Mold making is a tough business. You have to compete on many bids with an accurate price that doesn’t compromise profit margins, but is competitive enough to win. So many factors impact the cost of the mold from the quality of the part design, ability to manage cooling, and machining requirements. An accurate quote requires significant effort. Yet, despite all the work that goes into the bid, there’s a good chance you may not even win it.
Then once you win the bid, the challenges only multiply. Poor part designs, bottlenecks, complexity, changes, and more create obstacles to profitability. To identify how mold makers can transform their operations to become more competitive and boost profitability, Tech-Clarity surveyed over 370 mold makers. This report reveals the results and provides recommendations to improve your business.
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