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How to estimate your tooling costs accurately?

Webinar on demand

Accelerate and optimize your product design processes and tool costing in mold, tool and die making.

Accelerate and optimize your product design processes and tool costing in mold, tool and die making with NX and Teamcenter Tool Costing

One of the key challenges that mold builders face is competing in the global market to produce tooling at a competitive cost while maintaining part quality. While most companies estimate tool cost based on experience or spreadsheets, they often end up with wrong calculations — either quoting too high and then losing the order to the competition or incurring extra costs during the remainder of the manufacturing process that yields a financial loss.

Attend this webinar to learn how our solutions NX and Tool Costing supports design engineers with the opportunity to be more aware of costs associated with their designs and design decisions.

With a demo for Tool Costing and NX Feature2Cost, we provide insights on how to:

  • Automatically identify features on molded or stamped parts
  • Opportunity to manually modify the resulting cost drivers
  • Seamless integration between Teamcenter and NX
  • Calculation based on standardized commercial terms such as exchange rates

About the presenter:

Peter Jockel

Global Portfolio Manager, Teamcenter Product Cost Management, Siemens Digital Industries Software

Before joining Siemens, Peter Jockel worked as a Tooling Designer and as Process Planning & Cost Engineer for Stamping Engineering for different automotive companies like BMW and GM. After joining Siemens he was responsible in the service organisation for Teamcenter Product Cost Management trainings. Since 2018, he is responsible as Global Portfolio Executive to manage and develop the portfolio business for Teamcenter Product Cost Management worldwide.