What do Spring Manufacturers do to Reduce Costs and How Customers can Take Advantage

Many spring customers do not take advantage of cost-saving opportunities offered by spring and wire form manufacturers. Cash flow is an issue, especially for smaller companies, but instead of holding on to a bill and paying in 45-60 days, some spring manufactures (including Katy Spring) may offer a discount if the bill is paid early-the standard for most is 10 days. The savings can add up over time.

Another way to save money with spring manufacturers is to buy more. Many spring manufacturers are willing to offer a discount for making a larger batch of spring and wire forms, and release the inventory over a period of time, usually up to 12 months. Spring and wire form manufacturers are willing to do this (the industry term is blanket orders or split releases) to secure the business and allow more flexibility in scheduling the shop. The customer saves many in two ways, a lower unit cost for the spring or wire form and reduced inventory.

Katy Spring & Mfg. Inc.