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low cost no tools factory

Productivity and cost per component is the key. Tool cost only amounts to appx 3-5% of the total component cost but we spend a large amount of time and energy focus on price or overall spend on tooling. A tool that may cost more can reduce the total component costs if maximize productivity resulting in increased profitability.

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  • Ask an Expert: How Do You Measure the Value of Tooling

    Productivity and cost per component is the key. Tool cost only amounts to appx 3-5% of the total component cost but we spend a large amount of time and energy focus on price or overall spend on tooling. A tool that may cost more can reduce the total component costs if maximize productivity resulting in increased profitability.

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