Although often shrouded in overly complicated financial terms, business valuations are generally straightforward. As a baseline, companies are worth the amount of cash they generate each year, times some “multiple” heavily influenced by the attractiveness of the relevant industry. Within each industry, larger companies will trade at higher multiples than will smaller ones. In today's [...]
If you’re importing from China and researching around the topic, you’ll have likely heard of sourcing agents. In this post, we will be exploring the use of sourcing agents and helping you to determine whether using a sourcing agent would benefit your business. Finding a high quality manufacturer is the often one of the first [...]
Most mold shops are well acquainted with the visible costs of poor quality. Still, these are just the tip of the iceberg compared to the deeper and more intractable invisible costs lurking below the waterline. Shops that think of quality as only a cost center enforce the incorrect perception that the quality function is essentially [...]
Industry 4.0 has been getting a lot of attention from molders as they look to take advantage of connecting processing information with production information to efficiently produce quality parts on time. It only makes sense that as the 4.0 culture continues to grow within the molding industry, the mold repair side of the business starts [...]
Conformal cooling is prevalent in moldmaking. A primary driver of conformal cooling is the ability of a cooling circuit to follow the contour of the plastic molding cavity surface, yielding consistent cooling. […]
Designing molds with additive tooling implementation in mind requires blending traditional mold standards with innovative new ideas of what is possible to push the limits of mold performance. Additive tooling refers to the use of 3D printing (e.g. direct metal laser sintering or DMLS) to produce mold inserts out of metal, specifically tool steels, that [...]
In the molding cycle, cooling efficiency is undoubtedly a very important factor, and it’s impact on mass production is very significant, many factors impact process inconsistency. […]
If parts had completely uniform shrinkage, they wouldn’t warp, and they wouldn’t be injection molded. Non-uniform shrinkage exists in every part. […]
COVID-19 has brought trouble to the global supply chain. It exposed weaknesses that hindered the flow of business. Now, as the world takes steps to define a new post-epidemic normalized business model, manufacturers are rethinking their supply chains. Therefore, European and American companies have new requirements for overseas suppliers, that is, they need to create [...]
Many mold builders and tooling engineers are in pursuit of the perfect tool for trying conformal cooling when in fact, the perfect mold is the one which they are currently struggling with, or the one simulation data determines will be a struggle. […]