Every Machine Shop Makes This Quoting Mistake | Machine Shop Talk Ep.155

Quoting is one of the hardest parts of running a machine shop. Quote too high, and you never hear back from the customer. Quote too low, and six months later you're wondering why you're working weekends to stay busy while your bank account doesn't seem to notice. The truth is that every shop owner has gotten burned both ways. In this episode of MACHINE SHOP TALK, Ian Sandusky from Lakewood Machine& Tool is covering one of the biggest challenges in manufacturing: figuring out what a job is actually worth. From estimating cycle times and setup costs to balancing risk, competition, and profit, quoting isn't nearly as simple as plugging numbers into a spreadsheet. We'll also take a look at Uptool's quoting software and how digital tools are helping shops build faster, more consistent estimates without relying entirely on gut feel and experience. Whether you're quoting your first production job or your thousandth, there's a good chance you've made this mistake before. Try it free for 1 week, exclusively for the Practical Machinist community: uptool.com/practicalmachinist And learn more about Uptool at https://uptool.com/ or reach out to them here: LinkedIn:   / uptool1   Facebook:   / uptool1   Instagram:   / uptool_ai   X: https://x.com/uptool_ai ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Practical Machinist is the largest and most engaged #metalworking community across the web. With more than 200,000 registered members and 400,000+ social media followers, Practical Machinist is the easiest way to learn new techniques, get answers quickly, and discuss common challenges with your peers. Visit Practical Machinist today to join the community and start connecting with your peers. Become a Practical Machinist member (https://www.practicalmachinist.com/) Like us on Facebook (  / practicalmachinist  ) Follow us on Instagram (  / practicalmachinist  ) Follow us on Twitter (  / prac_machinist  ) Follow us on TikTok (  / practicalmachinist  ) Connect with us on LinkedIn (  / practical-machinist  ) Connect with Ian Sandusky on LinkedIn (  / ian-sandusky-3a223227  ) or learn more about Lakewood Machine and Tool at https://lakewoodmachine.com/ [email protected] (905) 853-6194 Instagram:   / lakewoodmachine   Lakewood Machine (https://lakewoodmachine.com/) #machineshop #metalworking #machining