Cost Estimator Aids Plastics Manufacturers

Jan. 13, 2005
The Society of Manufacturing Engineers' (SME) Injection Molded Part Cost Estimator is a new spreadsheet tool that evaluates plastics variables not always considered in determining total part costs, according to the Dearborn, Mich.-based organization. ...

The Society of Manufacturing Engineers' (SME) Injection Molded Part Cost Estimator is a new spreadsheet tool that evaluates plastics variables not always considered in determining total part costs, according to the Dearborn, Mich.-based organization. The downloadable, interactive Excel spreadsheet enables users to set up all costs involved with projects, including variables often overlooked (e.g., electricity and labor), according to SME member Glenn Anderson, principal engineer at Concordville, Pa.-based Southco Inc. Additionally, Anderson is part of the Injection Molding Technical Group at SME. Anderson notes that the spreadsheet allows users to run what-if scenarios and can show numbers based on different run rates. Major categories of process variables incorporated into the calculator include: part volume, part information, resin material, tooling equipment and maintenance, production, secondary operations and associated costs and direct labor. The Injection Molded Part Cost Estimator can be ordered through the SME Resource Center at 800-733-4763, or by sending an e-mail to [email protected]. The spreadsheet is free to SME members; $24 for nonmembers.

Popular Sponsored Recommendations

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Smarter Savings for Manufacturers - Guide

Sept. 11, 2023
Boost your manufacturing sales and revenue while reducing costs. Learn how one platform can help your business be more agile and productive in today's market.

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!