Metal fabrication is one of the most competitive industries in the U.S. Fabricators are always looking for new ways to decrease manufacturing costs to maintain profitability and a competitive edge. Identifying and implementing cdst-reduction opportunities often mean the difference between long-term survival and plant closure. Many companies report that raw steel can represent as much as 70 percent of total manufacturing costs. Therefore, reducing scrap and inventory costs are at the center of many cost-reduction efforts. Even the smallest reduction in these costs can have a huge impact on the company's financial bottom line.
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