video1.0<iframe src="https://www.loom.com/embed/4c30fa0c907b4ec09fbb3cc50c390ab8" frameborder="0" width="1668" height="1251" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12511668Loomhttps://www.loom.com12511668https://cdn.loom.com/sessions/thumbnails/4c30fa0c907b4ec09fbb3cc50c390ab8-cf4fc56acdb1791b.gif193.792Hello everyone, in this video, I walk you through the parametric should cost model, which is a key tool in my sourcing operations portfolio designed to address workflow challenges in aerospace and manufacturing procurement. We explore a simple example of an aluminum mounting bracket, inputting various parameters such as weight, complexity tier, and annual volume. After running the cost estimate, I highlight the breakdown of costs and the sensitivity analysis provided by the tool. I also demonstrate how to generate a plain language summary and export the cost report to Excel. I encourage you to try the live app on your laptop to see how it can assist in your cost estimations.