AT A GLANCE
Servo Presses make Tight Tolerances a Reality
Innovations in Stamping Technology justify Reshoring
Objective
Assess the effectiveness and benefits of incorporating servo press technology in the precision stamping of parts previously machined due to tolerance requirements, which previously led to outsourcing production overseas. Evaluate the potential reshoring of part production by quantifying cost savings, measuring improvements in production speed and turnaround times, and examine quality and compliance to ensure they meet required specifications.
Solution
Servo presses have made it possible to stamp parts with tolerances that were once deemed exclusive to machining. This breakthrough signifies a pivotal shift in manufacturing strategies. By leveraging servo press technology, companies can now consider bringing part production back from overseas, thanks to several compelling advantages.
Benefits
Reduced Production Costs
Stamping is inherently less expensive than machining due to lower labor costs and faster production rates. The ability to achieve required tolerances with stamping, thanks to servo presses, means that parts can be produced more cost-effectively.
Increased Production Speed
Servo presses can operate at high speeds with precise control, significantly lowering the time it takes to produce parts. This efficiency is a stark contrast to the lengthy machining processes, ensuring quicker turnaround times. The ability to quickly retool and adjust production lines with servo technology allows manufacturers to respond swiftly to market changes and demand fluctuations, a significant advantage over the rigid and time-consuming setup changes in machining operations.
Localized Manufacturing Benefits
Bringing production back to local facilities can drastically reduce shipping times and costs, mitigate risks associated with international supply chains, and improve quality control oversight. Stamping processes, especially with servo presses, can be more energy-efficient than machining, contributing to reduced carbon footprints. Moreover, localized production minimizes the environmental impact associated with shipping parts across the globe.
AT A GLANCE
Servo Presses make Tight Tolerances a Reality
Innovations in Stamping Technology justify Reshoring
Automakers have jumped on board with the new technology; noting that stamping larger parts rather than welding smaller components together is much more cost effective.
Embrace the Future of Manufacturing Today
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