In the realm of manufacturing, efficient stock material
conservation is a critical economic factor that can significantly influence
overall production costs and profitability. This approach focuses on optimizing
material usage without compromising the integrity and quality of individual
components, or piece parts. Understanding how to effectively manage stock
materials is essential for manufacturers looking to enhance their operational
efficiency.
Why Stock
Material Conservation Matters
✔ Cost
Reduction: By minimizing waste, companies can lower material costs, which
is especially
important in industries where raw materials are expensive or
subject to fluctuating prices.
✔ Sustainability: Conserving stock materials not only helps in reducing costs but also supports
sustainability initiatives by minimizing waste and promoting eco-friendly practices.
✔Efficiency: An optimized strip layout can enhance production efficiency, leading to quicker turnaround
times and increased output.
Calculating
Economy of Strip Layout
To quantify
the economy of a strip layout, manufacturers can use the following formula:
Examples:
1. Calculate the economy factor to punch the mild steel component in single row feeding?
Solution:
Number of rows = 1
Area of blank = 1314.16 mm2
Scrap Bridge = 1.2t =1.2
X 2 = 2.4 mm
We know that,

A. Wide Run
Economic Factor = 78.43%
B. Narrow Run
Economic Factor = 73.19%
2. Calculate the economy factor to punch the mild steel component in single row feeding?
Solution:
Number of rows = 1
Area of blank = 2525.8 mm2
Scrap Bridge = 1.2t =1.2 X 2 = 2.4 mm
We know that,

Economic Factor = 62.47%
3. Calculate the economy
factor to punch the mild steel component in single row feeding?










