Vykor, Inc. Announces the Vykor Sourcing Solution - Lowering the Cost Of Engineered Parts and Tooling

Heavy Manufacturing, Procurement Organizations Benefit From Lower Costs, Better Visibility Into the Supply Base and Easier Work Transfer

PROCURECON CONFERENCE, PHOENIX, Oct. 8 /PRNewswire/ -- Vykor, Inc., the premier commercial provider of Strategic Sourcing solutions for engineered, machined parts and tooling, today announced the immediate availability of the Vykor Sourcing Solution. Built on Vykor's Global Production Format(TM) (GPF), the Vykor Sourcing Solution lowers the costs of engineered parts and tooling, provides insight into the supply base and enables easier work transfer.

"The divestiture of internal manufacturing, consolidation of the local supply base, and global purchasing to benefit from lower labor costs, are economic realities challenging procurement organizations to redefine the way they source parts and work with their suppliers," said Rob Eleveld, CEO of Vykor, Inc. "The Vykor Sourcing Solution addresses these needs by delivering an optimized manufacturing process, visibility of the supply base and a systematic approach to driving cost reductions for engineered parts and tooling."

Benefits of the Vykor Sourcing Solution are:

- - Lower prices for your engineered parts and tooling

- - Bid validation through the 'should manufacture cost'

- - Supplier selection based on the required capabilities

- - Common vocabulary for communicating with your global supply base

- - An optimized manufacturing plan from day-one of production

- - A library of best production practices

- - Quantifiable justification for the adoption of new, better technology

This comprehensive solution combines the Global Production Format with Vykor's Professional Services(TM) (VPS) and software in the following offerings:

- - VPS Part Analysis: with Vykor Cost Advisor and Vykor GPF Advisor, cost saving opportunities are identified and documented by Vykor Professional Services. For each part analyzed, the optimal manufacturing strategy is created, and the required machining environment is defined and tailored for the specific capabilities of the chosen supplier.

- - VPS Supplier Engagement: a one-time, supplier capabilities assessment and training class to realize cost reduction targets and provide better visibility into the supply base. NC programmers, at the supplier, will be able to convert a Global Production Format file into optimized tool path, for lower production costs.

"Every manufacturing organization has engineered parts and tooling that are difficult to produce at lower costs," said Jamie Yelle, President of Royell Manufacturing. "By implementing the expertise and technology in the Vykor Sourcing Solution on a challenging part, we realized a reduction of over 60% in machining runtime, more than exceeding our cost reduction targets for Royell Manufacturing."

Global Production Format

Vykor's technology captures and optimizes the manufacturing process for engineered machine parts and tooling, resulting in reduced run-times, reduced costs, and increased quality. Once all variables of the process are defined, the strategy is captured and managed in a standards-based, XML file called the "Global Production Format" (GPF). The GPF uses the rough parametric sizing of manufacturing features, even before a design is complete, enabling the manufacturing process to be defined concurrently with the part design. Results of the GPF are a road map for NC CAM based on the best machining practices. Software and services built on Vykor's GPF include:

Vykor Cost Advisor(TM): an online part management application detailing the costs, manufacturing strategies and run-times of engineered parts and tooling. Built on advanced cost algorithms, Vykor Cost Advisor emulates the run-time of a manufacturing strategy captured in a GPF to produce both non-recurring and recurring costs. With this technology, procurement organizations may create quantifiable cost comparisons for accurate quoting, identify the optimal production strategy, evaluate new technology, and review producibility design changes.

Vykor GPF Advisor(TM): a robust manufacturing strategy creation tool for capturing and leveraging the best production practices. This client-side software automates Vykor's unique methodology by capturing manufacturing features, cutting strategies, and the machining environment and storing it all within a Global Production Format file. Simple GPF creation provides accurate quoting while detailed GPFs enable the trial of multiple approaches to identify the optimal plan. Vykor GPF Advisor is geometry independent, using the rough parametric sizing of features, and creates a road map for NC CAM.

Vykor Professional Services (VPS), Vykor's team of manufacturing experts, averaging 25 years of experience, dedicated to lowering part costs and working with the supply base. VPS is staffed with a diverse group of authorities with experience as design engineers, manufacturing engineers, NC programmers, and CAD/ CAM software vendors. Industry knowledge includes aerospace, automotive, heavy equipment and other heavy manufacturing companies.

About Vykor, Inc.

Vykor(TM) is the premiere commercial provider of Strategic Sourcing solutions for engineered, machined parts and tooling to the world's leading industrial manufacturing companies. Vykor's innovative methodologies, services and software create, capture, and quantify optimal manufacturing processes and their associated costs. With Vykor Strategic Sourcing solutions, procurement organizations can lower part costs, reduce schedule risks, improve supplier selection, and optimize work transfer within their supplier community. 

www.vykor.com

 

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