Home Topic: Reducing Cost

Topic: Reducing Cost

In nearly every industrial sector, there is now a demand for replacing traditional building materials, such as steel and aluminum, with carbon fiber composites. This trend started in the Aerospace industry and is now being strongly implemented in the automotive and other fields.

While this has resulted in greater part strength and longer product life, the most dramatic benefit has been a lower cost of project.

Our series messages and article excerpts will describe how custom tools have helped to reduce the cost of the project within the Lockheed Martin’s F-35 Strike Fighter production.

Cost of Project

The goal of this concept is not to use less expensive materials and tools, a method that often results in a higher project cost. Rather, the concept is to achieve a lower the cost of project, product or process by using custom designed tools of the highest possible quality. In the end this approach increases cutting efficiency and reduces project completion time.

The result is to lower the overall cost the project.

Higher sub-costs of tools used achieve greater efficiency in less time will be happily endured, given the process delivers a final lower cost of project.

Ultimately, the customer is concerned only with the cost of the final or finished result.
So, what are some the factors that contribute to lowering cost of your project?

Step #1 in this topic will be to consider four critical factors that determine cost of project in machining composite parts.

  • Overall Tool Cost – per unit
  • Span Time – or the time the tools is in contact with the part
  • Tool Life – or number of holes a tool can cut before it is spent
  • Feed Rate – or the time required to achieve the desired cutting result

Join us for Step #1, Four Process Factors of Cutting Tools
in our topic – Reducing the Cost of Project