Abstract:

With increased global competition in the plastics market, having accurate detailed calculations of mold tooling and part costs is imperative early in most program launches. OEM's - and not just in the automotive sector - are increasingly asking for cost breakdowns in pricing calculations and while only a small percentage of the quotations produced will actually become orders, every calculation must be detailed in order to be competitive or even considered. The large number of quotations usually required creates a problem of time and accuracy for all parties involved. More often than not, rushed quotations are lacking in accuracy and can potentially miss company profit margins when quoted inaccurately (too low) and then awarded based on this price. By accurate documentation of all the mold features in every calculation a strong basis for negotiation with the customer is enhanced and can likely be the deciding factor. Additionally, a systematic calculation provides a safe prediction of manufacturing times for the different phases of a mould build To properly deal with this market requirement, a computer aided system is your best tool for a systematic, quick and consistent procedure to calculate both mold and part costs. Cost Estimating software can be the key to solve this problem. Different kinds of software approaches on this subject can be made and have already been put into practise for injection moulds, pressure-die casting moulds and stamping dies.

We will cover:

• Who needs mold pricing?
• Problems with cost estimating
• Current pricing solutions
• Requirements for pricing solution

Intended audience: OEM's, Tier 1&2's, Suppliers, Mold Makers, Custom molders.

About the Speaker:
Jeff G. Lambing, Sales Manager - NAFTA Region, JDL Technical Services
Jeff has over 30 years of moldmaking experience starting on the shop floor and progressing to 10 years of Program Management and complete tool follow-up from quoting, design reviews, tool builds, tryouts and customer buy-offs. The past four years have been spent learning, developing and presenting cost estimating software for tooling and parts to the North American market to OEM's, Tier Level suppliers, toolmakers and custom part producers in the injection molding, die cast and stamping industries.