Questions buyers and engineers ask us.

CostmatiQ is one connected cost intelligence platform for manufacturers. It works out what a part should cost from its drawing and 3D model (material, process, tooling, overheads, packaging, freight and a fair supplier profit), so your team negotiates with evidence.

Should-costing estimates a part's cost by calculation, not assumption. It picks the optimal manufacturing route (minimum material wastage, minimum processing time, the right machine) and adds material, process, tooling, overheads, packaging, freight and duties, and a fair supplier profit. The result is a clear cost benchmark for supplier discussions.

It turns cost negotiation from opinion into evidence: fact-based negotiation, the true savings gap quantified, design-driven cost exposed for VA/VE, sound make/buy and sourcing decisions, supplier development rather than just pressure, and cost knowledge that stays with the company.

A 2D drawing and a 3D model (STEP) are the usual starting point. If there is no CAD, an Excel BOM works instead. Add the supplier's cost breakup or quote to get the quote-gap analysis and negotiation levers.

You get a should-cost report (material, conversion, tooling, packaging, logistics, markups), simulation results, tooling layout and cost, CO2e and alternates, DFM analysis, design-to-cost analysis, and a quote-gap analysis with negotiation levers. Live negotiation assistance is on the roadmap.

Seven commodity families, each with its own engine: Machining (QCam), Plastics (QPlast), Sheet metal (QSheet), Casting (QCast), Forging (QForge), PCBA (QPCB) and Assembly (QJoin), plus QCad for CAD and DFM. The Platform page lists what each engine does.

We start with a POC on three of your parts (typically plastic, sheet metal and PCBA). Week 1: presentations to management, sourcing and engineering. Week 2: you share the drawing, STEP model and supplier quote. Week 3: we cost the parts at your premises. Week 4: output pack (cost report, gap analysis, negotiation levers) and a cross-functional review.

Raw-material cost is calculated from each part's material content and the current commodity rate. Commodity prices and indexes are tracked, and RM prices can be compared with what competitors pay, so RM negotiations run on index data.

For proprietary parts there are two routes to a should-cost: get the 3D models and drawings from the supplier, or tear the part down and reverse engineer it. Should-cost plus a market benchmark gives negotiation levers even with a sole-source supplier.

Capex is costed before the PO: tooling (mould and die cost from tool steel, standard parts, machining hours and tryout), jigs and fixtures from their design and build hours, and special purpose machines and lines station by station.

CostmatiQ goes further on engineering, data and sourcing: process engines that simulate the actual manufacturing (toolpaths, strip layouts, mould and gating layouts, assembly balancing), RM indexing, DtC CAD proposals and supplier RFQ on one platform. The Platform page shows the capability-by-capability comparison.

Quinn is the voice and chat assistant inside the CostmatiQ application: it reads and updates the BOM, runs costing and explains any number. Live negotiation assistance is on the roadmap.

CostmatiQ is deployed on Microsoft Azure. ISO 9001, ISO/IEC 27001, SOC 2 and VAPT are in progress; we show their current status rather than claim them early. For a security questionnaire, the sales team can help.

CostmatiQ Private Limited is a Made in India company with its registered office in Tiruvallur, Tamil Nadu. It is a registered private limited company, recognised under Startup India (DPIIT) and registered as an MSME (Udyam).

You can reach CostmatiQ at sales@costmatiq.com or +91 70198 09816. The registered office is in Tiruvallur, Tamil Nadu.