CostEngine (MfgIQ)¶
Intelligent Manufacturing Costing & Quotation System
Overview¶
CostEngine transforms complex manufacturing cost calculations into transparent, defendable quotes. Built for MSME/SME manufacturers handling frequent RFQs with Excel-based workflows.
Target Users¶
- Manufacturing estimators and costing teams
- Sales teams handling RFQs
- Operations managers requiring cost visibility
Core Value Proposition¶
"Explainable costing from your existing Excel logic — quote-ready in minutes."
Key Benefits¶
Yes 60-70% faster costing - From RFQ to quote in minutes, not hours
Yes 100% explainable - Every cost component is traceable and defensible
Yes Excel-first approach - Import your existing logic, don't rebuild it
Yes Margin confidence - Multiple pricing scenarios with clear trade-offs
Quick Navigation¶
Core Workflow¶
graph LR
A[RFQ Upload] --> B[Part Setup]
B --> C[Cost Build]
C --> D[Review & Override]
D --> E[Margin Scenarios]
E --> F[Quote Output]
F --> G[Save Version]
style A fill:#e3f2fd
style C fill:#fff3e0
style E fill:#f3e5f5
style F fill:#e8f5e9
What Makes CostEngine Different?¶
| Feature | Traditional Approach | CostEngine |
|---|---|---|
| Onboarding | Replace existing Excel | Import Excel logic |
| Costing Time | 2-4 hours per quote | 15-30 minutes |
| Consistency | Varies by estimator | Standardized & repeatable |
| Explainability | "Trust me" | Full breakdown + assumptions |
| Versioning | Manual file naming | Automatic with change tracking |
System Capabilities¶
Costing Engine¶
- Material cost calculation
- Multi-step routing & operations
- Outside process management
- Scrap & yield handling
- Overhead allocation
📝 Explainability¶
- Component-wise breakdown
- Assumption tracking
- Override history
- "Why this number?" drill-down
Pricing & Margins¶
- Multiple margin scenarios
- Customer-specific pricing rules
- Freight & payment terms
- Quote comparison
🔄 Version Control¶
- Immutable cost snapshots
- Change tracking
- Version comparison
- Audit trail
Get Started¶
- Understand the Domain Logic - Learn how the costing engine works
- Review MVP Scope - See what features are included
- Explore Data Formats - Check Excel template structure
Success Stories¶
ROI in One Quote
One avoided bad quote pays for the entire software investment.
Consistency Across Teams
Same inputs produce same outputs — no more estimator variance.
Built for manufacturers who need speed, accuracy, and confidence in their quotes.