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Geometric releases a new cost estimation module - CAMWorks Costing
A new cost estimation module available with its flagship CNC programming software, CAMWorks.
By: Geometric Limited
For most shops, the estimating process can be highly time consuming and requires special expertise that only a shop owner or senior machinist may possess. In addition, most estimates involve a lot of guesswork, risking profitability or losing jobs.
To address these challenges, Geometric introduces CAMWorks Costing which simplifies and standardizes the estimation process for machine shops. CAMWorks Costing automatically recognizes machine like features in a job, including the ones that can be easily missed but can add significant cost to a job, like fillets, drafts, undercuts or odd angled holes. This significantly speeds up the estimation process. The cost of each feature is calculated using a database of materials, work centers, processes and manufacturing time-standards.
“With CAMWorks Costing, we can help our customers develop quicker and more consistent estimates for the jobs they quote. This will give our customers deeper knowledge when estimating and help them win more profitable business”, said Jim Foster, Vice-President, Channel Sales and Marketing at Geometric.
CAMWorks, a parametric, solids-based CNC programming software system, brings in a revolutionary way to help machinists around the world program smarter and machine faster. CAMWorks significantly reduces programming time and removes the drudgery from CNC programming by using patented Feature Recognition technology in conjunction with full toolpath to solid-model associativity and knowledge-based machining. For more information go to www.camworks.com.
Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.
Listed on the Bombay and National stock exchanges in India, the company recorded consolidated revenues of Rupees 11.05 billion (US Dollars 180.61 million) for the year ended March 2015. It employs over 4800 people across 13 global delivery locations in the US, France, Germany, Romania, India, and China. Geometric has been assessed at Maturity Level 3 for CMMI 1.3 - Development and CMMI 1.3 -Services for its Software and Engineering Services business units and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified.
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