Production costs of rubber and plastic products reduced by 30%

Project title	Production costs of rubber and plastic products reduced by 30%
User company name	Teknikum
Industry sector	Rubber and Plastic
Production process type	Rubber and plastic parts
Application area	Product/Process Design Optimisation
Employees	50-250
Year the project started	1995
Supplier of service	Elastopoli Oy
Link to supplier	Elastopoli Oy
Pay-back time in months	Less than 12
Type of simulation used	Optimisation Algorithms
Short description of the project	Better understanding of the influence of materials, mould and processing parameters in the production of rubber and plastic parts was needed. Through optimisation and simulation it was possible to get savings through whole process and learn to understand the correlation between different parameters which affect on the economics of the production.
Soft Benefits	Better understanding of the influence of materials.
Public quantitative benefits	Savings of 20-30 % in total production costs can be achieved with the better understanding of the process. Also time-to-market delay is estimated to shorten 30-50 %.


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