How to succeed in die & mould industry

January 13, 2015 2:25 pm

A road map to be successful player in the die and mould industry
Resource planning: an integral approach It is a global fact that tool room operators face critical challenges for the past few years. The reasons behind could be frequent economy slowdowns, tough competition in the local market, import pressure and varied customer expectations. Even though a lot of solutions could be presented as alternatives, effective production planning system only can act as better one as the production time is the key selling factor of the die making industry. 
Scheduling: the critical challenges The important factor in any manufacturing sector is managing the schedule and its tracking model. Even though it looks like a tougher task, if the live data is availed to the operating team, definitely scheduling could be achieved with its closest resolution thereby the turnaround time. Eventually, such TAT advantage could create a positive impact on the pricing which is always being the deciding factor in fetching the order from any customer in this competitive business environment. In fact, there are chances to win more orders with better margin as such a planning system increase the confidence level of the customers. Based on these grounds, there is no doubt that production planning process could stand as an ultimate tool.
Beyond just planning: the driving Factors In general, utilising a planning system would integrate few key factors such as timely availability of bill of materials, mapping resource constraints and co-relating priorities with available orders towards giving the right date of completion to the customers. In addition to that, any such planning tool always could integrate Ideal stock levels, process flow, machine priorities, manpower estimation, man hours tracking, resource utilisation tracking, blending factors and overall reporting systems effectively. In few cases, ideal production planning systems could even integrate more than few job floors systematically.

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