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If you’ve ever faced the frustration of needing a fast, credible material cost estimate only to find yourself mired in outdated spreadsheets or waiting days for supplier quotes, you’re not alone. Market externalities like raw material shortages, freight disruptions, and currency swings can render traditional costing approaches obsolete before you even finish your analysis. This disconnect forces sourcing, procurement, and engineering teams to make decisions in the dark, increasing risk and eroding margins.