Abstract Currently, China's cutting and tooling technology lags behind industrialized countries by approximately 20 years. To bridge this gap, efforts from the tool industry alone are not sufficient. It is also essential for user industries to increase their investment in tools and make full use of them. This can significantly improve production efficiency, reduce costs, shorten lead times, and accelerate the development of new products.
According to foreign data, tools account for 2.5% to 4% of manufacturing costs, yet they directly influence up to 20% of machine costs and 38% of labor costs. When feed rates and cutting speeds are increased by 15% to 20%, manufacturing costs can be reduced by 10% to 15%. This shows that even though better tools may cost more upfront, the overall savings from increased efficiency—especially in machine and labor costs—are substantial. This strategy is widely adopted by manufacturers in developed countries as a key part of their business approach.
However, in China, many enterprises still rely on conventional machine tools or outdated equipment, and with relatively low labor costs, the full impact of advanced cutting tools on manufacturing costs has not been realized. Despite this, the low initial investment and quick results make tool upgrades highly suitable for Chinese companies at this stage, yielding excellent outcomes. In order to close the technological gap with industrialized nations, China’s tool manufacturers must work harder to accelerate the development and application of key technologies. Additionally, there is a growing need for greater awareness among end-users about the long-term benefits of investing in high-quality tools, which will ultimately drive sustainable growth and competitiveness in the global market.
According to foreign data, tools account for 2.5% to 4% of manufacturing costs, yet they directly influence up to 20% of machine costs and 38% of labor costs. When feed rates and cutting speeds are increased by 15% to 20%, manufacturing costs can be reduced by 10% to 15%. This shows that even though better tools may cost more upfront, the overall savings from increased efficiency—especially in machine and labor costs—are substantial. This strategy is widely adopted by manufacturers in developed countries as a key part of their business approach.
However, in China, many enterprises still rely on conventional machine tools or outdated equipment, and with relatively low labor costs, the full impact of advanced cutting tools on manufacturing costs has not been realized. Despite this, the low initial investment and quick results make tool upgrades highly suitable for Chinese companies at this stage, yielding excellent outcomes. In order to close the technological gap with industrialized nations, China’s tool manufacturers must work harder to accelerate the development and application of key technologies. Additionally, there is a growing need for greater awareness among end-users about the long-term benefits of investing in high-quality tools, which will ultimately drive sustainable growth and competitiveness in the global market.
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