Weld Cost Analysis
At MATHESON, we are committed to partnering with our customers to help them be the most competitive in their respective industries. As part of that commitment, we work with customers on welding cost reduction. Every day we see opportunities to help our customers save money in their welding operations.
In this bulletin, we’ll discuss MIG welding, but many of the principles can be applied to any process and technology.
Managers working at fabricators and manufacturers must make decisions about welding-related costs all the time. These decisions might be about comparing outsourcing versus in house fabrication – or perhaps considering the payback on a capital expense such as a robot. At the core of it all is the complicated question of how to accurately calculate Cost Per Piece in the first place. We will open the discussion on that question here. You be the judge on what works for your shop.
One misconception is that the cost of materials – gas, filler, flux, consumable parts – is the path to savings. Many fabricators find it easier to add up the costs of consumables for the shop versus quantifying other weld-related costs. However, it has been shown that cost reductions derived from labor savings and quality improvements are typically more impactful, more controllable, and more sustainable. MATHESON can help you examine these factors.
