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How to Save on Plastic Machined Parts

News, Purchasing Help on March 11th, 2010

Current purchasing methods evaluated
Traditionally, buyers send requests for quote to three vendors each time a requirement for low volume components presents itself. The vendor then provides a quote on the best price in several quantities with their best delivery. After all quotes are evaluated, purchase orders are placed with the lowest bidder. Ironically, this process [...]

Low Cost Solution for New Product Development in a Down Economy

Engineering Help, News on January 15th, 2010

New product development teams nationwide are frustrated with corporate cost cutting and lack of capital for their R&D plans. Valuable projects are put on hold because R&D budgets cannot cover the expensive introductory costs of new tooling and initial manufacturing of new designs. In today’s economic environment, corporate cost cutting is needed to help companies [...]

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