good
communication, it is possible to look at the
product in 3D, tool separation and thus mea-
sure the core and cavity of the tool. Under-
cuts are still shown. If spacers are necessary,
the tool separation can be corrected by
hand and the draft angle and surface plate
displayed.
The designer can use the CalcMaster 3D
software to look at both tool form plates af-
ter importing the product’s STL file, in order
to see what problems there are in the tool
design. The following functions are possible:
• Look at undercuts
• Look at and correct tool separation
• Assess draft angle
• Assess steep surface plate
• Look at main dimensions of cavities
• Change the direction of the opening
• Change the tool separation
•
Exchange product and separation data with
CalcMaster using a XML file
49. Successful Calculation in Tool Making
48
Product information
Name: SEGONI.PPMS
Launch: 2001
Last update: July 2015
Number of licenses: approx. 7,000
Languages available:
German, English (limited)
Company information
Year founded: 2000
Address: Grunewaldstr. 27
D-10823 Berlin
Homepage: www.segoni.de
Contact person in Germany
Roland Schmid
Phone: +49 30 7568788-0
Email: info@segoni.de
Segoni
GmbH
Overview of the cost calculation software
50. Successful Calculation in Tool Making
49
Segoni is present nationwide since 2001
with SEGONI.futur, using the motto “from
practice for practice, from a lot size of one”
for all tool rooms, mold makers, jig manu-
facturers and machine builders, for contract
and small series production, now with over
400 satisfied customers and 700 users.
Characteristic for SEGONI.futur is a clear
menu structure that follows the users logic
and enables a quick and efficient introduc-
tion to the software. The cost calculation
is divided into rough, assembly group and
position calculations, allowing for the
adjustment to all wishes and organizational
circumstances. Also, examining before and
after the quotation is sent out with the motto
“what would be if?” if the necessary capaci-
ties are available and what measures can be
applied if necessary. If the quotation turns
into an assignment, the production status
can be output and planned new or different-
ly down to the work process level (planning
table). Over the purchasing module, out-
sourcing can unburden the production. The
amount of unburdening is also reflected in
the capacity planning.
The material list shows what materials,
parts or services are needed in what time
period. Since everyone is informed, further
inquiries are unnecessary. All assignments
are registered online or offline via barcodes.
Manufacturing, deadline or cost develop-
ments are all known according to the task.
Evaluation of assignments, cost center analy-
ses, employees, inventory, article manage-
ment and more give the possibility of always
completely informing oneself.
51. Successful Calculation in Tool Making
50
Product information
Name: Teamcenter Product Cost
Management
Launch: 2002
Last update: November 2015
Number of licenses: n.a.
Languages available:
German, English, French, Italian, Russian,
Brazilian Portuguese, Japanese, Chinese
Company information
Year founded: 1963
Address: Franz-Geuer-Straße 10
D-50823 Köln
Homepage: http://www.plm.automation.
siemens.com/de_de/
Contact person in Germany
Ralf Hansen
Phone: +49 170 9224657
Email: ralfhansen@siemens.com
Siemens Industry
Software GmbH
Start screen of the cost calculation software
52. Successful Calculation in Tool Making
51
Siemens PLM software, a business unit
of the Siemens Digital Factory Division
is a leading, global provider of software,
systems and services for product lifecycle
management (PLM) and the manufacturing
operations management (MOM) with over
11 million licensed users and more than
80,000 customers worldwide. Siemens PLM
Software is headquartered in Plano, Texas
and creates industry software solutions on
close collaboration with customers. It helps
companies worldwide to realize pivotal
innovations and thus create a sustainable
competitive advantage.
With Teamcenter Tool Costing, valid tool
cost calculations can be made within the
shortest time. The costs are itemized and
plausibly depicted. Tool variants and chang-
es are controllable and cost calcula- tion
knowledge is saved at company level. Tool
costing makes a parametric cost calcula-
tion of various tool technologies possible,
e.g. injection molds, HP pressure dies and
follow-on dies.
Teamcenter also offers access to an exten-
sive, integrated, knowledge database of
reference data like labor costs, materials,
machines and manufacturing processes as
well as an integrated cycle time calculator.
