FABTECH 2021

F73: Estimating Software to Manage the Job Shop - PAID SESSION (Room S403a)

Future of Fabrication: Using Estimating Software to Bring a Shop from a Model T to a Tesla
When a manufacturing company is more than 50 years old, how do owners ensure they are able to breathe new life into the business and keep it growing? It’s a question that one CEO, faced head on in 2020. The low volume, short run shop was hitting the growth wall as the ability to quote and launch parts limited the ability to move forward. It was recognized that he was in many ways operating the equivalent of a Model T in an era where buyers expect high-tech Teslas. The presenter will share his real-world story and practical lessons for how he kickstarted the future of fabrication in his shop, and the role of technology in bringing a shop into the 21st century – from more efficiently managing RFQs and better estimating parts, to improving customer engagement and meeting growing security standards
Clay Reiser - White Rock Manufacturing Solutions 

The Art & Science of Accurate Job Costing for High-Mix, Low-Volume Manufacturers
Manufacturing cost accounting can be a challenge even for seasoned financial accountants. Attend this session to understand how to more accurately cost jobs including using activity-based costing and other methods to more accurately reflect what the cost of a part truly is. Understand the costing options available in most ERP solutions and how to effectively utilize them to know your winners from your losers. Never lose money on a part again with effective manufacturing cost accounting processes and controls.
David Lechleitner - Ultra Consultants