A key metric that measures a company’s delivery performance and supply chain efficiency is on-time delivery (OTD). It is a ratio (expressed as a percent) of the number of customer orders shipped by the agreed-upon date versus the total number of orders for a specific period. It is a metric that many manufacturers use to
Custom molding injection is not exactly the simplest or most straightforward process. Most people are unaware as to what custom molding injection means and why it is so important. Furthermore, there are nuanced costs associated with this process that stem from different areas. Each portion of custom injection molding costs a unique amount of money for
When selecting the optimal plastic material for a certain injection molding application, it is prudent to use a commodity resin. This type of resin gets the job done without exception. Commodity resin is affordable and readily available. Whether the application in question is a toy, a consumer product or packaging, a commodity resin will likely suffice.