FTI CostOptimizer
Optimize Cost Accuracy and Efficiency with Hexagon’s FTI CostOptimizer
Struggling to Cut Stamping Costs Without Sacrificing Quality?
- Are outdated methods slowing down your quoting process?
- Do you need accurate, fast cost estimations to stay competitive?
- Looking for ways to optimize material usage and process planning?
Product Overview
Hexagon’s FTI CostOptimizer Professional is a powerful tool for manufacturing and process planning that enables fast, accurate cost estimation for tooling and piece prices in sheet metal production. By combining scientifically validated, physics-based simulation with cost analysis, CostOptimizer streamlines quoting and planning processes, making it indispensable for cost engineers, designers, and planners in the automotive, aerospace, and metal forming industries.
Who It's For
FTI CostOptimizer is tailored for manufacturing professionals in the automotive, aerospace, appliance, and heavy industry sectors where accurate cost estimation and material efficiency are crucial. Key users include:
- Cost Engineers: For precise cost breakdowns on piece prices and tooling, delivering reliable quotes that enhance customer confidence.
- Manufacturing and Process Engineers: Planning, optimizing, and validating tooling and forming processes to reduce time and cost.
- Design Engineers: Ensuring designs are optimized for manufacturability, avoiding costly rework, and minimizing material waste.
- Production Managers: Estimating press requirements, such as tonnage and shut height, to maximize resource utilization and efficiency.
- Suppliers: Offering accurate, transparent quotes and process insights to strengthen relationships with OEMs and stakeholders.
Key Benefits:
- Boost Cost Accuracy: Enhance competitive edge by providing precise, consistent quotes.
- Save Time and Resources: Automate cost estimation and reduce quoting time significantly.
- Optimize Product Design: Identify design changes that optimize material usage and cut production costs.
- Strengthen Client Trust: Build better relationships with data-backed transparency and reliability.
Features & Capabilities
- Detailed Cost Estimation: Generate exact tooling and piece price targets with a complete process plan for quoting.
- Process Planning: Create repeatable, detailed plans documenting each step and operation, including material, press, and die requirements.
- Material Utilization Optimization: Evaluate and suggest design changes to maximize material usage, reducing waste.
- Integrated Die Action Visualization: Easily visualize die actions per operation for streamlined process analysis.
- Comprehensive Press Requirements: Calculate tonnage, bed size, shut height, and energy requirements to select the optimal press for each project.
- Seamless System Integration: Connect detailed reports to any existing system for data consistency.
How It Works:
FTI CostOptimizer combines physics-based simulation with cost analytics, providing a seamless workflow for accurate cost estimation and process planning:
- Data Input and Material Selection: CostOptimizer integrates with CAD/CAE systems to analyze design data and material properties, creating a foundation for precise cost estimation and process validation.
- Physics-Based Simulation for Tooling and Process Planning: Using validated physics-based algorithms, CostOptimizer simulates forming processes, helping to assess tool feasibility, material utilization, and potential issues such as thinning or cracking.
- Cost Estimation and Reporting: The tool calculates tooling and piece prices based on process-specific parameters. CostOptimizer generates detailed, customizable reports that seamlessly integrate with ERP and quoting systems, enhancing workflow efficiency.
- Optimization Recommendations: CostOptimizer analyzes material usage and recommends design modifications to reduce costs. It also assesses press requirements (e.g., tonnage and shut height) to match available resources, ensuring compatibility and minimizing waste.
FTI CostOptimizer enables teams to make informed decisions at every stage, from initial design to final production. By minimizing costly trial-and-error, the tool supports efficient, profitable manufacturing processes while building trust with accurate, data-backed quotes.
Why Hexagon FTI CostOptimizer?
- Hexagon FTI CostOptimizer has been validated by leading OEMs and Tier 1 suppliers, making it the go-to software for companies like Flex-N-Gate and Adient, which are looking to streamline cost estimation and process planning.
- Flex-N-Gate, for instance, saw quoting time drop from hours to minutes, allowing them to process thousands of quotes annually with greater accuracy and efficiency.
Ready to improve cost estimation and process planning for your team?
Schedule a demo today to discover how FTI CostOptimizer can elevate your costing strategy and add significant value to your operations.