This guarantees a company-wide standard of
cost calculation. The result is a tool cost cal-
culation with a high level of detail. Flexible
cost breakdowns enable customer-specific
quotation information to be sent out.
With teamcenter, interactions between com-
ponent and tool costs with varying lot sizes
and layouts are reliably and transparently
determined. Moreover, the interplay of Tool
Costing with Product Costing can be used for
a fully integrated cost calculation solution.
Consequently, the tool costs are consistently
summed up over the product parts list and
the product program. Using this interaction,
comprehensive cost examination is possible
due to the integrated and standard view of
the tool and parts costs.
53. Successful Calculation in Tool Making
52
Due to increasing globalization, tool rooms
have to compete worldwide for their assign-
ments. Therefore, it is important to use all
economic potential to secure a competitive
advantage.
A central component of securing future busi-
ness is a systematic and efficient cost calcu-
lation. Nowadays, companies primarily use
data derived from experience and compara-
tive values from finished reference projects
to determine tool prices. Next to a relatively
long processing time, this approach has a
significantly higher planning risk.
Successful tool rooms already follow system-
atic approaches for cost calculation in order
to generate realistic and suitable quotations.
As well, both internal and external produc-
tion capacities are considered, costs calcu-
lated on the level of tool component and a
continuous cost calculation process sought
after. Thereby, a high transparency and
efficient controlling are guaranteed. At the
same time, strong deviations can be recog-
nized early on and corresponding measures
initiated. Additionally, successful tool rooms
use the support of newer, individually adapt-
ed cost calculation software. The goal is to
carry out the quotation generation process
precisely and efficiently with a reproducible
approach. Due to the increasing digitali-
zation and networking of manufacturing,
there are also new potentials for the use of
internal data that could be used to optimize
the cost calculation systematic.
Outlook [Successful tool rooms calculate costs in
relation to components and use know-
ledge out of the entire process chain]
The present study shows key success factors
for a systematic and efficient cost calculation
in the tool making industry, so that the avail-
able potentials in the cost calculation can be
made useful for the entire industry. In order
to optimize the existing cost calculation and
thus be more successful against the competi-
tion, three recommendations for action were
derived from the success factors.
Recommendations for Action
Development of an end-to-end cost
calculation system, consisting of quota-
tion, ongoing cost calculation and post
calculation
Implementation of a systematic assess-
ment and comparison process to select a
suitable cost calculation software
Use of software solutions as support for
the cost calculation system
55. Successful Calculation in Tool Making
54
Authors
Jan Wiese
Research Associate Department Business Development
Laboratory for Machine Tools and Production Engineering (WZL)
Michael Salmen
Head of Department Business Development
Laboratory for Machine Tools and Production Engineering (WZL)
Dr. Martin Pitsch
Former Head of Department Business Development
Laboratory for Machine Tools and Production Engineering (WZL)
Dr. Wolfgang Boos
Director
WBA Aachener Werkzeugbau Akademie
Christoph Kelzenberg
Research Associate Department Business Development
Laboratory for Machine Tools and Production Engineering (WZL)
Johan de Lange
Research Associate Department Business Development
Laboratory for Machine Tools and Production Engineering (WZL)
56. Successful Calculation in Tool Making
55
Successful Digital
Networks
2016
Successful Planning
2016
Tooling in China (Sheet
Metal and Solid Forming)
2016
Our Studies
Successful Motivation
of Employees
2016
Successful Calculation
2016
F3 Fast Forward Factory
2015
World of Tooling
2015
Tooling in South Africa
2014
Guideline Clocked
Production
2016
Fast Forward Tooling
2015
Tooling in China
(Injection Molding)
2016
Tooling in Germany
2016
57.
58. Publisher
Laboratory for Machine Tools and Production Engineering (WZL)
of RWTH Aachen University
Steinbachstrasse 19
D-52074 Aachen
www.wzl.rwth-aachen.de
WBA Aachener Werkzeugbau Akademie GmbH
Karl-Friedrich-Straße 60
D-52072 Aachen
www.werkzeugbau-akademie.de
978-3-946612-05-6