fact sheet

Transform tool costing with precision and transparency

Gain actionable insights for better supplier negotiations, accurate quotations, and cost-effective decision-making in tool cost management.

Reading time: 7 minutes

In today’s cost-sensitive markets, professional and data-driven tool cost management is critical for manufacturers managing complex and diverse production needs. With shorter product lifecycles and rising requests for quotations (RFQs), tool costs now significantly impact overall product profitability across organization-wide processes. Teamcenter® Tool Costing equips manufacturers with advanced parametric and 3D-based tools to calculate accurate costs for injection molding, die casting, stamping, and bending technologies. Featuring seamless integration with manufacturing workflows and the Siemens Xcelerator ecosystem, it delivers transparency, actionable insights, and efficiency to streamline RFQs, boost supplier performance, and protect margins.

Transform tool costing with precision using Teamcenter Tool Costing

Benefits of Teamcenter Tool Costing

  • Increase transparency of cost drivers for better budgeting, decision-making, and negotiation strategies.
  • Streamline RFQs using structured calculations and reusable cost data libraries.
  • Generate fast, reliable quotes with precise cost breakdowns.
  • Integrate tool and product costing for holistic assessments of tool, part, and program cost impacts.
  • Centralize cost data for materials, processes, labor rates, and MPOR updates.
  • Enhance agility in dynamic markets with scenario analysis and real-time cost insights.
  • Leverage the cloud to reduce IT overhead and improve security and administration.

Key features

  • Advanced parametric and geometry-based calculations

    Evaluate costs for injection molding, die casting, stamping, and bending tools using detailed 3D models.

  • Automated feature recognition

    Seamlessly detect cost-driving geometries such as undercuts, wall thickness, ribs, and opening areas with NX Feature2Cost.

  • Rich reference data

    Access structured master data, including material prices, processes, and labor rates, for accurate, consistent cost evaluations.

  • Scenario analysis

    Adjust for material, location, volume, capacity, and technology changes, enabling insightful decision-making.

  • Purchase price validation

    Compare supplier quotes with internal shadow calculations to foster fact-based negotiations and improved supplier relations.

  • Cloud-enabled efficiency

    Simplify IT management with secure and scalable cloud deployment.

How Teamcenter Tool Costing works

Teamcenter Tool Costing simplifies complex tool cost management through an intuitive, integrated platform. It connects seamlessly with CAD formats like JT™, Parasolid®, STEP, CATIA, and Creo, among others. Automated feature recognition powered by NX Feature2Cost identifies cost-driving elements such as wall thickness, undercuts, and cutting areas, empowering engineers to address cost challenges early in the product lifecycle. With built-in cycle time calculators and real-time scenario analyses, it supports fast, transparent, and data-driven decision-making for tooling manufacturers.

Why choose Teamcenter Tool Costing?

  • Expertise in solving complex manufacturing challenges and optimizing tool costs
  • Modern cloud-supported capabilities for reduced IT effort
  • Connected cost analysis for tools and products, enabling comprehensive cost optimization
  • Seamless integration with Siemens Xcelerator and other industry-leading PLM solutions

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