RFQ Costing for High-Volume Manufacturing – Excel Example

Step-by-step Excel walkthrough to calculate the RFQ unit price – trimmer manufacturing example

What you’ll learn
Calculate a complete RFQ product cost using real industrial costing methods, including material, labor, overhead, and tooling amortization.
Build a full should-cost model for a high-volume manufacturing project, from costed BOM to final unit price.
Create and cost a Bill of Materials including raw materials, purchased parts, and internal manufacturing costs.
Break down manufacturing processes to determine cycle times, scrap rates, and machine or labor costs.
Apply work study and MTM-based methods to estimate realistic cycle times during the RFQ phase.
Perform assembly line balancing for quotation purposes using takt time and a practical balancing template.
Design and interpret assembly line layouts with a focus on cost, capacity, and material flow.
Design and interpret assembly line layouts, including workstation planning and material flow.
Convert tooling, equipment, and automation investments into accurate cost-per-unit values.
Present a professional RFQ cost breakdown suitable for OEMs, sourcing teams, or internal management.

Requirements
Basic understanding of manufacturing or product cost structure is recommended.
Familiarity with industrial or production environments is helpful but not required.
All calculations are explained step by step using practical industrial examples.

Description
This course contains the use of artificial intelligence. This course is a practical, start-to-finish example of RFQ cost calculation for a high-volume manufacturing project, demonstrated step by step in Excel.Rather than teaching isolated theory or generic formulas, the course walks through one complete industrial example, showing how a product cost is built during the quotation phase — from the costed bill of materials and manufacturing process definition, through assembly line planning, balancing, and costing, to tooling and CAPEX amortization and the final RFQ unit price.The entire course is structured as a guided Excel walkthrough. You will see how assumptions are made, how calculations are structured, and how different cost elements interact in a realistic RFQ scenario. The focus is on defensible, practical cost estimation, not on academic optimization or software-specific automation.Important: This course does not include downloadable Excel templates.All calculations are demonstrated on screen so you can recreate the logic in your own costing files. What this course focuses onRFQ-ready product cost calculation for high-volume manufacturingCosted Bill of Materials (raw materials, purchased parts, internal manufacturing costs)Manufacturing process flow definition and cost impactAssembly line capacity planning, time study, and line balancing (RFQ level)Assembly line layout logic and cost driversLabor, overhead, and equipment cost calculationTooling and CAPEX costing with amortization into unit costConsolidating all elements into a final RFQ unit priceWhat this course is NOTNot a theory-heavy manufacturing or operations research courseNot a detailed production optimization or Six Sigma programNot a downloadable Excel template or automated costing toolThe goal is to show how an experienced engineer or cost analyst thinks and calculates during an RFQ, using Excel as a transparent calculation environment.

Who this course is for
Cost engineers, industrial engineers, and process engineers involved in RFQs or high-volume manufacturing projects.
Buyers, sourcing specialists, and supply chain professionals evaluating supplier cost breakdowns.
Manufacturing and operations managers responsible for cost estimation, capacity planning, or new product introduction.
Students and early-career professionals preparing for roles in manufacturing, operations, or procurement.

https://www.udemy.com/course/rfq-costing-for-high-volume-manufacturing-excel-example/