How to reduce the injection molding costs

4 Ways to Reduce the Production Cost in Injection Plastic Companies

I. Methods to Reduce Injection Molding Cost in terms of Product

Leave the product to talk about save cost, everything is nonsense, from the product point of view to control cost mainly the following methods.

1, Reasonably adjusts the product pricing structure to control the cost ratio

It is unrealistic if customers do not know their product pricing structure and repeatedly ask the factory to control production costs. Just as if our product material cost has reached 40%, you ask the factory to control the product injection molding cost below 40%, do you think this is possible? Do employees need to pay? No equipment is needed for production? Does the equipment not use energy?

So before we talk about injection molding costs, we have to give the material cost of the product. It is easy to determine the material cost of the product, that is, the pricing of the product, according to the material price of the product pricing, to ensure that the product has a certain gross profit space. Of course, here is not for you to blindly replace lower and cheaper raw materials, let alone unrealistic product price increase. However, in this society we really not poor money, do not feel cheap must be a market.

2, Does not create value for businesses to be eliminated

Many of our injection plastic companies produce products that are relatively complete. the number of varieties in more than 100 varieties. However, no more than half of the profits really make businesses. Individual products are produced in very small quantities, with complex labor, and distorted quality requirements. Not only can not bring profits for the companies but also in burning money. such injection molding products as long as they are not the needs of the enterprise’s strategic development, should be immediately eliminated.

II. Methods to reduce injection molding cost from production technology

1, Improves production mechanization from labor-intensive to technology-intensive enterprises

Many bosses will say, I also want all the factories to be mechanized. I also think my production workshop to achieve unmanned production. the key is: is it necessary to do so, really do so, where does the money come from? I didn’t make your factory unmanned. Just let you can employ fewer people, fewer people when you have money to buy two more machines and equipment for your factory. The inist in the injection workshop you know! A manipulator can top 2 people by hand, can save a year. Of course, there are many similar places where the workshop can replace machines to improve efficiency and improve the quality of work.

2, Improves personnel quality from labor-intensive injection molding company to human resource optimization enterprise

Train the production technology and management ability of the internal personnel of the injection plastic company to improve the post function. Improve work efficiency, reduce staffing, to achieve provincial humanization.

III. Control of the production cost from the aspect of raw materials

1.Injection Molding Cost Control in the Procurement Link

Establish a good supplier selection system, high-quality suppliers to maintain long-term cooperation. Avoid multiple suppliers, multiple batches of scattered procurement. Sign a long-term and stable supply contract with the supplier during mass procurement.

2, reduces the storage volume

In the process of procurement, to avoid the large volume of pressing goods, which will increase the difficulty of storage management, and will also increase the financial pressure of enterprises. Large quantities of raw materials can be ordered for batches of delivery upon ordering.
The warehouse often decreases in the number of use and frequency of raw materials after procurement, and the final raw materials are stranded in the warehouse and can not be exhausted when the materials soon expire. Some even packaging materials stored in the warehouse for a year or two without one. The delay of the production department shall be notified in the warehouse if the production department fails to handle the materials. When the production department cannot handle the product and the purchase cannot return it, the product which can be scrapped shall be scrapped immediately.

The packaging method saves transportation costs

Now the global transportation costs are becoming more and more expensive because of the epidemic. Transportation costs that did not pay attention have increased significantly. Therefore, we have to find ways to reduce the transport costs for our customers.
The easiest way is to improve the packaging style. Usually, a project, our client consists of 10-20 parts. These parts have different shapes to be packaged in separate to avoid collisions in transport.
Now we have to package the portfolio, which reduces the entire injection molding cost.