Anything that can be produced uniformly and casually by a mechanical processing factory is definitely not profitable. They only can compete on product quality, refinement and finesse. Only if we have a separate excellent mechanical design R&D department, constantly develop new products and improve processing technology, relatively speaking, the profit is relatively large.
Therefore, don’t be negative to the market, but should strive to cater to the market. Only in this way can the profit of mechanical processing increase and rebound.
Generally speaking, pure turning, milling, planing, and grinding are hardly profitable, and in many cases, money is lost. Therefore, turning, milling, planing and grinding are usually ancillary processing of some product processing. For example, there are a lot of riveting and welding processes, laser cutting processes, and a certain technical tooling combination for automotive parts processing, and turning, milling, planing, and grinding are just a part of it. In this case, the final profit can reach about 10%.
For sheet metal processing, the traditional processing method has almost no competitiveness, but in the case of cheaper manpower, the profit can still reach 5% to 10%. For more modern processing equipment, the processing profit of some parts can generally reach more than 10%.
However, if it is a complete set of equipment processing, comprehensive phosphating, painting, spraying, baking paint, as well as the aforementioned turning, milling, planing, grinding, riveting and welding processing can have higher profit margins. If there is still a certain design capacity, the profit margin is even greater.
To be profitable, you must have your own unique characteristics: including the leading processing technology, resource conservation, streamlining of processing procedures and process consolidation and so on, it is entirely possible to squeeze some profits from it, but it will not be too high, but going along this line of thought, there are many potentials to be tapped, it is still worth doing.
CNC machining service is the core business of DO Machining, from protptyes to bulk production, our professional 3/4/5 aixs CNC machining centers, CNC turning equipments, CNC turning-milling equipments, CNC grinding machines etc., are operated by well trained manufacturing engineers to meet the demands from global 1000+ customers in 30+ industries.
CNC Machining can be done starting with blanks produced from standard bar stock or one of DO Machining other manufacturing processes.
Contact us to see how we can provide overall value to your CNC machining needs.
