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Your TRUE Cost Solution Partner Who is Veros Group Jack Witt and - PowerPoint PPT Presentation

Your TRUE Cost Solution Partner Who is Veros Group Jack Witt and Bill Bowen have more than 40 years of combined aerospace and manufacturing experience. Areas consisting of operations, production, estimating, planning, procurement and


  1. Your TRUE Cost Solution Partner

  2. Who is Veros Group ❑ Jack Witt and Bill Bowen have more than 40 years of combined aerospace and manufacturing experience. ❑ Areas consisting of operations, production, estimating, planning, procurement and program management. ❑ Experience with teams computing and analyzing Design to Cost, Should Cost and Program Cost Management. ❑ Understands the struggle of inadequate data, guesstimating, historical data assumptions and RFQ time delays to program dates.

  3. What is Veros Group ❑ Veros helps you answer all of your cost questions and/or concerns. ❑ Enabled by three core benefits: ▪ Visibility, Consistency and Throughput ❑ Veros becomes the nucleus of profitable manufacturing. Empowers personnel with consistent, reliable, comprehensive and accurate information. ❑ Veros provides early visibility to cost, consistency of costing practices across all members of the team and higher throughput of cost optimized parts.

  4. No More Guesstimating ❑ Increase Profitability ▪ Profitability begins with accurate and comprehensive estimates. ❑ Make more Money in less time ▪ Manufacturing success means beating the competition, NOT yourself. ❑ Complete estimating accuracy ▪ Accurate estimates are essential to remain competitive and profitable. ❑ Gain control and Eliminate loses ▪ Overpriced = Lost Opportunities and Underpriced = Lost Profits.

  5. Its in the DATA ❑ Veros Group utilizes Automatic Feature Recognition (AFR) software to consistently analyze machined details, sheet metal details, assemblies and more. ❑ Wrap Rate Calculator for machines, regions and labor costs. ❑ Utilizing all of this, Veros Group, can create a Virtual Manufacturing Environment (VME) of any facility to accurately and quickly determine the costs before submitting bids, budgets or manufacturing the details.

  6. Automatic Feature Recognition (AFR) ❑ Automatically identifies and groups topological entities into manufacturing features. ❑ Automatically recognizes CAD features such as holes, fillets, slots, pockets, ribs, bends, etc, and their parameters from the model. ❑ Interpolates the drawing and produces machined specific engineered process plans with comprehensive times and costs. ❑ Displays a feature tree so that attributes can be viewed and selected.

  7. Wrap Rate ❑ Wrap Rate is the total cost for one hour of direct labor in your facility. ▪ Inputs include direct labor, manufacturing overhead, general and administrative expense and profit markup. ▪ These inputs capture machine costs, floor space costs, energy consumption, overall equipment effectiveness (OEE) and labor costs.

  8. Virtual Manufacturing Environment (VME) ❑ Digital model of your factory used to produce True Cost assessments. ❑ Materials ❑ Machines, machine capabilities/constraints, time standards and tooling. ❑ Process Routing model ❑ Cost Modeling

  9. Proof of Concept ❑ We would like to earn your business by proving our processes on parts currently in your production or procurement arena. ❑ Provide us with a model (.stp, .cat), raw material stock size and the parts list (.pl) of your choice. ❑ We will provide you with a costing report and ask that you provide feedback accordingly.

  10. Your TRUE Cost Solution Partner Thank You Jack Witt | jwitt@verosgroupllc.com | 316-670-2969 Bill Bowen | bbowen@verosgroupllc.com | 316-210-7411 verosgroupllc.com

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