I recently read an article about a 5% increase in productivity achieved at Formula Plastics, just by changing their tool clamping system. It got me thinking about mould change methods available in the market, which I then discussed with suppliers.
We all like to think that we’re as careful with our company’s money as if it was our own…
But is this the reality?
We often think that it is better to buy cheaper equipment, making comments such as “The job is simple to run” or “It doesn’t require all the bells & whistles” to justify the decision. In my experience this doesn’t stack up and the more costly brands are often less expensive in the long run.
A PlastikCity customer approached me recently saying he would like to advertise various items from his factory on our website. He knew it was free to advertise so he told his staff to look around the factory and tell him what items were redundant and then put them up on our site.
Most screws are suitable for a number of refurbishments before the thermal stresses imparted by re-welding could result in weakening the structure of the base metal and lead to subsequent fracture……
USA manufacturing is booming and riding the crest of the Re-Shoring wave. But I’m fearful we’re losing steam in the UK………
During my career I’ve supplied 100’s of new and used injection moulding machines. Determining what is best for your business depends on many factors but essentially the main considerations should be specification and up time requirements.
Scrap rates for the injection moulding industry are easy to calculate, but often painful to believe – it is simply the difference in weight between how much plastic you buy in, and the total weight of parts delivered. Typically this is as much as 10%, although when questioned about scrap rates companies reported to us the figures they wanted to talk about – such as “customer reject rates” of 4.5ppm or their “production reject rate” where we heard of 0.001%. These figures are just self-congratulatory and distorted.
After 20 something years in the plastics industry working for one of the larger extruder manufacturers in the world I am beginning to wonder when replacing critical parts like Barrels and Screws, do we look any further than the price?
It is fantastic to see UK Manufacturing enjoying a renaissance especially in the Plastic Injection Moulding sector where we have a new buzz word called ‘reshoring’. I can’t help wondering though whether too many businesses were quick to sell out to what was perceived to be the ‘Holy Grail’ in manufacturing in the first place. I wrestle with this question that is rarely asked…
I’m constantly amazed how little attention companies pay to their customer database……
Thank you China! You made us better, more efficient, improved lead-times, enabled us to make profit from poor quality tools and now it’s less competitive for the Far East to win more business – overseas competition was a good thing!
On behalf of PlastikCity, Plastribution’s Mike Boswell sheds some light on the recent material price falls within the industry…keep calm & carry on?
I’ve never known a time when sub contractors are in such huge demand. The manufacturing industry is hastily training new recruits and although slowly making progress, it has a lot of catching up to do.
Have the true entrepreneurs gone? Have we forgot how to make money? Are we scared to put prices up for risk of losing business?
I recall, as young plastic machinery sales engineer in the 80’s, how manufacturing was a pretty unpopular word amongst my friends. I also recall how government grants were often abused by companies, ordering equipment, then running off with the money, or asking suppliers to inflate invoices then keeping the uplift.