Maintaining an inventory of what a client needs for production is a delicate and complicated balance. As inventory ages, it can depreciate to a level that no longer adds value for the producer. This is especially true in metal forming processes.
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Many manufacturers requesting roll forming services ask first and foremost: Can you prove your competence?
There’s nothing new or mysterious about “just-in-time” or JIT manufacturing. The idea has been around since the 1970s, and all it means is that you receive what you need, just when you need it -- hence the popular term just-in-time delivery.
Yet, when it first came into practice, it shook up metal[...]
When it comes to metal forming cost, if price is the battle, total manufacturing cost of ownership or -- TCO -- is the war.
TCO is an analysis of the complete life cycle of your purchase. The number includes every phase of ownership.
Keeping control of inventory requires intentionality.
Insufficient inventory management leads to more waste, higher costs, and a poor vendor/customer relationship.
But how do you manage steel inventory, which is a big investment with a limited shelf life? You need a lean inventory management[...]
Your business is in a niche market. Your suppliers should treat you accordingly.
The strength of steel and its alloys has come a long way.
When you think about steel, you probably imagine it’s pretty heavy, right? After all, something as strong as steel would have to be weighty due to its density.
Consider high strength low alloy (HSLA) steel.
The idea behind a supplier agreement -- whether with a roll forming company or another manufacturer -- is pretty simple. The supplier provides everything a customer needs for a particular service, and the customer can count on a specified price and single-source service.
7 pitches to convince management to switch to roll forming for your metal components:
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