https://www.avient.com/idea/innovation-cuts-solar-power-system-wiring-installation-costs
This not only added cost, it made for longer cycle times, even as rising demand was pushing the manufacturer to unlock new capacity.
This would reduce costs, ease certification and – by eliminating secondary extrusion processes – effectively increase manufacturing capacity.
Reduced costs: An estimated savings of $500,000 a year in production costs, primarily through reduced materials and energy costs.
https://www.avient.com/idea/auto-supplier-cuts-costs-painting-trim-parts
Masterbatch approach eliminates added cost, chemical volatility of painting
Cost reduction: Overall improvement in material cost performance versus painted ABS.
In addition, equipment costs showed a quick return on investment (ROI) because of the material savings.
https://www.avient.com/news/oncolor-wc-wire-and-cable-colorants-feature-cost-effective-performance
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OnColor™ WC Wire and Cable Colorants Feature Cost-Effective Performance
CLEVELAND – June 24, 2020 – PolyOne today launched OnColor™ WC Choice, a new line of cost-effective colorants that reliably achieve the performance levels required in a range of wire and cable applications.
We’ve launched the line of OnColor WC Choice colorants to help our customers be more cost competitive without sacrificing quality or convenience,” said Jayson Humble, marketing leader, PolyOne.
https://www.avient.com/news/reduce-material-costs-and-improve-processing-new-foaming-fluoropolymer-wire-insulation-technology
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Reduce Material Costs and Improve Processing with New Foaming Fluoropolymer Wire Insulation Technology
https://www.avient.com/idea/auto-supplier-drives-exceptional-quality-productivity
Automakers and suppliers currently face challenges brought on by a record plunge in demand and an equally unprecedented rise in costs.
The higher performance improves perceived quality among consumers and reduces replacement costs.
Improved flow = lower unit costs: High flow characteristics of the Avient solution in combination with a TandemMold result in doubled production volume for a 50% reduction in machine-related costs per part.
https://www.avient.com/idea/telecom-supplier-secures-large-contract-specialty-nylon
Shielding connectors deliver higher speeds, lower costs than ever before
A cost-effective solution that would enable the manufacturer to compete in this new market
The Avient material met the targeted cost and performance targets
https://www.avient.com/investor-center/news/avient-provides-third-quarter-2020-performance-update
in cost reductions by the end of year three.
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
https://www.avient.com/ink-room-management
This is a significant inventory cost reduction.
Cost and Inventory Control with IMS
This allows techs to load the component costs into the software, enabling reporting of the actual ink costs per gallon or per job.
https://www.avient.com/idea/heighten-automotive-interior-aesthetics-and-appeal
A high productivity manufacturing process that drives low per-part cost is crucial for dealing with cost pressures.
Reduce Total System Cost
TPEs work to reduce costs in other ways too.
https://www.avient.com/idea/metal-replacement
Cost Savings
Lower shipping costs
Auto Supplier Cuts Costs of Painting Trim Parts