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Generic Course Information
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| Cost Estimation of Stampings - 1 day
COURSE OBJECTIVE:
Learn the fundamentals for estimating the cost of stampings and tooling. Included will be an introduction to Activity-Based Costing (ABC) techniques as well as methods and formulas for determining piece price and tooling costs. Students will be performing exercises to determine the piece price and tooling price for stampings. VisiQuote Enterprise, a quoting tool for the Metal Forming industry, will be demonstrated in a number of the exercises.
WHO SHOULD ATTEND:
Cost and Tooling Estimators and Stamping Buyers.
COURSE OUTLINE:
1.0 An Overview of Stamping Estimating
1.1 Methods to Determine Actual Costs
1.2 Estimating with Activity Based Costing
2.0 Determining the Press and Die Type
2.1 An Overview of Mechanical, Tandem and Transfer Press Lines
Exercise: Selecting a Press for a Specific Need
2.2 Estimating the Cost of a Press Line
3.0 Determining Material Costs
3.1 Determining the Material Weight
Exercise: Calculating the Blank Weight
3.2 Determining the Total Material Cost
Exercise: Determining the Material Cost of a Control Arm
4.0 Cost Estimating Stamped Parts
4.1 An Overview of the Factors that Affect Stamping Pricing
Exercise: Stamping Cost Comparison of Typical Production Methods
Exercise: Determining the Piece Price for Part Produced from Manual Dies
Exercise: Determining the Piece Price for Part Produced from Transfer Dies
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