Production Optimization in Molds & Dies Industry with PRODUCTION50®

The die and mold is the “back bone of any industry”. It is the key to all process in manufacturing, noting that “everything people encounter” – Mr. Louie T. Fuster from IC Mould, for the electronic industry, automotive parts, plastic moulds and dies for plastic bottles and various plastic parts in different industries, medial instruments and equipment, including farming implements for the agricultural industries. Dies casting and forging for the automotive transmission parts also goes through the process of die and mold design and processing.

PRODUCTION50®

A variety of activities like reducing purchasing costs, reducing the number of purchased parts, etc. can reduce costs, but what should be done after that? The products should be manufactured with good quality at a cheap price, so you can remain profitable in the market. The most effective way to reduce manufacturing costs is by achieving high manufacturing efficiency.

The concept of Production Optimization

Tooling costs offer the opportunity for a large leverage effect in terms of variable production costs: for example an increase in production speed can reduce the number of required machine hours, personnel costs and energy costs. Optimized production is the result of perfectly coordinated manufacturing parameters. 'These include the machine park, the tools and CAD / CAM programming, which can save time and money and set new quality standards. Consequently it is more important to design the production processes in such a way that die and molds are produced faster and therefore more efficiently in order to remain permanently competitive. This is the central starting point of Production50®  from Moldino.

The nine-step plan for optimized processes

Nine steps includes the underlying schedule of  Production50®  which looks like this:

(1) Determine actual status

(2) Development of process optimization

(3) Joint exchange

(4) Practice implementation of the process

(5) Preparation of the profitability calculation

(6) Target outcome analysis

(7) Presentation of the results

(8) Permanent use of the new manufacturing method

(9) Sustainable consolidation of new processes