Can You Really Save Costs with a Custom Metal Stamping?

When it comes to metal manufacturing, there are a variety of methods to choose from. Custom metal stamping is one such method, often selected for its ease of setup and quick turnaround time. While standard metal stamping tooling can be effective, there are some cases in which a custom metal stamping tool may be worth investing in.

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Most people associate the term &#;custom&#; with a high price tag- but can custom metal stamping actually help you save on manufacturing costs? Let&#;s take a closer look at how a custom metal stamp tool can affect production costs in the long run.

What is Custom Metal Stamping?

Custom metal stamping is a manufacturing process that involves using a die to bend, shape, and cut metal into a specific form to match a customer&#;s design requirements. The die, typically made of hardened steel, is used to stamp the metal into the desired shape. This process is commonly used to create metal products such as brackets, clips, and other small components.

There are many production benefits to custom metal stamp tooling- not just in the case of producing consistently high-quality parts, but also in the case of cost savings.

Lower Tooling Costs

One of the main ways that custom metal stamping can save you costs is through lower tooling costs. It may sound counterintuitive, but here&#;s how it works. Unlike other manufacturing methods, custom metal stamping only requires a single die to create the desired shape. This means that you don&#;t have to invest in expensive molds or tooling for each individual product. This can result in significant cost savings, especially for smaller production runs.

Faster Production Time

Another benefit of custom metal stamping is that it can result in faster production times. Since the die is already created and ready to use, the process of stamping the metal into the desired shape is much quicker than other methods. This can be especially beneficial for businesses that need to produce large quantities of metal products in a short amount of time.

Reduced Material Waste

Custom metal stamping also has the potential to reduce material waste, which can save you costs in the long run. Since the die is specifically designed for the desired shape, there is less material wasted during the manufacturing process. This can be especially beneficial for businesses that work with expensive metals.

Versatility in Design

One of the key advantages of custom metal stamping is the design versatility that it offers. The custom die can be created to produce a wide range of shapes and sizes, allowing for more flexibility in product design. This can be particularly useful for businesses that require unique or complex metal products. By using custom metal stamping, you can create products that meet your specific needs without having to invest in expensive machining operations or molds.

Long-Lasting Dies

Finally, custom metal stamping can save you costs in the long run due to the durability of the dies. Since they are made of hardened steel, they can withstand high volumes of production without wearing down. This means that you won&#;t have to constantly replace the dies, resulting in cost savings over time.

In this day in age, it can be challenging for companies to save money on a day to day basis when there is a need to purchase materials and equipment. There are 10 easy ways in order to save your company some money when dealing with the costs of metal stamped parts.

Metal Prices: With current fluctuation of metal prices, you may be able to find savings in an alternative material that you did not consider previously. For example, frequently we are able to substitute Annealed Spring Steel for HSLA with minor design modifications.

Tooling Requirements: Review your current tooling requirements for your components and determine if there are alterations that can be made to reduce complexity and maintain functionality. For example, changing square holes to circular holes drastically simplifies machining and tooling requirements. This will reduce your production time and your overall component cost.

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Product Design: By analyzing the current design performance you may be able to identify areas of design modification that can reduce your costs. You may be able to alter your design slightly to provide advantages in other areas while maintaining the function and integrity of the part. Some changes would allow you to ship more parts together and deliver more parts in each shipment.

Services: If your component currently requires services from multiple vendors, investigate finding a partner that can supply all of these services for you. Not only will you save on shipping costs, but you will have one point of contact for the successful production of your component.

Production Volume: Has your production volume increased without reviewing your original design? Frequently the need for more components is met with a basic increase in production orders. When volume increases the opportunity arises to streamline your product design to increase manufacturability and production timelines. If you are still using your basic prototype design, now is the time to analyze where changes can be made to still achieve the required functionality from the component, while reducing costs.

Layouts: By changing the layout of your components you can produce more pieces using less material. If your original layout had 10 parts on your design and you can fit just one more, you are now getting 10% more products for the same material price!

Delivery Scheduling: Consider how alternative delivery schedules or carriers may impact your profitability for each component

Company Partner: Make sure your current metal stamping partner has a deep understanding of your area of expertise. Frequently different vertical markets will require different production steps or documentation.

Project Management: Review the project information and feedback you are provided for reliability, expediency, quality and accuracy. If you do not have strong project management for your metal stamping components, you will lose time managing the project yourself.

Alternate Machinery: It is possible that different machinery may allow you to condense your production runs by combining feature creation. By reducing the number of passes, tooling setups/fixtures, and manual machining the cost of your component can decrease.

By keeping in mind these 10 quick and easy steps, you will be surprised at how much money your company will end up saving.

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