Information Technology and Services Case Studies and Success Stories with Costimator Cost Estimating Software

CASE STUDY IBM

Costimator product cost management software helped IBM transform its supply chain. IBM needed a new way to estimate and compare manufacturing costs globally. Costimator replaced IBM's old system and ...gave them easy-to-use tools, industry data, and global labor rates. IBM used Costimator to set target prices, support supplier negotiations, and find cost savings. In the first year and a half, IBM saved tens of millions of dollars with Costimator.

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Manufacturing Case Studies and Success Stories with Costimator Cost Estimating Software

CASE STUDY Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

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CASE STUDY Ad-Vance Magnetics

Costimator helped Ad-Vance Magnetics speed up their quoting process. Before, they used Excel and manual methods that took a lot of time. With Costimator, they use tools like the perimeter nest and co...st modeler to estimate faster. The software also works with their E2 ERP system. Ad-Vance Magnetics can now respond to bids more quickly and win more jobs.

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CASE STUDY Surry Logistix

Costimator helped Surry Logistix improve their cost estimating process. Before, only one person used Excel and experience to estimate jobs, which led to errors and lost profits. With Costimator, mult...iple employees can now create accurate estimates. The team feels more confident in their quotes. This change reduced risk and improved their quoting process.

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CASE STUDY TiMSA Manufactura

Costimator software helped TiMSA Manufactura improve their quoting process. The company faced challenges quoting many projects quickly and accurately. With the 3Dfx module, they now create accurate q...uotes in minutes. This increased productivity and resource use. The software is easy to use and the support team is responsive.

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CASE STUDY Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

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CASE STUDY McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

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CASE STUDY United Gear & Assembly, Inc.

Costimator helped United Gear & Assembly, Inc. fix their slow and inconsistent estimating process. The Cost Modeler feature let them make custom cost models for their shop. This made quotes more accu...rate and saved time. The company did not need to hire special engineers to use the software. Since using Costimator, United Gear has doubled its business.

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CASE STUDY Service Machine Co., Inc.

Costimator helped Service Machine Co., Inc. improve their quoting process. Before, they struggled with slow and inaccurate estimates. They lost jobs by quoting too high and underpriced others. After ...using Costimator, they created faster and more accurate quotes. They could handle more complex jobs and store estimates in one place. The software made their process less error-prone and saved time.

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CASE STUDY BEI Penang

Costimator helped BEI Penang improve their quoting process. Before, they used Excel and had slow, inconsistent quotes. Costimator gave them a fast, easy-to-use system. Now, they have standard costing... for materials and faster, more accurate quotes. Their pricing is more consistent for customers.

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CASE STUDY Northeast Manufacturing

Costimator helped Northeast Manufacturing improve quoting speed, accuracy, and consistency. The company needed a better way to estimate costs and win more jobs in a tough market. Costimator let them ...create fast, accurate quotes and avoid underbidding. They increased their RFQ win rate by 100%. Estimating time dropped by up to 200%. Shop floor productivity rose by up to 30%. The software also helped with customer service and sales by providing detailed process plans and reports.

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CASE STUDY Cerro Fabricated Products

Costimator helped Cerro Fabricated Products replace their in-house Excel estimating tool. The old system was hard to maintain after the main developer left. Costimator took over the estimating proces...s and removed software upkeep headaches. The Cost Modeler tool let them build custom costing equations for their manufacturing process. This gave them more accurate and reliable cost estimates. They now spend more time on important work instead of fixing software.

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CASE STUDY Detroit Tool Metal Products

Costimator helped Detroit Tool Metal Products improve their quoting process. Before using Costimator, they relied on spreadsheets and tribal knowledge, causing delays and inconsistent pricing. With C...ostimator, they saw faster and more accurate quotes. The company reported about a 30% increase in turnaround times. This led to happier customers and more confidence in their quotes.

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CASE STUDY Capiq Engineering

Costimator helped Capiq Engineering improve their estimating process. Before, they used Excel sheets and had trouble training new staff. This caused slow response times and lost business. With Costim...ator, training new estimators became easy. The team now creates accurate quotes faster. Productivity and collaboration improved. Management can review estimates quickly. The company now responds to customer requests faster and more consistently.

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CASE STUDY McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

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CASE STUDY TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

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CASE STUDY Detroit Tool

Reduced Estimating Time By 75%

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CASE STUDY Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

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CASE STUDY Chief Fabrication

Costimator helped Chief Fabrication speed up their quoting process. Before, they used many different methods and could not get quotes out fast. Their goal was to turn around RFQs in one day. After us...ing Costimator, they can usually meet this goal. The software fit their custom fabrication needs and made estimating easier. They plan to connect Costimator with their ERP system to make quoting even faster.

