To survive in business with profit in between crises and competition, we need to increase cost of the product. Unfortunately that is not an option to survive in business with great profit due to competition. The main option is to reduce the manufacturing cost with same quality. In this situation we have to look upon the process planning. From this I have concluded that combining two process into one could achieve what we want that is reducing process into lean, it reflect in cost. The various stage tools are TRIMMING and PIERCING operation is done by using in two mechanical presses at individual operator, the production efficiency is less & Tool cost is high. For this problem, I am planning to do new design of Combination tool. By designing of combination tool, following will be achieved to reduce the production cost which is our main Aim. 1) Setup time will be reduced 2) Cycle time will be reduced 3) One Man power will be eliminated 4) One Press Machine will be eliminated 5) Tooling cost will be reduced 6) Overall Operating cost & cost per component will be reduced. This project focusing on Stage reduction by new combination Tool design & Tool manufacturing for the Trimming and Piercing tool operation .This Tool will be called as TRIM &PIERCING TOOL. The product is Automobile BRAKE BACK PLATE for the customer of FORD Automotive.
Trimming; Piercing; cost reduction; New back plate
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