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Change Your Machine Shop Hourly Rates and Markup: Watch an Open Quote Reprice (Real Time)

Rates per work center live in Settings, and every open quote follows them. Here a quote priced at QuotedPart's U.S. default rates is repriced by typing an example shop's rates for the 3-axis VMC, CAM programming and inspection, then by taking the markup from 30% to 25%.

Change Your Machine Shop Hourly Rates and Markup: Watch an Open Quote Reprice (Real Time) · one real-time take of the live app, no voice-over. Watch on YouTube
Part and inputs
QuotedPart's NW-1042 sample bracket (STEP + PDF), already priced at QuotedPart's U.S. default rates in the guest demo; the rates typed are an example, not a real shop's.
What it shows
At QuotedPart's U.S. default rates the bracket is $111.57 each at 10; CAM and the 3-axis VMC run at $95/h. An example shop's rates are typed in Settings: the 3-axis VMC at $125 an hour, CAM programming at $85, inspection at $90; 2 open quotes repriced. Each at 1, 10 and 50: $672.46, $111.57, $59.49 before; $731.93, $124.10, $67.85 now. Markup 25% on the part: $703.78, $119.33 and $65.24 each at 1, 10 and 50.
Recorded on
The live app at quotedpart.com, nothing sped up, on-screen text instead of a voice. Published on YouTube .

The guide that goes with it: One shop rate or a rate for each machine?.

Chapters

  1. 0:001. A priced quote
  2. 0:142. Machines & rates
  3. 0:333. The quote repriced
  4. 0:524. Markup
  5. 1:095. The new price
  6. 1:206. Try it

Transcript

The video's on-screen text, word for word, with the time each line appears.

  1. 0:04A quote already priced at QuotedPart's U.S. default rates: QuotedPart's NW-1042 sample bracket, $111.57 each at 10.
  2. 0:10Every line runs on a work center at its hourly rate: CAM at $95/h, the 3-axis VMC at $95/h.
  3. 0:15Your shop's rates are different. Open Settings, Machines & rates.
  4. 0:20Type an example shop's rates: the 3-axis VMC at $125 an hour, CAM programming at $85, inspection at $90.
  5. 0:29Saved as you type, and it says so: 2 open quotes repriced.
  6. 0:33Back to the quotes, and open this one.
  7. 0:41CAM now at $85/h, the VMC at $125/h: every line on those machines repriced.
  8. 0:46Each at 1, 10 and 50: $672.46, $111.57, $59.49 before; $731.93, $124.10, $67.85 now.
  9. 0:52Markup works the same way: Settings, Pricing & markup. Take it from 30% to 25%.
  10. 1:10Markup 25% on the part: $703.78, $119.33 and $65.24 each at 1, 10 and 50.
  11. 1:16Set your rates once; every quote, open or new, is priced at them.

Try it on one of your parts

Drop a STEP file or a PDF drawing and see it priced the same way, with no account.

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