Aberdeen Group's findings show Cimatron customers deliver one week faster than the industry's Best-in-Class, four weeks faster than the industry laggards
Givat Shmuel, Israel – August 1, 2007 – Findings from the Aberdeen Group's 21st Century Mold and Die Shop Benchmark study show that Cimatron customers are able to provide significantly faster delivery times than those offered by the rest of the industry. On average, Cimatron customers deliver products one week earlier than shops classified by Aberdeen as industry Best-In-Class, and as much as four weeks earlier than shops classified as Laggards.
The study shows that the average delivery time for Laggard companies is 11.6 weeks, while Best-in-Class companies take an average of 8.7 weeks. Additional analysis of the data conducted by Aberdeen but not included in the published report shows that Cimatron customers require an average of just 7.9 weeks to deliver products to their customers.
"Interestingly, mold and die shops are now taking advantage of the value delivered by CAD, CAM and CAE technologies that mainline product development has been reaping for years," said Chad Jackson, Research and Service Director of Aberdeen's Product Innovation and Engineering practice and report author. "As a result, Best-in-Class shops are delivering tooling to their customers 3 weeks earlier than laggards. That means more jobs during the course of the year and increased revenue."
The report shows that Best-in-Class are increasing efficiency with standardized processes and roles that are supported with CAD, CAM and CAE technologies that have been specialized and automated specifically for the tooling industry. For example, among mold and die shops surveyed, 64% use CAD with tooling design automation, 70% use CAE to predict behavior of tooling in its eventual production environment and 63% use high speed machining technologies.
"The fact that companies using Cimatron are able to offer faster delivery times is a result of our relentless focus on the needs of mold and die makers," said Danny Haran, President and Chief Executive Officer of Cimatron. "Speed of delivery is a major competitive differentiator for tool makers. Our software provides specific functionality that automates and expedites a great deal of the design and manufacturing tasks involved in the tool making process. With our integrated end-to-end solution, tool makers can streamline the process from the moment they get the data from their customer to the final delivery of the product."
The findings from the Aberdeen study confirm what Cimatron customers have been reporting about their experience with the software. "Thanks to Cimatron DieDesign, we are establishing a quotation at an average of only one hour including the blanking, strip layout, and material utilization," said Thorsten Franke, Project Manager at Ernst Keller GmbH (Arnsberg, Germany). "Prior to DieDesign, we needed six hours for this kind of work."
"After we did our evaluation, we found nothing that could beat what was offered by Cimatron," said Patrick Vaillancourt, Lead Designer at Moules Industries (Quebec, Canada). "It's fast and easy to operate. There is other software out there, but in our view Cimatron is the only one that is made specifically for tool and mold shops."
"The tight integration of design and machining enables us to come up with better designs and streamline the transition from design to manufacturing," said Ron Hoard, Engineering Manager at Advance Mold (Livonia, Michigan). "It helps us optimize the entire process so we can serve our customers quicker and at a lower cost."
Jay Weiner, Mechanical Engineer and IT Manager at CAM Tool & Die (Ontario, Canada) said: "Cimatron's Progressive DieDesign application is highly powerful and flexible, with surfacing capabilities that are second to none. Being able to work in 3D from start to finish, we expect substantial productivity improvements. Weeks of work may be shortened into days."
Cimatron has participated in the underwriting of the report, although neither Cimatron nor the other underwriters have any editorial or research rights in the report and the facts and analysis of the report remain an exclusive production and product of Aberdeen.
About Aberdeen Group, a Harte-Hanks Company
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With more than 20,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time. Cimatron's cutting-edge CAD/CAM solutions are widely used in the automotive, medical, consumer plastics, electronics, and other industries.
Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. Cimatron's subsidiaries and extensive distributor network are located in over 35 countries to serve customers worldwide with complete pre- and post-sales support. For more information, please visit www.cimatron.com
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