From the perspective of efficiency, quality and cost, in-house manufacturing of injection molded parts as part of the customer’s final product is a major challenge. Over the years, our customers have acquired many large customers who have tried their best to produce injection molded components internally, but found that the process is problematic and inefficient.

Producing high quality plastic parts at competitive costs has always been a challenge. To be honest, this process is more difficult and complicated than most OEMs think. In order to save money, they often decided to do their own molds, but soon found that “cheap” small plastic parts required a considerable investment in infrastructure to do well.

One of the most important factors related to deciding whether to mold in-house or outsource is to be realistic about your core competencies. No matter what product you produce, the injection molding components of your product can easily prove to be a challenge, ultimately making your final product uncompetitive, from a pricing point of view, in terms of quality and aesthetic disadvantage. Simply put, molding in-house without all the necessary resources or experience can be very problematic. Must commit to investing in cutting-edge equipment and experienced support staff.

In our client company, they mold a wide range of injection molding components and supply industries such as food and beverage, medical and pharmaceutical, construction products, displays, and toys.

Regardless of your industry and the injection molding products you decide to model internally, the parameters and rules are the same. To be successful in the assessment process, you must honestly assess the facts. Equally important is keeping the emotional aspects of closing or scaling back in check. Deciding to do your own injection molding and outsourcing must prove to be both cost effective and in the best interest of your company.

Regarding the evaluation, there are many factors that need to be checked. These include bottom line costs, mold investments, raw materials for parts, utilities, labor, and indirect packaging. These factors are the basis of the evaluation. No matter how your company allocates costs, they are still the real cost, and someone is paying for them.