The most cost-effective and efficient way to produce high-quality parts is by choosing plastic injection molding as the production process. We have already established that one of the benefits of selecting this option is a lower cost due to its recyclability. However, as a product manufacturer, looking for ways to lower down the cost further to maximize profit is always on the agenda.
There are multiple tips and techniques you can learn further to boost profitability using plastic injection molding services without sacrificing your final product quality.
What is important to know in using injection molding is the longevity of the mold, which can depend on several factors. Among these factors is the material that made up the mold, the type of product to be molded and the expected stress the mold has to go through. In choosing the material of the mold, it depends on numerous factors like how long is the usage of the mold and the type of materials that we will process through it. An analysis of these factors will determine the type of mold material.
Choose the Right Material for your Project
Proper selection of the material is crucial in saving costs. You must consider the material in terms of cost, strength, and functionality. Price is not the only factor to consider. You should weigh the relationship of the material cost to product longevity. You have two options; if you want to think ahead, then you should choose a material with minimal or zero maintenance. If you want to save cost on the molding process, then choose an inexpensive material.
Choose Designs with Lesser Material Usage
This is not rocket science, by selecting a design with few material requirements; you will have a reduction in material usage. It may be less in a single item but multiply this in tens of thousands will give you resource and cost savings. You can also add strengthening features like ribbing to minimize thick walls.
Although coring out solid components of a product can save you on material costs, you should also be cautious in preventing shrinking and warping. What is important is to balance design and cost.
Minimize Secondary Processes
Additional processes products like painting or inserts are designed necessities. However, before making product alterations that require significant costs, you should check if the same goal could be accomplished by not having a second process. You can also change the material or the design to add a benefit like less use of the material. If you create a feature inside the mold rather than adding them after the product is molded, can save you time and money.
Choose the Right Shop that will handle your Project
Some companies that offer plastic injection molding services have a certain area of expertise like micro molding or specialties. In choosing the right molder, you need to get the one with expertise aligning with your project’s goals to make sure that you get value for your investment.
By applying the tricks, we have mentioned does not mean you have to sacrifice the quality of your product. It is still possible to maintain product value and at the same time optimizing production and profit margin by implementing cost-effective measures.
Cost efficiency if implemented in plastic injection molding services can ensure more productivity and profit and will not harm your product quality.