4 Aspects that Impact the Tooling Manufacturing Costs
Would you feel like a shot in the dark when you request a quote for manufacturing your parts or product by Rapid Prototyping and Rapid Tooling, it seems hard to predict the price and time. But actually, there are several aspects that we can have an estimation of price and time you are going to receive.
Main 4 Aspects Impact on Tooling Manufacturing Costs
Parts material (plastic or metal), sized of the parts, rapid manufacturing process and finish used, tooling requirements and quantity needs, all these have bearing on the cost of creating a part. Here, we want to share some basic guidelines to give you a better idea of the factors that will impact your manufacturing costs.
1. Material Costs
The cost of your project will be impacted by the material you choose. Material costs are aligning slowly around the world, you can have a rough idea of raw material costs by finding out your local costs of material. Cheaper material might mean a less durability or quality on your product, a more expensive material will raise the manufacturing costs but you can obtain a higher quality product that last longer.
2. Quality Required
You pay for quality when your parts come to manufacturing. Reliable manufacturers pay utmost attention to quality control, this helps guarantee your product and precision machined parts are follows your specifications, you will run into fewer issues and avoid forth and back. In the long run, you can save money by investing in quality.
3. Manufacturing Facilities’ Location
Your manufacturing partner’s location will impact the cost of your project. In the 2016 Deloitte Global Manufacturing Competitiveness Index
4. Lead Time of the Project
Manufacturing a product in a shorter lead-time is more expensive. We can build a multi cavities close and open Rapid Tooling in 7 calendar days or even less, it is quick, but it means dedicating more resources, so if you want your part quickly, be prepared to fork out a bit more money.
Are you working of your next Project?
At TEAM Rapid, we can provide you with a free CNC machining price and competitive quote. Our engineering team has rich engineering experience, we can provide you the best solution to save your cost and time, contact us at [email protected]
Contact