Managing Costs Of Precision Machining Projects

July 16, 2024
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Rising costs and tightening budgets are two main elements that drive project development decisions. A common concern among manufacturers is how to optimize their investment without sacrificing product quality or performance.

Here are five smart and effective ways to manage costs on your next precision machining project: 

Invest In Quality Drawings

Precision machining projects require quality drawings in order to be successful. If a drawing is incomplete, contains errors, or is in the wrong format, it can affect the entire workflow and lead to costly delays, revisions, and redos. 

It’s always best to use professional designers or engineers who create drawings using the latest software and have a complete understanding of what’s required for the fabricator. Ideally, you can also use your fabricator’s in-house designers as they already understand what their machinists need to complete their work and can collaborate directly with them when needed. 

Keep The Design Simple And Use Cost-Effective Options For Your Machining Projects

You can lower labor costs and reduce production time by simplifying your design. Simple machining projects can decrease the number of cuts, bends, and welds required, reducing the machine time. They also often require less material, further lowering costs.

Other cost-efficient design strategies include reducing tolerances where possible, using stitch welding instead of the more expensive full welding, and considering wet paint over the pricier powder coating for finishes.

Choose Materials Wisely For Your Precision Machining Projects

Naturally, you want to provide your customers with products made of the most durable materials. However, the material you choose can significantly impact your costs. Reduce your material spend by designing for standard sheet sizes and gauges whenever possible. Also, investigate using thinner materials or less expensive grades of metal and alloys that will still meet your project’s mechanical requirements without sacrificing performance and durability. Recycled or repurposed metal may also come at a lower cost.

An experienced precision machine supplier can help you strike the right balance between costs and materials that will still fulfill your project’s objectives. There may be more material options than you might realize, and a seasoned fabricator will have them at their disposal or find them for you quickly.

Employ Suppliers With A Balance Of Modern Technology And Skilled Talent 

Most qualified and experienced metal precision machining facilities use modern technology to improve workflow, boost productivity, and elevate product quality while minimizing energy, labor, and other costs. Additionally, precision machining technology can reduce your time to market, helping improve your market position and stay competitive. CNC machining, 3D design software, robotics, and automation should be staples at any fabrication supplier you’re considering. 

Of course, technology is no good without the skilled talent to operate it while carrying out many other precision machining tasks. An ideal fabrication house will be able to allocate its human and tech resources appropriately to meet your project requirements while optimizing costs. 

Read More: Trends And Innovations In Precision Machining

Hire Experienced Teams Under One Roof For Your Precision Machining Projects

Working with the most experienced suppliers might sound like a pricey prospect, but the value they deliver is worth the investment. For example, hiring fabricators who have a proven track record with different industries should be able to meet your project needs in terms of customized designs, material flexibility, forming, processing, machining, and finishing. If you can find all these services under one roof, they’ll put together a cost-effective all-in-one solution covering everything from design to delivery. You’ll also save time dealing with only one supplier instead of juggling multiple contracts.

Full-service facilities have the knowledge and experience to overcome any obstacles or problems and provide seasoned advice when you need it. Be sure to ask lots of questions because the more they know about what matters to you, the better and more cost-effective the results will be.

Read More: Our Capabilities

Kenona Industries: Your One-Stop For Quality, Cost-Effective Precision Machining 

Kenona Industries, a division of Arrow Automotive knows the importance of optimizing production costs without sacrificing product quality or performance. We work closely with our customers to explore the most effective design and fabrication options that suit their budget. Our team has the experience to make recommendations that will always bring the best results.

Since 1988, our team of engineers, machinists, automation experts, and support personnel have specialized in fabricating high-volume, precision-made components for gas-powered and electric vehicle components. Our skills, experience, and technology make us our industry’s go-to experts for complex, cost-effective metal design and fabrication solutions.

When you need quality precision machined parts and components, call Kenona Industries first. 

Contact Kenona Industries For A Quote On Your Next Design And Fabrication Project

Kenona Industries is a world-class supplier of high-volume, precision-made components to leading automotive suppliers. Discover everything that sets us apart by requesting a quote for your next project today!

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