With the updated reference data for machines, labor rates, and electricity rates, etc. we offer you an objective and up-to-date foundation for your product decisions.
Machines of the latest technical generation are added to the reference database, to reflect more accurate cycle times, energy consumption and ultimately a more precise cost calculation. Especially machines used for tool costing work centers such as drilling, eroding, milling, and turning were reevaluated and replaced with the latest generation.
A detailed description of machine configurations provides cost engineers a better understanding of the machine and the cost differences of the same machine type.
Since the number of software increases in almost all industries, manufacturing companies need to calculate new product development projects with a high amount of software development. To support the new industry developments the reference database was expanded with the skill level “Software Developer”. Further, to help cost engineers to validate the lower skill level “unskilled worker“ during negotiations with suppliers, the wage research was improved and the minimum wage for many countries was added as a reference value.