Apex reads the engineering drawing, works out what the part should actually cost from live cost-driver data, and guides the cheapest, lowest-risk way to make or source it.
What you are watching: a buyer types Cost this horn assembly. Target volume 50,000 a year, sourced from Gurgaon, landed to Detroit. Apex reads the drawing, maps all 28 parts inside it and returns the should-cost, with every line visible.
Child parts, process, overhead, profit, outbound. Every line costed, every equation open.
The five drivers that move this number: copper wire rate, labour, volume, power, tariff.
Cheaper material and process moves, each backed by peer evidence and live rates.
The negotiation document, ready before the supplier walks in.
Every part has a true cost of making. Manufacturers call it the should-cost, and it decides who wins the negotiation.
Knows this number cold. It is their business.
The number lives in a handful of expert heads and week-long spreadsheets. Most companies can build it for only a fraction of the parts they buy, days after the question is asked.
So most sourcing decisions are negotiated with one side blind, and it is rarely the supplier.
Providing a real time, accurate and defensible should-cost number in the hands of designers and buyers dramatically shifts the balance of the negotiation back to the buyer.
This is what Apex is building.
The question is not "how do we automate the estimate". It is "how do we make the estimate accurate, defensible, and continuously current".
A live, city-by-city map of what making things costs. It never stands still.
Reads the drawing, lists every part inside it, builds the should-cost bottom-up.
Learns from every estimate and sourcing decision it has ever seen.
Three layers, one system. Each layer makes the other two better.
Built for the three teams who decide what a part costs.
Today, a formal should-cost needs a scarce specialist. Apex puts the same quality of analysis in every buyer's hands, turning a specialist bottleneck into a generalist skill. What makes that possible now is timing.
Three shifts converged. Each one removes a reason this has failed before.
Agentic AI now automates the full cost-engineering and procurement workflow, end to end. Complex work that took expert teams days simply could not be automated before.
Manufacturers are rearranging where parts are made and sourced across the globe. Knowing the true cost in every region has become constant, not a once-a-year exercise.
Modern AI and LLMs give the natural, guiding interface that old proprietary ML and recommendation engines never could, putting expert cost intelligence in everyone's hands.
The interface is a conversation. Type the ask in plain English; AI agents read the drawing, run the deterministic models and return the should-cost with its evidence. A week of expert work becomes an upload.
Cost this horn assembly. Target volume 50,000 a year, from our Gurgaon supplier, landed to Detroit.
Parsed: 28 child parts, 9 process steps. Wire drives 29% of unit cost, worth a deeper look. Building the model from live Gurgaon rates.
Drop in the drawing, 2D, 3D, or a torn-down part.
AI reads the dimensions, materials and tolerances straight off the drawing.
Works out how the part would actually be made: cast, machined, molded, assembled.
Builds the cost line by line from live, local rates for that exact city and volume.
A signed, evidence-backed report the buyer takes into the negotiation.
Copper wire swings this the most, up to ±$0.101 a unit on a full commodity swing. Lock a hedge or index it in the PO so the next spike is shared, not absorbed. Labour rate and volume are smaller, second-order watches.
Relax a tolerance from 0.002" to 0.005" where the function allows it. 15% cheaper, with the trade-off shown before the design is locked.
Move from 304 stainless to powder-coated mild steel for a non-corrosive duty. 40% cheaper, same fit and function, a swap already proven by 32 comparable parts in production.
Three suppliers quote $12.50, $11.80 and $18.00. The should-cost says $10.20. Apex flags the $18.00 as a likely spec misread, notes the middle bidder's 95% on-time record, and sets the walk-in target: $10.80.
If an extracted value looks impossible, a 0.001 mm wall, a negative cost, the agent flags it instead of running with it.
An ambiguous drawing gets a question back, not a guess. Missing specs are filled from similar parts and marked as assumptions.
Every estimate carries a confidence range, and every expert override becomes training signal for the next one.
The workflow runs end to end on its own, and an expert can step in, override or take over at any point. Human optional, expert welcome.
Change any assumption, volume, material, tariff, machine rate, and the cost rebuilds instantly. Cost the part in the future you are negotiating for, then save the scenario and share it.
Every decision becomes a cryptographically signed PDF with its evidence bundle: audit-ready, dispute-ready, retained for seven years. Institutional memory instead of tribal knowledge.
Costing sessions are shared. Colleagues watch live, run their own scenario alongside, and send the finished pack straight to the CFO.
The estimate is not the product. The negotiation it wins is. Buyers do not buy numbers, they buy evidence.
For any part, Apex builds the should-cost across regions and suppliers, then guides the best way to source it: which location, which supplier, and what it should cost you.
A should-cost is not a report, it is a living number. Apex watches the drivers underneath it and turns movement into decisions.
A signed magnet-wire bid now sits below the live copper rate. Award it within seven days, before the supplier walks the number back.
AI-server demand is driving memory cost up. Re-run exposed electronics parts lists to see the per-part impact before the next award.
Two open bids rely on a single country. Hedge across an alternate trade lane.
Qualification cleared. Safe to award the split order.
And it scales from the part to the portfolio. A buyer who owns aluminum extrusions sees total spend, savings trending against the metal index, single-source risks and design-freeze deadlines in one view. The level a manager thinks at, not just the level an engineer works at.
The wedge is cost. The platform is everything cost touches: suppliers, sourcing, and eventually carbon. Each product runs on the same data foundation, so every expansion starts ahead.
Deterministic should-cost models, run by AI agents from the drawing up.
Learns from every estimate and surfaces the cheaper path before you ask.
The live, geo-indexed cost-driver foundation every model runs on.
Plugs into the systems manufacturers already run: ERP, PLM, CAD, files and data warehouses. No-code connectors that take minutes to set up, not months.
Built for the enterprise checklist from day one: SOC 2 and ISO 27001 readiness, GDPR, audit trails and uptime commitments in one portal.
Supplier discovery and cost scoring, widening the sourcing field.
Product carbon footprint and Scope 3, from the same cost models.
Vaibhav Kumar spent the last decade solving cost engineering problems for the world's largest manufacturers.
His first company, ASI, built that practice from the ground up. It runs today as a sustainable, professionally managed business.
Apex is his second company in this space, and a different bet. Where ASI delivers cost engineering through a technology backed expert led solution, Apex encodes that same ground truth, how products are actually designed, made, costed and procured, into a self learning platform built on AI and data at global scale.
Ten years on the ground gives Apex something else that matters just as much: a precise read on how customers will actually use the platform, which cost problems are worth fixing first, and how to fix them. That is product judgment competitors cannot buy or replicate quickly, and it is what shapes Apex from day one.
Better data sharpens every model.
Every estimate feeds the next.
The more Apex is used, the smarter it gets.
Apex starts smart, proven deterministic models and a decade of field knowledge, and compounds from there.
Competitors are building cost calculators.
We are building the manufacturing intelligence layer for the next decade.
If you want to understand where it goes, let's talk.