Saturday, March 17, 2007
Hamond Industries Ltd Announces New Tooling Program
Hamond Industries, a leading manufacturer of small, custom metal parts, is pleased to announce a new tooling program, suitable for lower volume parts and customers.
Under the new tooling program, only the unique tooling components for each job will be built. Those components which are fairly standard will instead be tooled using Hamond standard components.
The program is suitable for low to medium volume jobs, up to, perhaps, 500,000 parts per year. Beyond that volume, scheduling and wear issues mean that we will offer this option and will continue to tool jobs in the classical way, that is, a complete set of components for each job.
From the customer's perspective, the tooling cost will be less, and the time to build the tooling also less, because we only build those components unique to your job. However, the part price will be slightly higher, because it pays for wear, tear and repair on the shared tools.
How much can this program save? It's hard to estimate. The nature of custom work is that each job is different. But if a customer is willing to work with us, perhaps modifying their drawing to use standard materials, standard material widths, standard hole sizes, etc, so that standard components can be used throughout the job, somewhere between 1/3 and 1/2 of the standard tooling charge (and some lead time) may be shaved off.
Under the new tooling program, only the unique tooling components for each job will be built. Those components which are fairly standard will instead be tooled using Hamond standard components.
The program is suitable for low to medium volume jobs, up to, perhaps, 500,000 parts per year. Beyond that volume, scheduling and wear issues mean that we will offer this option and will continue to tool jobs in the classical way, that is, a complete set of components for each job.
From the customer's perspective, the tooling cost will be less, and the time to build the tooling also less, because we only build those components unique to your job. However, the part price will be slightly higher, because it pays for wear, tear and repair on the shared tools.
How much can this program save? It's hard to estimate. The nature of custom work is that each job is different. But if a customer is willing to work with us, perhaps modifying their drawing to use standard materials, standard material widths, standard hole sizes, etc, so that standard components can be used throughout the job, somewhere between 1/3 and 1/2 of the standard tooling charge (and some lead time) may be shaved off.
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Hamond Industries Ltd - the Slide Forming Specialists
