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Commenced in January 2007 Frequency: Monthly Edition: International Publications Count: 29022


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2135
Price Quoting Method for Contract Manufacturer
Abstract:
This is an applied research to propose the method for price quotation for a contract electronics manufacturer. It has had a precise price quoting method but such method could not quickly provide a result as the customer required. This reduces the ability of company to compete in this kind of business. In this case, the cause of long time quotation process was analyzed. A lot of product features have been demanded by customer. By checking routine processes, it was found that high fraction of quoting time was used for production time estimating which has effected to the manufacturing or production cost. Then the historical data of products including types, number of components, assembling method, and their assembling time were used to analyze the key components affecting to production time. The price quoting model then was proposed. The implementation of proposed model was able to remarkably reduce quoting time with an acceptable required precision.
Digital Object Identifier (DOI):

References:

[1] S.Devarajan and D.L. Santos (1999), "A product cost quotation system for contract electronics manufacturers," SMTA international Proceedingf of the Contract Manufacturing Symposium,San, Jose CA, pp35-46.
[2] M. EIHafsi (2000), " An operational decision model for lead-time and price quotation in congested manufacturing system," European Internatinal of Operation Research, 126 (2), pp355-370.
[3] E. Shehab and H. Abdalla (2002), " An intelligent knowledge-based system for product cost modeling," International Journal of Advanced Manufacturing Technology, 19 (1), pp. 49-65
[4] H. Lan and Y. Ding, (2007) "Price quotation methodology for stereolithography parts based on STL model," Computers & Industrial Engineering, 52, pp 241-256.
[5] Draper, N. and Smith, H. (1981) Applied Regression Analysis, 2d Edition, New York: John Wiley & Sons, Inc.
[6] Efroymson, MA (1960) "Multiple regression analysis." In Ralston, A. and Wilf, HS, editors, Mathematical Methods for Digital Computers. Wiley.
[7] Wei, Y., and Egbelu, P.J (2000), "A framework for estimating manufacturing cost from geometric design data," International Journal of Computer Integrated Manufacturing, 13 (1), pp. 50-63.
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