West Springfield, MA -- (SBWIRE) -- 06/07/2010 -- MTI Systems is proud to have implemented its products and services at over 1,200 companies with over 10,000 trained users since its inception in 1982.

"Costimator is currently being utilized in the Americas to respond quickly to request for quotes, to provide target pricing to suppliers and validate quotes received from the supply base. Ultimately, this tool will be utilized globally allowing us to estimate accurately and rapidly within each region," reports Kristen Housley of Jabil Circuits.

MTI Systems is the leading provider of innovative cost estimating solutions for manufacturing, working with OEM’s and Suppliers worldwide. Costimator is the leading cost-estimating technology solution.

MTI Systems for OEMs:

OEM's worldwide use Costimator OEM to identify and understand the cost drivers in the parts they design, manufacture, and procure. This invaluable information enables them to reduce product design and manufacturing costs in all phases of the product development lifecycle. Engineers are able to design products that meet cost targets while purchasing can negotiate optimal pricing based an understanding of what a part should cost.

MTI Systems Should Cost Estimating Services division was formed in 2007 to meet the ever growing needs OEMs looking to outsource their cost engineering requirements. MTI engineers, utilizing their extensive costing expertise and the company’s Costimator OEM software, provide detailed part cost analysis that identifies cost reduction opportunities at design and production.

MTI Systems’ cost estimating technology and service covers hundreds of manufacturing processes including machining, fabrication, plastics, electronics, and assembly and is able to estimate parts manufactured in the U.S. and abroad. Dependable cost data enables OEMs to hit cost targets and product launch dates, reduce the need for time consuming re-designs, lower part costs, and increase profit margins.

MTI Systems for Suppliers:

Costimator JS provides job shops with an easy-to-use, fast, accurate, and consistent method to estimate cycle times and costs for quoting purposes. This enables them to:

• Optimize their ability to win profitable contracts.
 Increased RFQ "Win" percentages
 Reduce Non-Profitable Jobs
 Optimize Profit Margins
 Reduced estimating time
 Increased quoting throughput

MTI Systems, Inc.
http://www.mtisystems.com
David LaJoie
david.lajoie@mtisystems.com
VP Sales & Marketing
413-693-0617