FOR FORGING UNITS

Price forgings on what goes into the furnace, not what comes out

A forging sells by the piece or by the kilo, but you pay for the billet that went into the furnace, the flash that came off, the die that wears with every blow and the power to heat it all. Kojo builds your quote from your own rates and costing rules, set up during onboarding, and carries the job through machining, dispatch and payment.

HOW THE WORK IS PRICED

What really sets the price in forging.

Cost starts with input weight, not finished weight. The billet has to cover the net forging plus flash, scale lost in heating and saw or shear loss, and the yield between input and net weight decides most of the material cost. Steel is bought by grade and bar size and its price moves, so many buyers agree a raw material price revised against an index while the conversion cost stays fixed. On top of material sit heating (power or fuel per kilo), hammer or press time, trimming, heat treatment, shot blasting and crack testing. Flash and end bits are sold as scrap, and some customers expect that credited.

Dies are the other big number. A die set means die steel, sinking and finishing, then resinking as it wears. Buyers often pay for the first set as tooling and expect the rest to be absorbed in the piece price, so die life belongs in the costing. Buyers compare a price per piece or per kilo, usually with raw material and conversion shown separately. The traps: an optimistic flash allowance, die life assumed longer than the shop actually gets, small batches carrying a full die setup and furnace start, and machining quoted on a forging whose size drifts as the die wears.

THE HEADACHES

Where the time and margin go.

Input weight underestimated

If the flash, scale and cut loss in the quote are lower than on the floor, every piece is under-priced. It only shows when steel runs out sooner than planned.

Steel moves, the price agreement lags

The part price follows an agreed raw material revision on a fixed period. Until it is revised you carry the difference, and if nobody tracks it the claim is late.

Die cost not recovered

Resinking and replacement dies are a real cost per forging. When die life is assumed rather than tracked, it quietly eats the conversion margin.

Forge shop and machine shop kept apart

Many forging units also machine their own forgings, but the two shops keep separate records. The full cost of a finished part is never seen in one place.

THE WORKFLOW

From enquiry to payment.

  1. 01

    Enquiry and feasibility

    Review the forging or finished-part drawing, steel grade and annual volume. Confirm whether the customer wants rough forgings, proof-machined or fully machined parts.

  2. 02

    Costing and quote

    Work out input weight, steel, heating, forging, trimming, heat treatment and any machining, plus die cost and how it will be recovered. Quote per piece or per kilo.

  3. 03

    Die making and samples

    Design and sink the die, forge samples and check dimensions, hardness and grain flow as required. Get the customer's approval.

  4. 04

    Steel and planning

    Buy steel by grade and bar size against the schedule and cut billets. Plan hammer or press time around die changes and furnace loads.

  5. 05

    Forging, heat treatment and machining

    Heat, forge, trim, heat treat, shot blast and crack test, then machine if ordered. Log output, rejects and downtime each shift.

  6. 06

    Dispatch and payment

    Dispatch with material and heat treatment certificates, and invoice. Follow the due date until the payment is in.

STARTER TO ENTERPRISE

The same system as you grow.

Start with quoting, add production, inventory and payments, then scale across plants with integrations and a dedicated support team.

STARTER

A forging unit with a few hammers or presses, quoting new parts by hand. Start with the quote engine and the steel price master, so every quote uses the same rates and costing rules.

GROWTH

A unit running shifts across forging, heat treatment and machining. Add shop-floor logging, inventory for steel and BOM costing, so steel use and output are measured against standard.

ENTERPRISE

Separate forge and machining plants, or several forging units. Multi-site roll-up reporting, an open API for your accounting or ERP system, and a dedicated support team with an uptime SLA.

NUMBERS TO WATCH

What to track every week.

MATERIAL YIELD

Net forging weight as a share of input weight, where a small slip in flash or scale changes the cost of every piece.

DIE LIFE PER SET

Forgings produced before resinking or replacement decide how much die cost each piece has to carry.

REJECTION RATE

Laps, cracks, underfill and mismatch waste steel, heating and press time that cannot be recovered.

HAMMER AND PRESS UTILISATION

Furnaces, dies and crews are fixed costs, so output per shift decides whether the conversion rate holds.

QUESTIONS

Forging on Kojo.

Kojo is built around machining. Can it cost forgings?

Yes, through your own rates and costing rules, set up during onboarding. Kojo has no built-in forging calculator; Kiviro sets up the way you cost forgings, and the quote engine applies it the same way on every part.

We machine most of our forgings in-house. Can Kojo cover both?

Yes. The machining estimator handles the machining side with your cycle times and machine hour rates, and BOM costing shows the true cost of the finished part at today's material price. Shop-floor logging works the same in the forge and the machine shop.

Where do we start?

With a free 30-minute visit in India or a remote demo. Kiviro then configures your machines, rates, margins and quote templates, brings in your Excel data and trains the team, and quoting goes live in about three weeks.

Let's quote your
next job together.

Book a free 30-minute visit. We'll run one of your real jobs through Kojo on the spot. Outside India? We'll do it on a video call.

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