Welcome to the Estimating Systems Portal. Here you will find many useful links to Estimating System vendors, articles, directories and more. In the manufacturing environment, estimating affects the economic condition of a business. It is the basis of profit or loss. Estimates that are too high produce no work, because they are underbid. You may win underbid jobs, but they won't produce the profit which can successfully grow a business.
See Total Quality/Customer Relationship Management for more detailed information.
Directories
Elements of Estimating Systems
Material costs, labor costs, overhead costs and outside processing costs are part of effective estimating systems. Some estimating solutions will allow you to perform what-if analysis by adding an unlimited number of possible quantities to provide the customer with the best value. Integration to the sales and manufacturing process using an existing quote to create both a sales and a work order are also very helpful features to look for.What's New in Estimating Software
The machine and fabrication industries are now able to utilize Computer aided estimating to increase the accuracy of estimates. These Estimating System programs generate detailed step-by-step, operation-by-operation documentation along with setup details, tooling required, and the recommended speeds and feeds to use. Quality measurements, outside operations, receiving, raw material, packaging and shipping can be documented as well.
