Why Veroqen
Engineering costing tools built from tooling reality.
VEROQEN helps toolmakers, OEM teams and mould suppliers estimate tooling cost, part cost and investment viability before a commercial commitment is made.
Developed by Hongyi JIG Rapid Technologies | drawing on three decades of product-development, injection-tooling and India–China programme experience.
Before a mould is ordered, three numbers need to make sense.
Translate shot size, mould construction, steel selection and manufacturing complexity into an indicative tooling-cost structure.
Connect material consumption, cycle time, machine rate, efficiency, rejection and cavitation to a per-part and full-SKU cost.
Test payback, break-even volume and return on investment before approving the programme or choosing Make vs Buy.
VEROQEN connects these decisions instead of treating them as three unrelated calculations.
One costing language across the tooling decision.
Toolmakers | Build faster first-pass estimates, challenge incomplete inputs and explain the major cost drivers behind a tooling proposal.
OEM engineering and procurement teams | Test whether supplier quotations, production assumptions and investment proposals are commercially aligned before approval.
Mould suppliers, including China-facing teams | Present assumptions more transparently and reduce avoidable gaps between buyer expectations, tool specifications and quoted scope.
Three calculators. One connected decision chain.
Mould Cost Calculator
Move from shot size to mould size, steel selection and an indicative manufacturing-cost build-up.
Estimate mould cost →Part Cost & SKU Calculator
Estimate material and moulding cost per part, then combine multiple parts into a complete SKU cost.
Calculate part and SKU cost →ROI & Investment Calculator
Model tooling payback, break-even volume and ROI for a product-sale or Make-vs-Buy decision.
Model investment ROI →Built by people who know what sits behind a mould quotation.
VEROQEN is built by Hongyi JIG, an independent PMO-led product-development and tooling-governance company. Its calculation logic draws on hands-on toolroom, shop-floor and project cost-sheet experience accumulated across three decades of product development and injection tooling. Hongyi does not manufacture moulds; it applies execution-grounded experience to independent costing and tooling decisions.
That distinction matters. VEROQEN does not begin with a generic finance formula and add manufacturing terminology around it. Its calculation chain reflects the variables that materially affect real tooling decisions | mould dimensions, steel families, plate weights, cavitation, cycle time, machine rate, rejection, production volume and tool-life expectations.
The objective is not to replace engineering judgement. It is to make the assumptions behind a decision visible before money is committed.
Documented assumptions. Editable inputs. Visible limitations.
- Mould sizing informed by Hongyi's documented mould-quality and design reference logic.
- Separate treatment of core/cavity and base/housing steel families.
- Quick estimates as well as detailed line-item costing.
- Part-cost build-up covering material, machine time, efficiency, rejection and overhead assumptions.
- SKU roll-up based on quantity per finished assembly.
- Payback, break-even and ROI calculated from your commercial assumptions.
- Editable inputs, because actual rates and supplier conditions vary.
- Downloadable reports for every calculation.
The tools show how a result was reached. They do not present an unexplained number as engineering certainty. See the full Methodology & Limitations page for details.
A decision aid | not a quotation or engineering sign-off.
VEROQEN produces planning estimates based on the information and assumptions entered. Results are not supplier quotations, mould-flow simulations, DFM approval or a guarantee of final manufacturing cost.
Before releasing a purchase order or cutting steel, confirm the result against the part drawing, material specification, mould concept, machine capability, supplier scope and current commercial rates.
Controlled Beta: usable now, improving with evidence.
VEROQEN is currently in Controlled Beta. The three calculators are available for real-world use, while selected assumptions and reference factors continue to be reviewed against additional tooling and production evidence.
Core calculation logic, assumptions and known limitations are documented on the Methodology page. Inputs remain editable so your verified project data can override default guidance.
If a result does not reflect your experience, tell us which assumption differs | hello@hongyijig.in. That feedback helps improve the calculation model, not conceal its limitations.
Know what it should cost before you commit.
Start with the decision in front of you.