How can component manufacturing costs be reduced without compromising performance?
Component manufacturing costs can be influenced at many stages, from design to production and procurement. But where do the savings come from when component performance and quality must also be maintained?
We asked three of Meconet’s stamping experts how to reduce component manufacturing costs without compromise. Read their perspectives on design, production and procurement.
Henriikka Huuskonen | Design and new product projects
“The earlier we discuss a component with the customer, the more scope we have to improve its manufacturability, material utilisation and process efficiency. Sometimes, even a small design change can simplify manufacturing, reduce the number of production steps or eliminate the need for a separate component without compromising performance. Effective new product introduction (NPI) project management ensures that the right decisions are made at the right time, risks are identified early, and the new component reaches the market quickly, with high quality and at a competitive cost.”
Niko Kärkkäinen | Production
“Choosing the right manufacturing method has a major impact on both costs and efficiency. We look at the entire production process: how many steps are actually needed, what can be automated and how to make the process as repeatable as possible. Savings often come from reducing production steps, material waste and handling without compromising product functionality. In serial production in particular, even small improvements can have a significant impact on total costs.”
Leila Vainio | Procurement
“Component costs can be reduced without compromising performance by assessing the solution as a whole, together with the customer, product development, procurement, production and, where needed, suppliers. Meconet’s procurement professionals work closely with both internal teams and Meconet’s trusted, long-term partners to ensure raw material quality, reliable deliveries and efficient logistics. This allows us to achieve savings in total costs in a controlled way, without putting performance or delivery reliability at risk.”
What connects these perspectives?
Component manufacturing costs can be reduced by improving manufacturability, choosing an efficient manufacturing method and optimising material utilisation and the supply chain. The best results are achieved when these factors are considered together from the earliest stages of design.
At Meconet, our experience comes not only from years in the industry, but from thousands of different solutions. We regularly work on challenges that call for fresh thinking, practical manufacturing expertise and the ability to turn an idea into a working production solution.
Often, the best overall solution emerges when different perspectives are brought to the same table.
Could your component be manufactured more cost-effectively?
The right design and manufacturing choices can deliver significant savings in serial production, too. Meconet’s experts help identify solutions that combine manufacturability, cost-effectiveness and performance.
Vantaa plant – center of excellence in stamping
Technologies, special expertise, machinery and tool shop.
Stamping and assemblies for industrial serial production
Stamping is an efficient and precise manufacturing method for the serial production of metal components.
Our experts are here to help
By involving us from the earliest stages of design, you give us the best opportunity to support you. You can also contact us at any stage – we are happy to help.