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CASE STUDY Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

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CASE STUDY National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

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CASE STUDY Wayne Machine, Inc

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

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CASE STUDY Landoll Corporation

Costimator software helped Landoll Corporation speed up their estimating process by 70%. Landoll needed a flexible system for accurate job quotes across many industries. Costimator made it easy for t...heir team to create fast, accurate estimates, even for users with little computer or manufacturing experience. The software improved quote accuracy and made the cost-estimating process more efficient. Landoll saw greater organizational efficiency and could meet the varied demands of their customers.

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CASE STUDY BEI Penang

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

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CASE STUDY Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

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CASE STUDY Leggett & Platt

Costimator helped Leggett & Platt improve their quote turnaround times and accuracy. Before Costimator, they used handwritten quotes and Excel, which were slow and sometimes inaccurate. With Costimat...or, quote turnarounds more than doubled and accuracy improved by 10-15%. The software let them set up machines and use a material library for consistent calculations. Leggett & Platt saw substantial company growth from faster, more precise quoting.

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CASE STUDY Alpa Precision LLP

Costimator helped Alpa Precision LLP cut estimate turnaround times by at least 20%. The company used to struggle with manual quoting, which led to errors and delays. Costimator made it easy to handle... multiple quantity requests and update quotes fast. The software improved accuracy, consistency, and allowed quick changes to estimates. Alpa Precision now prints reports instantly and finds it easier to stay competitive and profitable.

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CASE STUDY Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

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CASE STUDY Gardner Manufacturing Company

Costimator helped Gardner Manufacturing Company improve their estimating and quoting process. Before, they used slow, manual methods that led to errors and lost business. With Costimator, they now cr...eate quotes faster and more accurately. The software lets them compare cost models and find the best price. Their customer rating rose to 99.6%. Costimator also gives them more transparency with customers and helps them win more orders.

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CASE STUDY Schuette Metals

Costimator helped Schuette Metals improve their cost estimating process. Before, they used an ERP system and had trouble meeting RFQ deadlines and keeping estimates consistent. After buying Costimato...r, they saw faster and more consistent estimates. All calculations are now in one place. The built-in manufacturing data library was a key reason for choosing Costimator.

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CASE STUDY Precision Machine Fabrication

Costimator helped Precision Machine Fabrication improve their quoting process. Before, only one person estimated jobs by hand, which took a lot of time and lost them business. With Costimator, multip...le estimators can work together and create quotes faster. The software is easy to use and has helpful cost models. After using Costimator, Precision Machine Fabrication increased their quote throughput by 50%.

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CASE STUDY Automat

Costimator should cost software helped Automat, a ferrous wire industry supplier, improve their cost estimating process. Before using Costimator, Automat relied on manual estimates that were slow and... inconsistent. With Costimator, they quickly generate accurate part cost estimates and validate supplier quotes. This led to better negotiations and more control over pricing. Automat increased their estimating speed, accuracy, and consistency by 20-40%, resulting in a 20% increase in overall profits.

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CASE STUDY Mattson/Witt Precision Products, Inc.

Costimator helped Mattson/Witt Precision Products, Inc. fix their quoting process. The company had problems with inconsistent estimates and wasted time using old data. Costimator gave them a simple, ...accurate way to estimate costs for both simple and complex parts. The team now quotes jobs faster and with more confidence. They can project profits each month and no longer need to defend their prices to customers.

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CASE STUDY National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

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CASE STUDY Wayne Machine, Inc.

Costimator helped Wayne Machine, Inc. improve their estimating and quoting process. The company used to rely on manual methods, which led to errors and slow quotes. After using Costimator, they cut t...heir quoting time in half. The software made their estimates more accurate and helped them respond faster to customer requests. Customers liked the quick and clear quotes, which helped Wayne Machine win more orders.

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CASE STUDY TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

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CASE STUDY Wayne Machine, Inc

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

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CASE STUDY Goldens' Foundry and Machine Company

Costimator helped Goldens' Foundry and Machine Company speed up their estimating process. Before, they used manual methods that caused errors and wasted time. With Costimator, they estimate jobs twic...e as fast. The software makes it easy to find old quotes and keep data safe. It is simple to use and helps even when there are no computer models. Goldens' has used Costimator for over 28 years to stay competitive and accurate.

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CASE STUDY Carroll Machine Works

Costimator helped Carroll Machine Works speed up cost estimating by up to 80%. The company used to rely on manual methods and spreadsheets, which could not keep up with 150 RFQs a week. With Costimat...or, they now create fast and accurate quotes, reducing quoting time from an hour to 10 minutes or less. The software paid for itself in months. Carroll Machine Works can now bid with confidence and spend more time on production.

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CASE STUDY MCG Portugal

Costimator helped MCG Portugal, a metal manufacturing company, fix problems with slow and inconsistent cost estimates. Before, each estimator used their own spreadsheet, causing delays and lost busin...ess. With Costimator, MCG Portugal now has a shared costing database. This change made their quotes more consistent and much faster. They saw a higher bid-to-award ratio and better customer loyalty. The system was up and running in just three days.

