New Release : Enhanced Scrap / Re-Work Calculations for KipwareQTE® - Machine Shop Estimating Software

Like it or not ... scrap and re-work is an integral part of the machine shop life. The importance of including the cost of scrap and re-work is essential when creating your cost estimates and quotations. Version 13.0.0 of our KipwareQTE® has been released and includes some very easy but powerful enhancements to the scrap calculations and formulas of the software.

We have included new inputs into the ESTIMATE INFORMATION tab where users enter their estimate reference information. New inputs and fields include :

1. Scrap Percentage ... where users can enter a percentage of the total estimate base quantity they would like to include for scrap or re-work.
2. Costs Associated with Scrap ... where the user can select which areas / costs are to be associated with the scrap or re-work. For example ... they can select to include only manufacturing costs such as material and tooling in the scrap cost calculations. Full options include material, tooling, labor and all non-machining costs.

These inputs and fields are quite simple ... but make it very easy to include the often over-looked scrap or re-work costs that are associated with real life on the real machine shop floor. Like the many other "real world" features included in KipwareQTE® ... like perishable tooling costs ... scrap and re-work cost inclusion will insure that your estimating and quoting with Kipware® is assisting with not only winning more work ... but winning more profitable work.

Version 13.0.0 with the new and enhanced scrap / re-work feature is shipping standard as of 08-04-14 with KipwareQTE®.

Kenney Skonieczny - President

Kentech Inc.