Process Optimization

Cost Reduction Methods

• Process optimization, e.g. CNC to cold heading combined with simulation analysis
• Parameter adjustment to improve production efficiency (cost savings of 375,000/year in case study)
• Multi-component to integrated multi-functional products
• More methods under exploration

Potential Cost Savings

• 20% cost reduction expected by switching CNC to cold heading
• 10% total cost optimization expected by parameter & integration improvement