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Home»Investment»Investing in Lantek Expert and Lantek iQuoting pays off
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Investing in Lantek Expert and Lantek iQuoting pays off

The Elite Times TeamBy The Elite Times TeamFebruary 13, 2024No Comments3 Mins Read
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Many subcontractor sheet metal companies own one or two laser cutting machines and rely on continuous and rapid sales of new and repeat business to support their business model.

To achieve sufficient revenue, companies must generate a large number of quotations. This requires skill and experience and is very time-consuming, often using a series of Excel spreadsheets to calculate prices and margins. Lantek’s strategy is to create a suite of software that solves this problem by removing the need for specialized knowledge and using AI and his 35 years of experience in the industry to generate accurate quotes in minutes. is to provide.

To power a laser cutting machine, a company must have the appropriate programming and nesting software package. Lantek Expert allows subcontractors to benefit from decades of software development, allowing them to run virtually any make and model of his 1,400+ cutting machines supported by the software. Become.

In addition to laser machines, Lantek Expert also supports punching, plasma, oxycut, tube cutting, and multi-tasking machines, allowing manufacturers to choose the machine make, model, and technology that best suits their business and budget.

Within Lantek Expert, you can easily combine components and nest kits of parts, as well as the ability to nest and manage remaining parts, automating part programming and adjusting functionality for each manufacturer and machine model. Maximize the use of materials while making the most of to the fullest.

The main benefit of the intelligence within Lantek Expert is the accuracy of the processing time and material utilization figures that can be used to generate quotations.

Lantek iQuoting is built on this precision, importing CAD data and using AI and integration with Lantek Expert to generate accurate quotes within minutes.

The software resides in the cloud and operates as SaaS (Software as a Service), so it can operate from anywhere and anytime with an internet connection, with a subscription model for access. You can import CAD data and quickly calculate and generate quotes using AI and integration with Lantek Expert, information on material prices, margins, non-CNC operations, and subcontract operations.

The benefits for manufacturers are fast response to inquiries, accurate costing and known profit margins for each job, and significantly reduced administrative effort. Customers get a better experience when dealing with manufacturers and always get competitive and consistent quotes. Additional features allow users to examine quote-to-order ratios and identify where processes can be improved. iQuoting’s intuitive operation allows employees with little industry knowledge to operate the software and get accurate results, freeing up skilled employees for other tasks.

Muhammed Yilmaz, owner of German subcontractor Mehmet Yilmaz GmbH, which has two Nukon lasers and five employees, says: “Lantek Expert and iQuoting were exactly what I was looking for: software that tracks machine uptime, machining time, and incorporates current material prices into quotes.”

He further added, “After customer acceptance, iQuoting and Lantek Expert seamlessly facilitate nesting of quotations, determine required materials, and calculate feasible delivery dates. With the push of a button, quotations are Instantly converted into work instructions, ready for production, including quantities, materials and all other necessary steps, eliminating the need for duplicate data entry. This means true digitalization. To do.”

Rantec
www.lantek.com

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