Boosting Productivity, Throughput and Profitability: Why Unit Cost Isn’t Everything with Cutting Tools

The manufacturing space is crucial to the global economy, driving commerce and employment while meeting diverse market demands. However, the industry faces numerous challenges, from rising tool costs and competitive pressures to inflation. To navigate these challenges and reduce costs, some manufacturers turn to unit pricing for industrial machinery, including precision-cutting tools. Yet, this approach can incur hidden costs, compromise quality, delay market entry, and damage customer satisfaction, ultimately risking long-term reputational and market share losses.

Let’s explore the true costs of cheap tools and advocates for prioritizing throughput over unit pricing in procurement.

You can also download our Whitepaper here.