5 Ways To Lower Your Injection Molding Costs

5 Ways To Lower Your Injection Molding Costs

Injection molding is a cornerstone of many industrial processes, from the production of consumer goods to intricate parts for aerospace and medical products. Its widespread use is a testament to the reliability and versatility of the process. But that’s not to say it’s without its challenges, particularly in the realm of cost. Consider these actionable strategies to reduce injection molding costs without compromising quality or quantity.

1. Optimize Design

The design of a part has a major impact on manufacturing costs. Complex shapes, undercuts, and tight tolerances all drive up the price of molding.

Lower costs by involving your mold maker and molding company early in the design phase. These entities provide valuable input on simplifying the part design for manufacturability, which reduces the need for secondary operations and minimizes material waste.

2. Think About Material Selection

The material you use in injection molding represents a significant portion of the overall cost. Engineers often choose materials based on performance requirements without considering the effect on cost.

Switching to a less expensive material that meets the necessary specifications leads to substantial savings. It’s essential to balance performance and cost when selecting materials, especially when working with rare materials like Lucite for higher-quality products.

3. Optimize Processes

Maximizing efficiency during the actual injection molding process results in significant cost savings. By fine-tuning different variables, such as temperature, pressure, and cycle time, manufacturers optimize the polymer injection molding process for speed and waste reduction.

By using scientific molding principles with drive data-driven changes and results, you can make processes more efficient and produce more consistent quality in the finished parts. Working closely with your injection molder to analyze the entire process and identify areas to improve optimal efficiency is advisable.

4. Collaborate With Reliable Suppliers

Establishing strong relationships with reliable suppliers leads to better pricing, higher-quality materials, and reduced lead times. Prioritize collaboration with a network of vetted suppliers to use the best raw materials at the most competitive rates. By leveraging a comprehensive understanding of the supply chain, you’ll streamline procurement processes, save valuable time, and cut client costs.

5. Seek Continuous Improvement

Cost reduction in injection molding is not a one-time event but a continuous process. Regularly review your designs, materials, and processes for additional cost-saving opportunities. Invest in employee training to update your team on the latest techniques and technologies to streamline your injection molding operations further.

By following these strategies, businesses make significant headway in lowering injection molding costs. Approach cost reduction as a comprehensive effort involving every aspect of the manufacturing process. Remember that every dollar saved is a dollar earned. And in the competitive industrial landscape, those dollars add up to make a tangible difference.

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Polymer Molding Inc.
1655 West 20th Street
Erie, PA 16502

Phone: 814.455.8085
Toll Free: 800.344.7584
Fax: 888.257.5566

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When you call Polymer Molding Inc. during normal business hours, your call will be answered by a live person, every time. It is our sincere commitment to lead the market in exceptional customer service, because you deserve to do business with a company that truly cares about you and your product needs. Our knowledgeable, friendly and helpful sales and customer service representatives will take the time to help you select the best parts for your applications at the most competitive prices in the industry. We are here to answer questions, process your orders, and prepare your shipments quickly and efficiently. Click the button below to compare our pricing and see the Polymer Molding difference.

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