Price is not the only thing that counts: The role of opportunity cost in purchasing decisions
Opportunity cost is applicable to companies’ decisions on supplier selection. The decision to order components for production from China instead of local suppliers is a classic example where opportunity cost plays an important role. What is opportunity cost? Opportunity cost is the value of the best alternative not taken. In simple terms, it means the […]
Supplier qualification process – documentation and audit
When ordering tooling from us, we take care of the entire process including design, manufacture and implementation for production. The standard in the market is to do all the stages separately – you need a design company, a company to produce it and a company to put it into production. As a result, the client […]
Advice on optimising the production process
When you order tooling from us, we take care of the entire process, including design, manufacture and implementation into production.The norm on the market is to do all the stages separately – you need a design company, a company that will manufacture it and a company that will put it into production. As a result, […]
Advice on optimizing the detail and design itself
Prasmet is not only a manufacturer – a manufacturer of details in accordance with the technical documentation presented in the inquiry. We are a partner in developing and optimizing your products. How to prepare a project for production Optimization of the workpiece and design is a key part of preparing the project for production. The […]