Estimating & Quotations Module

The FactoryMaster estimating and quotations module allows users to produce accurate quotations in a matter of minutes.

Advantages of FactoryMaster quotation module.

Full quote to finished product analysis to show you where you are making a profit on jobs, or if you are making a loss

Save costs in administration by having all information in a single point, just a click away.

Improve sales by analising quotations success and failure.

The ability to change quotations and create new qty quotations is a simple matter and so can save you time.

Use templates and previous quotations to save time in creating quotes.

Convert quotations into real orders at the click of a button and so save time in rekeying information.

Any drawings / documents that you are quoting against can be stored with that quotation for future reference.

Create tightly costed quotes to make you more competative by specifying byproducts (swarf, scrap)

Features of FactoryMaster quotation module.

FactoryMaster has the ability to create very simple quotations through to fully priced jobs based upon a real BOM and Route of manufacture including all external tooling costs, It even takes into account all existing materials costs from preferred suppliers but still gives you the ability to speculate by changing suppliers. At the click of a button you can then automatically create full price breaks that are based upon any price / quantity breaks provided in the manufacturing process.

Once created you have the option of following the quotation through to order at the click of a button. This allows full analysis to be done to see how successful quotations have been.

Upon completion of any job that was raised from a quotation you can see how close your quotations were to actual costs. again the analysis that this gives, you can tell instantly how profitable a particular quotation was and modify new quotes if they prove to be making a loss.

The module utilises our Resource / Work Centre Specification database of your machines and processes and their associated Hourly Charge Rates, along with sub-contract processes your organisation uses.

A Quotation is initially specified by assigning to the appropriate Customer and detailing the Items and Batch Quantities to be Quoted.

Quotations are quickly built-up by estimating the Set and Operation times for each Operation Step and associating with the appropriate Resource Code (Work Centre). This process will utilise the Rate per Hour you have defined for that Resource although you can over-ride with a specific rate if required.

After Material and Process Prices are allocated (Batch and/or Unit Prices catered for) the system calculates the appropriate Batch Prices which the Estimator can accept or override with a ‘commercially more suitable’ price.
This can be achieved by utilising commodity markups I.e. labor materials sub contract) or an overall markup on costs. This gives the user greater flexibility when preparing quotes.

Byproducts can be specified as part of the quotation. These byproducts can have their value offset against the cost of the finsihed product to make your quotation more competative.(A by product can be swaft or scrap that is made during the production process and may have a resale value)

Optionally, Quantity Discounts can be applied as part of the Batch Price calculation as can the build-up of Components for an Assembly Quotation.

After selecting from a choice of opening and closing paragraphs Quotation Letters can be immediately produced on your Company Letterheads and then emailed or even faxed straight from the computer to your Client.

A Detailed Quotation Breakdown and Analysis Sheet can also be produced for the in-house file copy.

Finally the person who is creating the quotation can do an instant dry run of MRP and scheduling to see what is the first date that the component being quoted can be produced. This is an extremely powerful feature that can give significant benefits to your customers.