Machine tool experts recommend choosing tools that focus on productivity
"China Industry News" recently quoted machine tool industry expert Zhang Hao, who highlighted a common issue in the sector: the low utilization rate of machine tools. He emphasized that companies should focus on maximizing the efficiency of their equipment, as the tool's performance is critical to achieving optimal results. If the tool doesn't meet the required standards, even high-speed operations won't deliver the expected outcomes.
The report also pointed out that many tool users tend to prioritize price over performance, often overlooking the long-term impact on production efficiency. It referenced the experience of Sandvik Coromant, a leading cutter manufacturer, which noted that buyers are frequently evaluated based on their ability to secure the lowest possible purchase price. As a result, they often settle for cheaper options, even if those tools perform poorly.
Sandvik Coromant’s business model is rooted in manufacturing economics. According to the company, reducing the cost of tools by 30% could save customers just 1% in part costs. However, investing in higher-quality tools that extend tool life by 50% can also lead to a 1% reduction in component costs. The real benefit comes when using better-performing tools to improve cutting parameters and increase production speed—by as much as 20%. This can result in a 15% reduction in overall part and component costs, significantly boosting customer profitability.
In today’s competitive environment, it’s essential for manufacturers to look beyond initial tool prices and consider the long-term value and efficiency gains that superior tools can bring.
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