Manufacturers need to understand how global cost variations could affect their product design, sourcing, and overall profitability. Our new DFMA global costing data profile provides users with an objective, accurate, and current foundation for manufacturing decisions. This is something that competing companies with “global cost data” libraries simply can’t match, despite their marketing hype.
The new DFMA global costing feature brings more than 200,000 cost data points from around the world into our existing software model. Users will now have access to data from all the major manufacturing centers and industrial hubs in 22 countries:
Each region’s data includes up-to-date machine rates, labor costs, material prices, tooling and energy expenses, and ancillary supply costs.
By incorporating these variables directly into the DFMA cost models, which are already recognized as the industry standard for accurate cost estimation, we can ensure users receive actionable, apples-to-apples comparisons of part and assembly costs across multiple regions.
Other software tools may claim to have global cost libraries, but most rely on generic figures or unverified third-party data. These libraries often add percentage markups to base costs, assuming that labor and materials in one country will be in proportion to those in the others by a set fraction. This approach fails to reveal some of the most critical real-world differences in cost drivers between processes, materials, energy consumption, and other factors.
DFMA is fundamentally different from other tools. Our global data is compiled using the same intensive research and logic as all our other DFMA cost models. Boothroyd Dewhurst experts use AI and data analytics to track current manufacturing trends and then evaluate and calibrate those results against time-tested data. The result is a consistent, accurate global framework that predicts costs for numerous materials and operations:
With a broad, global perspective, your team will be able to:
In practice, you could compare a sheet-metal laser-cutting cost model in China with those from India, Mexico, and the U.S. to find the best deal. Our up-to-date data will show you the impact of setup costs, tooling and parts costs, and even global issues such as tariffs, before you make your final decision.
DFMA global costing data adds a new analytical layer, built on current cost data from 22 countries. Simply put, it’s the most powerful way to make informed sourcing, design, and manufacturing decisions that minimize your expenses and maximize your profits.
For current DFMA software subscribers, this new capability is available as a paid upgrade. The global costing data is included with all new DFMA software subscriptions. Whether you’re a current DFMA software subscriber looking to add global cost data or you're interested in starting a DFMA software subscription, contact us for more information.