CostEngine
From drawing to costing sheet in minutes, not hours.
Overview
CostEngine automates component costing for manufactured and purchased parts. Instead of manually reading drawings, listing sub parts, calculating raw material usage, calculating wastage, deriving net weight, applying overheads, and entering everything into Excel, the engineer simply uploads the drawing. CostEngine generates a ready costing sheet in minutes.
Key Features
Allows engineers to upload or scan a component drawing.
Reads component drawings and extracts relevant costing details.
Identifies sub parts, dimensions, quantities, and weights.
Calculates raw material usage for every sub part.
Calculates material wastage for every sub part.
Derives net weight and net cost automatically.
Applies configured overhead rates such as logistics, finishing, assembly, and other cost heads.
Generates a complete costing sheet and exports it to Excel.
Supports instant re costing when a revised drawing is uploaded.
Uses the client’s raw material price database for current cost calculations.
Use Cases
Vendor price negotiation.
Component costing for manufactured parts.
Purchased component benchmarking.
Design revision costing.
Engineering costing automation.
Raw material usage and wastage tracking.
Standardized costing across teams.
Faster quotation and procurement decisions.
Technical Highlights
Drawing to data extraction pipeline.
Component and sub part recognition.
Raw material usage calculation engine.
Material wastage calculation logic.
Net weight and net cost computation.
Raw material pricing database integration.
Configurable overhead rate module.
Excel export workflow.
Revision based re costing.
Validation against existing manual costing sheets.
Business Impact
Save 2 to 4 hours per component.
Reduce costing errors to near zero.
Respond quickly to design changes.
Create consistent cost benchmarking.
Apply overhead rates uniformly across engineers, batches, and teams.
Use updated material prices for reliable cost sheets.
Build a stronger basis for vendor negotiation.
Reduce repeated Excel based manual work.
Deployment Approach
RootStock Technology follows a structured 3 month go live approach. The process starts with connecting the drawing repository, ERP data, costing templates, and raw material price database. The solution is then validated against existing manual costing sheets before being deployed across the component catalogue. The goal is to keep the engineer’s workflow simple: upload the drawing and receive the costing sheet.
Three solutions. Compounding returns.
Each solution delivers value independently. Together, they create an intelligent supply chain from component costing for vendor negotiation, through verified material arrival at the gate, all the way to live inventory intelligence that tells the team what to order next.
InvenSync
From reactive stock management to AI driven demand forecasting and proactive replenishment.
20 to 30 percent reduction in inventory carrying costs.
CostEngine
From hours of manual Excel work per component to an automated drawing to costing workflow.
2 to 4 hours saved per component with near zero calculation errors.
GateFlow
From manual gate entry and disconnected QC checks to a verified barcoded inbound chain.
Under 2 minutes gate clearance with zero re verification at QC.
What comes next
Phase II extends Business Optimization into a wider intelligent operations layer across the organization.
- Unified dashboard with tailored views for HQ, regional offices, dealers, and service centres.
- Role based access control so each location only sees the data it should.
- Critical AI alerts for stock arrivals, dispatches, and minimum level breaches.
- Smart triggers for custom event driven rules based on real time floor data.
- Dealer network extension for inventory visibility across direct and indirect distribution channels.
Intelligence engineered for the real world.
RootStock Technology builds AI grounded in how manufacturing businesses actually operate: complex, fast moving, and driven by people on the floor, not just by data in dashboards.
Ready to automate component costing?
Book a discovery call to see how CostEngine can simplify drawing based costing, reduce engineering effort, and improve vendor negotiation accuracy.