Shop Rate Calculator - A cost estimating software tool for manufacturing
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MTI Systems, Inc (www.mitsystems.com) just recreate their Shop Rate Calculator (SRC). This handy tool consists of labor rates as presented on W-2 forms through the Bureau of Labor & Statistics. The calculator tool contains various default factors which can easily make out supplier shop rates manufacturers who deal with machining, fabrication, and mechanical assembly.
Shop Rate Calculator can be very effective for OEMs for calculating their suppliers' shop rates and facilitating them to find out who can create the measurement for the least cost.
The Shop Rate Calculator program is useful to categorize labor rates all through the U.S. and continental Europe as well as Worldwide markets. OEMs can acquire required information to calculate costs, supplier's shop rates and settle the most convenient prices. In some incidents 50% of purchasing part costs are saved if the shop rates are amalgamated with manufacturing times.
This software tool for manufacturing is utilized to determine shop rates supported by the inputs of machine price, number of employees, direct labor and Gross Sales involving eleven default factors along with overhead costs and SG&A.
Doanload Link: www.mtisystems.com