LINKING SERIOUS BUYERS TO THE BEST SUPPLIERS

Serving the UK & IE plastics industries

Author: Carl Futcher (Page 1 of 2)

What is your REAL scrap rate?

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.

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Would we need to be buying in now if we hadn’t started by selling out……

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…

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