Mold manufacturers who want to accept tool transfers may realize an advantage by joining forces with other mold manufacturers. Since our two shops (H.S. Die and Engineering and United Tool and Mold) partnered seven years ago, we have been able to successfully help molders with any tooling problems that may arise during tool transfer. [...]
Often, in order to decrease tooling costs, a long-established design approach is specified for several mold builders to quote, and the lowest bid wins. However, a different mindset could yield much greater savings not only at the mold build and initial production launch, but also over the lifetime of the tool. […]
With some systems offering automatic purchasing features, the manual process of purchase orders for mundane items that go into the dispensing system is eliminated. The average time/personnel cost of a purchase order is $150. […]