Estimating Software provides data-mining tool option.
Press Release Summary:
Machine Shop Estimating (MSE) v11.0 is completely configurable and helps users maximize information stored in estimate databases. BizOptix(TM) option lets shops search any combination of past, current, or future jobs based on estimates or summarize any selection of information within that database. It delivers 4 dozen analyses for answering questions about customers, salespeople, purchase orders, or work centers, and results can be displayed in graphic form.
Original Press Release:
Data-Mining Tool Lets Shops Unleash the Power Behind their Numbers
New Berlin, Wisconsin - A powerful data-mining tool just released by Micro Estimating Systems, Inc., helps users maximize the information stored in their estimate databases. BizOptix(TM), available as an option in the new MSE1 11.0 estimating software, enables report capabilities that were previously unavailable.
"Users of the Micro Estimating(TM) system may have many years of data in their estimate databases," said Craig Hoffmann, Micro Estimating's Vice President of Research and Development. "BizOptix lets shops search or summarize any selection of information within that database."
Nearly four dozen analyses are newly available to answer most common questions about a shop's customers, salespeople, purchase orders, or work centers. Results can also be displayed in graphic form.
Data-mining the estimate database yields many possibilities, such as: identifying best or worst customers; determining most or least profitable types of parts; calculating shop loading based on hours estimated for given periods; and predicting future sales, potential machine loading, or upcoming resource allocation.
"BizOptix can use historical data to determine hours quoted versus jobs won for specific machine tools," Hoffmann said. "This would help a shop owner determine when it's time to consider increasing shop capacity."
What's more, BizOptix's simplicity puts all of these answers within everyone's reach, according to Mark Chapman, owner of Chapman Technology Group, Inc., a Micro strategic partner and developer of the BizOptix software. "The simplicity of customizing the analysis software empowers even the most computer-phobic user to quickly obtain any special analysis," he said.
"BizOptix provides detailed information to users who need it, yet doesn't demand they understand the intricacies of the database," Chapman said. "This tool lets shop personnel search any combination of past, current, or future jobs based on the estimates. It produces revealing information from the historical data. In addition, the user can drill down to see the numbers behind the numbers."
In short, the new MES BizOptix analysis tool manipulates virtually any available estimate data and is completely configurable by the user.
Chapman Technology Group, Inc., the developer of BizOptix solutions, provides decision-makers with tools for information security and data analysis in easily understood formats.
Micro Estimating Systems, Inc., a subsidiary of OnCourse Technologies, Inc., develops and markets high-precision business software for estimating, process planning, cost analysis, and methods analysis for CNC and manual equipment.
Micro Estimating Systems Inc., a subsidiary of OnCourse Technologies Inc., develops and markets high precision business software for estimating, process planning, cost analysis, and methods analysis for CNC and manual equipment.
Micro Estimating Systems, 3106 South 166th Street, New Berlin, WI 53151; telephone: (262) 860-0560; FAX: (262) 860-0561; website: www.microest.com.
1 MSE - formerly Machine Shop Estimating