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How to use — Should Cost
Should Cost builds a target price for a product from the ground up. Describe the part; the tool calculates what it should cost using built-in regional machine, labour and overhead rates for 12 countries and 20 manufacturing processes.
Required inputs
Material — Material type and weight (g or kg). The tool adds the scrap allowance from the selected process.
Manufacturing process — Sets the machine hourly rate and the tooling cost range.
Cycle time (seconds) — The most cost-sensitive input. If unknown, leave the default — it is loaded from the process automatically.
Assembly time (minutes) — Labour minutes for handling, inspection and packing of one part.
Manufactured vs Purchased
Manufactured — The part is produced. Fill material, weight, process, cycle time, tooling and assembly minutes.
Purchased — The part is bought ready. Enter only the unit purchase price; the other fields are disabled.
Tooling or consumable?
Apply one test: “Would this object still exist if my specific part were never ordered?”
No → Dedicated tooling. Enter the total tool cost; the tool amortises it across the annual volume.
Yes → Consumable (cutting tip, lubricant, standard die). Do not enter it here — it is already included in the machine hourly rate.
Finding cycle time — four sources
Supplier RFQ — ask “Seconds per part?” as a standard question.
Built-in default — loaded automatically when the process is selected.
Similar part benchmark — use a part of comparable weight and process you have bought before.
Factory observation — one minute with a stopwatch on site is enough.
Product Configuration
Bill of Materials
Part Name
Type
Material
Weight (kg)
Qty
Process
Cycle (s)
Tooling ($)
Assy (min)
Purch. ($)
Pre-filled with region defaults. Edit to override for this product.
Cost Breakdown
Add parts to the BOM to see cost breakdown.
Saved Products
No saved products yet.
Cost Change Calculator
Buyer level, vendor level Cost Change Calculation based on last price agreement date.
Monthly Updates — Cost price risks & opportunities updated on the 22nd of each month.
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