How much does the cost raw material impact on your company margins?
Aug 28, 2023 ·
15m 53s
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Description
Over the past few years, we have seen a major increase in the cost of raw materials, such as hot-rolled coils, which have increased by more than 41%. Such increases...
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Over the past few years, we have seen a major increase in the cost of raw materials, such as hot-rolled coils, which have increased by more than 41%.
Such increases make financial planning, inventory cost assessment and so on very difficult.
In addition, if the cost of base material increases, margins shrink.
Increasingly, we are being approached by companies to investigate ways of making sheet metal products, saving material, while maintaining and very often increasing product quality and performance.
Learning to manufacture with thinner materials, today, becomes-not just a necessity-but a real opportunity!
show less
Such increases make financial planning, inventory cost assessment and so on very difficult.
In addition, if the cost of base material increases, margins shrink.
Increasingly, we are being approached by companies to investigate ways of making sheet metal products, saving material, while maintaining and very often increasing product quality and performance.
Learning to manufacture with thinner materials, today, becomes-not just a necessity-but a real opportunity!
Information
| Author | Andrea Dallan |
| Organization | Andrea Dallan |
| Website | - |
| Tags |
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