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CASE STUDY Detroit Tool

Reduced Estimating Time By 75%

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CASE STUDY AAR Precision Systems

Costimator helped AAR Precision Systems speed up their cost estimating by 50%. Before, their quoting process was slow and inconsistent. They needed faster, more accurate estimates to stay competitive... in aerospace manufacturing. With Costimator, they now create quotes quickly and consistently. The software's 300+ cost models and easy data entry made a big difference. AAR Precision Systems reduced estimating staff and improved efficiency across the company.

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CASE STUDY Kitchen Craft

Costimator helped Kitchen Craft speed up their quoting process. Before, they used a slow, manual system that made it hard to keep up with demand. With Costimator, they now create accurate quotes in j...ust a minute or two. Training new estimators is much faster. The software improved quote accuracy and let more people generate quotes. Kitchen Craft saved time and money, and kept profit margins strong.

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CASE STUDY Thomas Precision Technologies

Costimator helped Thomas Precision Technologies speed up and improve their quoting process. Before using Costimator, estimators did manual work that took a lot of time and led to mistakes. The 3DFX a...dd-on let them make quotes right from 3D CAD models. This made quotes faster and more consistent. The company now meets deadlines better and avoids lost sales and profits.

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CASE STUDY McNally Industries, LLC

Costimator helped McNally Industries, LLC improve their cost estimating process. Before using Costimator, they struggled with slow, inconsistent, and subjective estimates. After implementation, they ...saw faster turnaround times, more accurate and objective estimates, and better pricing consistency. The system was customized to fit their business and made data more accessible. McNally Industries is now very happy with the results.

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CASE STUDY National Tool & Manufacturing

Costimator helped National Tool & Manufacturing fix problems with quoting and cost estimating. Before, they had no oversight, inconsistent quotes, and trouble tracking jobs. After using Costimator, t...hey saw better pricing consistency and more accurate quotes. The software made it easier to share and review quotes. It also helped them spot problems in production and improve delivery times. Estimators liked how they could adjust the system for their needs.

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CASE STUDY BEI Penang

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

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Other Industry Case Studies and Success Stories with Costimator Cost Estimating Software

Case Study Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

Kitchen Craft

Kitchen Craft

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Case Study BEI Precision Systems & Space Company, Inc.

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

BEI Precision Systems & Space Company, Inc.

BEI Precision Systems & Space Company, Inc.

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Case Study National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

National Tool

National Tool

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Case Study Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

Kitchen Craft

Kitchen Craft

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Case Study Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

Gardner Denver

Gardner Denver

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Case Study National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

National Tool

National Tool

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CASE STUDY AAR

"Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.";

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Case Study McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

McNally Manufacturing

McNally Manufacturing

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Case Study National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

National Tool

National Tool

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Case Study Wayne Machine & Die Company

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

Wayne Machine & Die Company

Wayne Machine & Die Company

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Case Study National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

National Tool

National Tool

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Case Study Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

Service Machine, Co., Inc.

Service Machine, Co., Inc.

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Case Study McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

McNally Manufacturing

McNally Manufacturing

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Case Study BEI Precision Systems & Space Company, Inc.

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

BEI Precision Systems & Space Company, Inc.

BEI Precision Systems & Space Company, Inc.

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Case Study Detroit Tool

Reduced Estimating Time By 75%

Detroit Tool

Detroit Tool

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Case Study Detroit Tool

Reduced Estimating Time By 75%

Detroit Tool

Detroit Tool

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Case Study Wayne Machine & Die Company

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

Wayne Machine & Die Company

Wayne Machine & Die Company

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Case Study TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

TiMSA Manufactura

TiMSA Manufactura

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Case Study BEI Precision Systems & Space Company, Inc.

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

BEI Precision Systems & Space Company, Inc.

BEI Precision Systems & Space Company, Inc.

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CASE STUDY AAR

"Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.";

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Case Study TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

TiMSA Manufactura

TiMSA Manufactura

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Case Study Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

Gardner Denver

Gardner Denver

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Case Study BEI Precision Systems & Space Company, Inc.

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

BEI Precision Systems & Space Company, Inc.

BEI Precision Systems & Space Company, Inc.

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Case Study Detroit Tool

Reduced Estimating Time By 75%

Detroit Tool

Detroit Tool

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Case Study BEI Precision Systems & Space Company, Inc.

Reduced Quoting Time By 80% And Improved Accuracy By 25%.

BEI Precision Systems & Space Company, Inc.

BEI Precision Systems & Space Company, Inc.

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Case Study McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

McNally Manufacturing

McNally Manufacturing

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Case Study Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

Service Machine, Co., Inc.

