Faster Product Development Through Machining With Y-Axis Turning
Profitability need not be compromised over accelerated product development cycles to adapt to rapidly changing business landscape. Staffan Lundström, Product Manager and Application Specialist from Sandvik Coromant explains how innovative Y-axis turning can overcome delays and support efficient production.
The demands on manufacturers can be summed up as: ‘produce innovative and higher quality product s in shorter time.’ Add sustainability initiatives into the mix, and it becomes clear that manufacturers in all sectors must apply comprehensive strategies to overcome these obstacles while staying ahead of the competition.
“We should not prioritise on the basis of project profitability,” wrote the best-selling product development author Donald G. Reinertsen, “but rather on how this profitability is affected by delay.”
Manufacturers are expected to accelerate product development cycles to meet rapidly-changing market demands — yet they are also losing hundreds of production hours to equipment downtime and unnecessary tool changes.
Understanding Comprehensive Strategy
What does a ‘comprehensive strategy’ entail on the machine shop floor? Antidotes to rising energy and commodity prices, suggested in PwC’s “Achieving Excellence In Production And Supply Report”, noted companies should monitor and optimise their processes to make them as efficient as possible.
This also means manufacturers should accelerate their product development cycles to meet rapidly heightening performance and safety
standards. One approach is through on demand manufacturing, where goods are delivered precisely in accordance customers’ specifications in certain quantities.
On-demand manufacturing is made possible by latest additive manufacturing (AM) technologies, like 3D printing, which speeds up
manufacturing and prototyping. Elsewhere, manufacturers use artificial intelligence (AI) and Industry 4.0 concepts to optimise their processes.
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