1.Material
Savings
Forging can measurably reduce material
costs since it requires less starting metal to produce many
part shapes.
For example, with a torch
cut part (A), all corner stock and the full center slug
are lost, even though you pay for the excess material.
With a forging (B), the part is shaped to size with minimal
waste.
A
B
2.Machining
Economies
Forging can also yield machining,
lead time and tool life advantages. Savings come from forging
to a closer-to-finish size than is capable by alternative
metal sources such as plate or bar. Less machining is therefore
needed to finish the part, with the added benefits of shorter
lead time and reduced wear and tear on equipment.
3.Reduced
Rejection Rates
By providing weld-free parts produced
with cleaner forging quality material and yielding improved
structural integrity, forging can virtually eliminate
rejections.
4.Production
Efficiencies
Using the forging process, the
same part can be produced from many different sizes of
starting ingots or billets, allowing for a wider variety
of inventoried grades. This flexibility means that forged
parts of virtually any grade can be manufactured more
quickly and economically.
Economic
Advantages
