06/24/2013

PlasticsToday

Quoting molds still vexes moldmakers—The fine line between ‘making money or losing your shirt’

Everything about moldmaking—designing, programming and machining—has been streamlined and made faster and easier to reduce time and cost. Everything except quoting molds that is. Mold quoting continues to be the bane of a moldmaker's existence.

A number of years ago I asked a mold shop owner about his cost of quoting molds as a "cost of sales." He was averaging about 25 RFQs a month, and was quoting every one of them with only a few exceptions. "Quoting costs me nothing," he replied nonchalantly. "I take the prints home at night and quote them after dinner on my dining room table."...