Service Machine, Co., Inc.

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Case Study Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

Kitchen Craft

Kitchen Craft

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Case Study Wayne Machine & Die Company

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

Wayne Machine & Die Company

Wayne Machine & Die Company

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Case Study Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

Gardner Denver

Gardner Denver

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Case Study AAR

Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.

AAR

AAR

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Case Study Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

Gardner Denver

Gardner Denver

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Case Study Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

Kitchen Craft

Kitchen Craft

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Case Study Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

Service Machine, Co., Inc.

Service Machine, Co., Inc.

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Case Study AAR

Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.

AAR

AAR

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Case Study Wayne Machine & Die Company

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

Wayne Machine & Die Company

Wayne Machine & Die Company

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Case Study Detroit Tool

Reduced Estimating Time By 75%

Detroit Tool

Detroit Tool

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Case Study TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

TiMSA Manufactura

TiMSA Manufactura

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Case Study Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

Service Machine, Co., Inc.

Service Machine, Co., Inc.

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CASE STUDY AAR

"Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.";

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Case Study Wayne Machine & Die Company

Achieved A 300% Increase In Quoting Speed And Improved Quote Accuracy With The Implementation Of Mti Systems' Costimator Software.

Wayne Machine & Die Company

Wayne Machine & Die Company

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Case Study TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

TiMSA Manufactura

TiMSA Manufactura

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Case Study AAR

Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.

AAR

AAR

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Case Study AAR

Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.

AAR

AAR

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Case Study McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

McNally Manufacturing

McNally Manufacturing

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Case Study National Tool

Realized A 10% Increase In Profitability And A 20% Reduction In Quoting Time.

National Tool

National Tool

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Case Study TiMSA Manufactura

Reduced Their Cost Estimating Time By 75% And Increased Quote Accuracy By 90%.

TiMSA Manufactura

TiMSA Manufactura

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Case Study Kitchen Craft

Realized A 15% Reduction In Material Costs And A 25% Decrease In Time Spent On Cost Estimating Tasks.

Kitchen Craft

Kitchen Craft

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Case Study Detroit Tool

Reduced Estimating Time By 75%

Detroit Tool

Detroit Tool

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Case Study AAR

Benefits Included Reducing Estimating Time By 50%, Improving Quote Accuracy, And Increasing Profitability.

AAR

AAR

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Case Study McNally Manufacturing

Achieved A 25% Reduction In Quoting Time.

McNally Manufacturing

McNally Manufacturing

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Case Study Gardner Denver

Reduced Estimating Time By 50% And Improved Quoting Accuracy By 30%

Gardner Denver

Gardner Denver

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Case Study Service Machine, Co., Inc.

Achieved A 25% Reduction In Project Estimation Time And A 15% Increase In Project Win Rates.

Service Machine, Co., Inc.

Service Machine, Co., Inc.

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Customer Success Stories of Costimator Cost Estimating Software

 

Anadolu Metalurji Co. Selects Costimator Estimating Software

Anadolu Metalurji Co. has adopted MTI Systems' Costimator software to enhance cost estimation during the design phase, aiming to optimize production costs while maintaining high quality standards. Th...is decision allows Anadolu Metalurji to explore design alternatives efficiently, promoting innovation and cost control. Costimator aids manufacturers in precise cost and time estimation without CAD models, supporting informed design decisions.

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Landoll Corporation Seeing Big Results From Costimator Software

Landoll Corporation has achieved a 70% faster turnaround in cost estimates using MTI Systems' Costimator software, enhancing accuracy and efficiency in their manufacturing processes. The software, de...signed for machining, fabricating, and assembly, is used by major OEMs across industries like defense and aerospace. It offers a centralized database for consistent and accurate cost modeling.

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McNally Industries, LLC, selects Costimator

McNally Industries, LLC, has adopted MTI Systems' Costimator software to enhance their cost-estimating process. This adoption aims to improve quoting efficiency, speed, and accuracy, addressing previ...ous inconsistencies caused by reliance on experience and spreadsheets. Costimator provides a streamlined solution for estimating cycle times and manufacturing costs, crucial for McNally's operations in defense and aerospace sectors.

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MTI Systems awarded contract from Major Aerospace OEM

MTI Systems has secured a contract to provide cost engineering services to a major aerospace OEM using its Costimator OEM software. This agreement highlights MTI Systems' expertise in delivering prec...ise cost data to help reduce product costs for large manufacturing organizations.

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Service Machine Co., Inc. Selects Costimator

Service Machine Co., Inc. has adopted MTI Systems' Costimator software to enhance its cost-estimating process. This decision aims to improve the speed and accuracy of quotations by replacing the outd...ated, experience-based methods. Costimator helps estimate cycle times and manufacturing costs, ensuring consistent and accurate cost models, which supports Service Machine's profitability and competitiveness.

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