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DFMA Software: Costing Tool Differentiator - Part 2

DFMA Software: Costing Tool Differentiator - Part 2

When you need precise, actionable manufacturing cost data, there is no better choice than DFMA software. That’s because DFMA software provides a fundamentally different approach than other available should-cost tools.

Other methods often rely on evaluating the overall cost of manufacturing a part. DFMA software provides an independent, true-cost analysis. This commitment to unbiased calculations and complete transparency is something you won’t find with any other costing tool currently available.

What makes DFMA software different (and better) than any other should-cost software on the market?

The core difference lies in the independent true-cost analysis provided by DFMA software, as opposed to the methods used by other tools.

Other costing tools use a process called “price analysis,” which examines and evaluates a proposed price without scrutinizing the separate cost elements that actually drive the total price.

DFMA software offers a detailed, scientifically grounded analysis that separates simple “price” from underlying costs.

DFMA software uses a two-pronged approach:

Cost Baseline Analysis

Cost baseline analysis entails an independent review where each element of a part’s manufacturing process is analyzed in detail. The goal is to examine whether the cost of each element is reasonable for the proposed work. This makes it easy to identify areas where inefficiencies could be unnecessarily driving up costs. It also means users can be assured that the final price they arrive at is both justified and optimal for their situation.

Supplier Quote Analysis

Similarly, supplier quote analysis is the process of evaluating cost elements provided by suppliers (such as rates, fees, and profit margins). This helps users decide if supplier quotes are realistic and fair on a much deeper level than the typical method of simply comparing quotes and picking the lowest bidder.

By calculating manufacturing costs and independently dissecting supplier quotes from any proposed price, DFMA software highlights the difference (also known as the “opportunity gap”) between the supplier’s quoted price and the manufacturing cost calculated by DFMA.

The results generated by DFMA software are actionable. Users can see different cost breakdowns based on various ways the part could be manufactured. This is a crucial distinction between DFMA software and other costing tools. Most other costing tools rely on CAD data that may or may not reflect reality.

Having a transparent view under the surface of what’s really going on gives users a huge advantage. Suppliers will understand the detailed breakdown generated by DFMA software, enabling users to have productive discussions about costs with their suppliers.

If a supplier comes back and says a specific element should be changed for any reason, that feedback can be easily incorporated into the calculation. In other words, each estimate can be adjusted using real supplier data. This is as close as possible to a guaranteed price estimate.

What DFMA Software Is Not:

Part of what makes DFMA software such a strong choice for engineers is that it avoids many commonly used methods that compromise accuracy, transparency, and security.

  • DFMA software is not an empty shell. Machine and material rates are fully populated with global costing data, and US and China profiles can be edited by users.
  • It is not a comparative or historical database. Each calculation is performed using real-world parameters that are continually updated.
  • It does not use alignment (a process that adjusts results to match expected values, thereby reducing accuracy). DFMA tells users the real costs they can expect, not a predetermined figure in some database.
  • It does not require new file systems and cybersecurity protections. DFMA runs entirely within your existing file setup and behind your company’s firewall, with no communication to third parties that could expose your data.

Ready to start saving on manufacturing costs with DFMA software?

Contact us, and we’ll work with you to provide you with the most accurate, reliable, transparent, and secure costing tool on the market.

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