US-based IDES has unveiled a new CostMate Plastic Injection Molding Part Cost Estimator & Quote System. This system helps in an accurate estimate of piece part cost that is essential when developing a plastic product.
The challenge is in making sure that all of the cost drivers have been accounted for. Mistakes during the estimation phase can be tremendously costly once the part is actually produced and sold.
In 1997, IDES has originally developed CostMate to help plastic injection molders determine the true cost of an injection molded plastic part. The new CostMate has been integrated into the Prospector plastics search engine so that resin information is transparently pulled into estimates.
Project quotes can now be easily stored and retrieved for future use. Additionally, a secondary cost feature makes it easy to account for things like shipping, packaging or other items. Full part and sprue/runner entries make it possible to track material and regrind use and cost.
IDES is a plastic materials information management company that provides custom information management services for nearly all resin distributors and a number of resin manufacturers.