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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

  1. Understand the Domain Logic - Learn how the costing engine works
  2. Review MVP Scope - See what features are included
  3. 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.