How to calculate injection molding cost

The question is a straightforward one, but there are various things to consider while calculating the cost. Factors like the durability of the mold, shipping cost, material selection, maintenance costs, etc. affects the final cost. The cost differs for every purchaser in different situations. You can go from the lowest to the highest depends on your choice and budget.

injection molding cost
injection molding cost

The durability of the mold – The injection mold you are choosing for should last for the entire program; if it loses its shape or characteristics then buying it will be just a waste of money. Also making a purchase from a trusted source is better to avoid future complications if the product turns out defective.

Shipping cost – It is a matter of concern for those who are buying mold on a foreign land. Getting it shipped to your workplace could be costly. It can cost a good share of the final price you pay for the product.

Maintenance cost – If you are making purchase offshore then its maintenance is your responsibility and getting it home with safety and looking after requires more money. If something misshapen during shipping then it may affect the product’s productivity. In such conditions, you will be obliged to make another purchase. And precaution is better than cure. It is better to invest a little more in its safety than buying altogether a new one.

Material selection – It is an important factor to keep in mind while selecting. Your payment rate depends upon the type of material you choose.  The material should be strong enough to endure all the mechanical pressure it is about to go through.

Roughly the cost of the injection molding is the price finalized on the RFO but apart from this the cost of the mold also includes many factors that cannot be measured. That is the experience of the builder and what technique he is using. If the builder is good at his job and is experienced then work becomes easier and the cost of repeating the cycle again reduces bringing monetary savings. These things are not written on papers, but if you give it a thought then can cost you a good whooping amount. Plus there is always little wiggle room in the final cost of any product. It is better to keep a little sum aside for safety purposes. It will keep you ready in hard situations.

In case if you have already a fixed amount in your mind and don’t want to spend any extra buck then you should tell so to your mold builder. That way the mold will be designed with your instructions and budget in mind. If the number of cavities is higher in every per cycle then the parts will be less expensive allowing higher input. You can also opt for the basic products supplied by you rather than paying for it as part of the final product. Through these small hacks, you could save much money.

Need more insights on injection mold selection and costing then visit  https://www.injectionmouldchina.com. They will not only provide you proper guidance but are also makers of best injecting mould in China. Here you will get all the details on China injection molding cost.