What is low volume manufacturing?
There are many types of manufacturing processes that companies tend to use in their enterprise. One such type of manufacturing is the low volume manufacturing process. in this process, one hundred to one thousand products are produced each month, depending on the type of product and the market targeted. Many times replacement parts are produced through a low volume production process.
Steps were taken into consideration
For succeeding in this type of production, efficiency plays a very vital role. It not only makes sure that the resources are used to their fullest potential but also makes sure that every demand for the product is met properly. five things need to be followed for efficient production of low volume processes.
- Digitization: it is very important to keep the entire process of digital pro, as it helps in the ultimate flow of data at every step of the production cycle. this empowers the member of the project and also keeps every step well connected.
- Concurrency: having a well-meandered connection between every element of the project is important. It is important to deliver the best of the product to the customers in time, and for that, it is crucial to keep every department on the same page.
- Technology: another very crucial thing about the successful production of a low volume process is bringing in the best of the technology. In this type of manufacturing cutting edge technology not only brings time and cost efficiency but also helps in finding better innovations at the right time. low volume production can ensure that one can reach the market quickly before the competitors. Also, it ensures that high quality and highly innovative products are marketed.
Benefits of low volume manufacturing
Many enterprises are now focusing on manufacturing low volume products as compared to the high volume mass production. Four of the main advantages of low volume process of manufacturing are:
- Flexibility of design
One of the major drawbacks that mass production faces are design flaws that cannot be corrected in time, as it will lead to major losses in terms of cost and time. but in low volume processes, his setback is corrected as there is a lot off flexibility when it comes to designing and product. Companies can change the design or can modify the product in time as the number of units produced in less.
- Saves money
This type of manufacturing can be quite cost-efficient especially for those companies who are looking to make lower investments. Mass production processes are stressful and thus only high-quality ingredients can survive such processes. But in a low volume process, the cycle is less stressful and thus mediocre quality resources can endure the process. Also, low volume production can be easily down without larger setup overheads and investments.
- Fast process
Today in this fast-paced market, reaching the customers first can ensure the success or failure of the company. low volume production can ensure that one can reach the market quickly before the competitors. Also, it ensures that high quality and highly innovative products are marketed.
- Bridging the gap
Before mass production of a product, it is important to learn about its flaws and also if the customers are liking it or not. as mass production requires large investments, it is important to check the product’s ideas beforehand. Therefore low volume production helps to connect the gap between the mass production and the prototyping process. in this process, one hundred to one thousand products are produced each month, depending on the type of product and the market targeted. Many times replacement parts are produced through a low volume production process.