In today’s competitive environment, OEMs are looking for opportunities to reduce costs while maintaining product quality. While there are a number of factors that contribute to the cost of injection molded parts, we will focus on the top 3 ways to reduce part cost: consolidation of suppliers, efficient part design, and process automation.
Product packaging is sometimes an after-thought – just an additional product cost that companies don’t have time to optimize. The reality is that secondary operations such as packaging are well worth the effort to improve. When partnering with a single-source provider such as Crescent, product packaging becomes an extension of the production process, providing customers with a complete manufacturing solution, and providing value by minimizing the number of vendors involved and enhancing product reliability and consistency. Single-source providers that offer packaging services streamline manufacturing by improving efficiency - saving OEMs time and money on various costs such as transport, storage, product damage, and materials.