Justifying the Cost of Quality Injection Molding: How Much vs. When

    Posted by Al Timm on Feb 10, 2012 9:16:00 AM
    Al Timm

    There is no question that there is a cost attached to obtaining a product that is of sufficient quality to meet your needs, or of exceptional quality that will put you ahead of your competition. The key, however, may not be how much you invest as to when you invest it. 

    We’ve all heard the expression, “You get what you pay for.” That is, if you buy on the cheap you usually get the cheap. Although not quite as catchy, I would like to offer up the expression, “Invest now to save later.”

    When a company introduces a new product or is redesigning an existing product, the inclination is to have it produced and to market as quickly and inexpensively as possible. The temptation for shortcuts to accomplish this is common. Developing a plastic injection molded product is no exception.

    Yet the more resources devoted to product development on the front end, the greater the cost-efficiencies downstream. Scientific molding is an optimal solution in many of these instances, as it takes into account contingencies that may affect the overall cost-efficiency of the project.

    Up-front investments to consider may be done at a very basic level or may be more in depth and detailed. It follows that the more in depth and detailed the effort the greater the associated initial investment.

    Then there are the downstream benefits and ultimate cost savings that can result from a greater effort up front, depending on the nature of and market for your product.

    • Improved consistency from part to part

    • Greater ability to replicate from run to run

    • Increased part reliability

    • Minimized rework

    • Fewer returns

    • Increased flexibility and repurposing capability

    • Reduced ongoing maintenance

    It is difficult to attach a specific dollar amount to the “Invest now to save later” philosophy (or, as may be rephrased in the negative sense, “Pay now or pay later”). Therefore, it is beneficial to have the Kaysun engineering team assess where to balance your resources between initial investment and longer-term returns.

    My experience with manufacturers and marketers of high-quality products has been that the up-front effort and resources devoted to developing a quality product and process have been more than justified by the results. Learn more in our helpful whitepaper.

    Project Costs Guide

    Topics: Injection Molding Process

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