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Budgeting Costing and Estimating for the Injection Moulding Industry 1st Edition by Peter Jones ISBN 1847352138 9781847352132

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Budgeting Costing and Estimating for the Injection Moulding Industry 1st Edition Jones Digital Instant Download

Author(s): Jones, Peter
ISBN(s): 9781847352132, 1847352138
Edition: 1
File Details: PDF, 4.85 MB
Year: 2010
Language: english
SKU: EB-4673246 Category: Tags: ,

Budgeting Costing and Estimating for the Injection Moulding Industry 1st Edition by Peter Jones – Ebook PDF Instant Download/Delivery: 1847352138, 9781847352132
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Product details:

ISBN 10: 1847352138 
ISBN 13: 9781847352132
Author: Peter Jones

These topics are the source of much confusion in the plastics industry and from the research carried out by the author, there does not appear to be any kind of authoritative published work that addresses these topics. This book addresses these topics head-on to explain in detail all the stages involved from budgeting to the final estimate. This book discusses and defines the different methods of budgeting, costing and estimating that are normally used within the injection moulding industry. In order to establish the costing system, the operating costs first have to be identified and quantified by means of a budget. Based on the budget, a costing system can then be developed that can be applied to determine the manufacturing cost of each product a company manufactures. The underlying theme of this book is the maximisation of profits through the control of costs. Hence, emphasis is placed on ensuring the understanding of costing and estimating models through discussion and examples. This book will be of considerable value to managers of injection moulding companies, to Accountants who work in these companies and users of the equipment who may have to some of the costing and budgeting for new projects.

Budgeting Costing and Estimating for the Injection Moulding Industry 1st Table of contents:

  1. Chapter 1: Fundamentals of Budgeting in Injection Moulding

    • The Importance of Accurate Budgeting

    • Types of Budgets Used in Injection Moulding

    • Key Factors Influencing Budget Creation

    • Strategies for Setting Realistic Budgets in Injection Moulding

  2. Chapter 2: Costing Methods for Injection Moulding

    • Direct Costs vs. Indirect Costs in Injection Moulding

    • Fixed and Variable Costs: How They Impact Pricing

    • Labor, Material, and Overhead Costing

    • Activity-Based Costing (ABC) in Injection Moulding

  3. Chapter 3: Estimating Costs for Injection Moulding Projects

    • The Estimation Process: From Prototype to Production

    • Estimating Material Costs: Resin, Additives, and Colors

    • Estimating Machine and Tooling Costs

    • Estimating Labor Costs: Skilled vs. Unskilled Labor

    • Identifying and Estimating Overheads: Utilities, Maintenance, and Facility Costs

  4. Chapter 4: Injection Moulding Equipment and Tooling Costs

    • Types of Moulds and Tools Used in Injection Moulding

    • Factors Affecting Tooling Costs: Design, Material, and Complexity

    • Tooling Life Cycle and Depreciation

    • Budgeting for Equipment and Tool Maintenance

    • Managing Capital Investment in Injection Moulding Equipment

  5. Chapter 5: Material Cost Management in Injection Moulding

    • The Role of Raw Materials in the Production Process

    • Managing Material Waste and Scrap

    • Optimizing Material Usage to Reduce Costs

    • Pricing and Sourcing Raw Materials for Injection Moulding

  6. Chapter 6: Energy and Utility Costs in Injection Moulding

    • Understanding Energy Consumption in Injection Moulding

    • Strategies for Reducing Energy Costs

    • The Impact of Energy Prices on Overall Production Costs

    • Sustainable Practices for Energy Management in Moulding

  7. Chapter 7: Cost Control and Cost Reduction Strategies

    • Identifying and Controlling Cost Overruns in Moulding Production

    • Lean Manufacturing Principles and Their Application in Injection Moulding

    • Continuous Improvement and Cost Savings Measures

    • Managing Waste Reduction and Process Optimization

  8. Chapter 8: Pricing Injection Moulded Products

    • Setting Product Prices: Factors to Consider

    • Market Analysis and Competitor Pricing

    • Profit Margins and Return on Investment (ROI) Calculations

    • Flexible Pricing Models for Custom vs. Standard Products

  9. Chapter 9: Financial Planning and Forecasting in Injection Moulding

  • Financial Statements and Their Role in Cost Management

  • Cash Flow Management for Injection Moulding Companies

  • Forecasting Future Costs and Budget Adjustments

  • Identifying Financial Risks and Mitigation Strategies

  1. Chapter 10: Case Studies and Real-World Applications

  • Case Study 1: Budgeting and Costing for a Large-Scale Injection Moulding Project

  • Case Study 2: Cost Estimating for Custom Moulded Products

  • Case Study 3: Reducing Waste and Improving Profitability through Cost Control

  • Lessons Learned from Successful Budgeting and Costing Practices

  1. Chapter 11: Advanced Topics in Injection Moulding Costing

  • Costing for Multi-Cavity Moulds and Complex Part Designs

  • The Impact of Automation and Robotics on Moulding Costs

  • Managing Overhead and Allocating Costs in a Multi-Product Facility

  • The Future of Costing in Injection Moulding: Innovations and Trends

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Tags: Peter Jones, Budgeting Costing, Estimating, Moulding Industry