The entire world of the product design has undergone fundamental and revolutionary changes. The product lifespan are also getting much shorter and can soon come in the market. Thus, the product developers are now moving away from the mass production and going towards low volume manufacturing singapore.
What’s Low-Volume Manufacturing?
This is one kind of the specialized service that provides the full production parts but in the volumes generally limited to over 100,000 pieces and fewer, which depends on a process used. It is the popular option for a lot of product categories, and allows limited investment in materials and tooling whereas offering fast access to the markets, fast response to the shorter life cycles as well as bridge between the initial prototypes & high-volume production.
Many people think that it is quite obvious that the manufacturing costs for every unit can go down as the volumes go up. Thus, if you wish to make the cheap parts, you must make more, right? It is not the case. Suppose you are to mass produce the parts –particularly for the pressure die casting and injection molding –you need to make the larger investment in expensive tool steel that in turn has to get hardened & heat treated carefully to withstand any rigors large-scale production.
With that in mind, the low-volume manufacturing over 100K pcs will be the best for you can avoid the big investment whereas producing quality parts. Suppose the tool steel does not have to be very durable it is economical to buy and much faster to heat. And, suppose the tool wears out at such production or want to have another made, get it done without any extra charge!
Low volume manufacturing generally allows the customers to invest very less money and time in tooling or materials, whereas providing much faster access to the markets.