OEMs Corner: Spare Parts Cost Estimation Software from Intellinet
Everybody is an estimator in daily life. Generally, estimation is a computation of a value. Everyday people compute value in their heads, when they are grocery store or when they are on a petrol filling station. Like in grocery store a person is estimating the number of hot dogs he’ll need for next two days, and there are no more hot dogs left. Anybody will survive if there are no more hot dogs left. But what if thousands of dollars are at stake in the same estimation process? When estimation is the way to determine, whether your company will win a contract or not, would you be interested in using same traditional method? The answer would be No. The Reality of Estimating and Methods Its 2019 and we are living in a fully advanced and fairly technological society. In various sector, companies are using estimation software, so why automotive is not? From the past few decades, I have noticed the work process of manufacturing units closely and found that to achieve accuracy in cost esti...