When manufacturing various items such as machinery, one of the goals that you often need to try to work towards is keeping the cost of the process down. This not only makes it easier for you to operate the business using less money, but also ensures that you don’t have to sell the products that you manufacture at very high prices in order to make a profit.
In essence, this keeps you competitive and profitable. To get it done right, you will need to identify the factors that influence how much it will cost you to do the manufacturing, and then try to influence them in such a manner that you will be able to manage this cost better.(…)
via Melfast Inc. Industrial Supplies Blog – Fasteners, Bolts, Screws & More.