Part of the hard part of logistics when creating new parts is, how should the part be made, and what should be making this part. With new emerging technology, there are tools that you can compare various production methods. COSMO also known as Cost Over Specific Modulus is a free tool that you can use to see what would be the best process of making that part. It is free to use via the Creative Commons license.
Key Takeaways:
- COSMO stands for cost over specific modulus and is a free decision making tool involved in production methods.
- In order to use COSMO, a user would plug in their part deals and pick whichever process is under consideration.
- COSMO will give the user various types of information such as costs associated with manufacturing as well as material and labor.
“Of course, comparing manufacturing methods is slightly more complicated than comparing insurance coverage from different providers.”
