Important Hacks for Reducing Metal Stamping Mold Cost
Metal stamps and moulds have a great deal of application in a variety of products. As a result, their demand has grown rapidly. Industries thus pay usually huge amounts in getting high-quality metal molds that serve their purpose.
There have been constant trials to bring down the cost of stamping molds. Experts have suggested few hacks that could help in minimizing the amount spent in the process of creating metal stamps.
Following these is quite easy. These are just a series of important steps and checks that could help in effective cost cut down. So, let us have a look at the same:
Rejection Rate Reduction:
One of the most effective methods to reduce the stamping cost is by minimizing the reject rate. With every stamp manufactured, there is a reject rate associated with it which determines whether the stamp should be accepted or rejected based on its manufacturing.
The higher the reject rate the more is the number of stamps that gets categorized as faulty and useless. Hence, leading manufacturers suggest to effectively determine the reject rate and keep it as low as possible.
Hence, make sure that high-quality stamping molds are produced and the rejection rate is minimized. This will bring down the cost considerably.
Regulate Energy Consumption:
Unnecessary energy consumption and wastage of resources always cost more than required. This boosts up the production and manufacturing cost. Hence, it is extremely important to regulate energy consumption and ensure that no extra energy is being consumed or wasted.
In your industry analyse the energy requirements and ensure that the limit is always obeyed. This will effectively help in bringing down the overall cost of metal stamping mold. Hence, regulate the energy requirement and save a lot of money in your stamping metal mold industry.
We talked earlier about energy consumption. Surveys tell us that most of the unnecessary energy consumption comes from the unnecessary machine run when not in use. Also, the breakdowns that might occur in the middle might result in increasing the cost.
Hence, it is important to look after the machine downtime and ensure that breakdowns are avoided as much as possible. Hence, always use better quality machines that eliminate unscheduled machine downtime and make high-quality stamping mold.
Trained Workers & Labours:
This is the requirement which most people fail to fulfil but is one of the most important things to consider. Untrained workers and labours often misuse the machines and bring down the quality of the metal stamping mold.
Hence, it is always important to hire trained workers and labours who are familiar with the complete stamping process. Also, for the newbies, proper training must be conducted in order to maintain quality and integrity.
Following the above-mentioned steps will help in bringing down the stamp making cost-effectively in your warehouse. So, make sure that your industry also follows these standards. In case you have any further questions or queries please feel free to connect with us anytime.