No one wants to start a new year in the red. The New Year is supposed to be a time for a fresh start and for companies to get in the black in 2020; they need to make some changes now to get there. Between providing health insurance, worrying about the economy and maintaining tax compliance, cash flow is one of the biggest challenges for small businesses. One of the best ways to improve cash flow is not waste it on subpar materials.
Invest in Quality
Look at your production expenses. If you’re continually buying new materials to get work done, there may be a better solution. For example, how many times a year are you buying traditional gum rubber press pads for your commercial die cutting applications? You could drastically eliminate that expense by using the HawkPad instead. The HawkPad is our premium press pad that is made of uniquely bonded multi-layered hardwood to a custom blended urethane so it lasts three-times longer.
Real Savings
A premier honeycomb manufacturer was tired of replacing its traditional press pads every six weeks, so it made the change to HawkPad. In a trial run, the HawkPad lasted four months and withstood 562,000 cuts. It also resisted warping, dimpling and shredding even after half a million cuts. Here are the numbers:
- The HawkPad lasted four months compared to 1.5 months for the gum rubber pads. For the year the company used 3 HawkPads compared to 8 gum rubber pads.
- The HawkPads cost $5,700 for the year (3 @ $1,900) while the gum rubber pads cost $9,600 (8 @ $1,200).
- The HawkPad only took 1.5 hours to install (30 minutes for each pad) where the gum rubber pads took 24 hours total to install (3 hours per pad).
- At $100 per hour labor, installation of the HawkPad was $150 for the year and installation of the gum rubber pads were $2,400.
- The total cost to use the HawkPad all year was $5,850 and for the gum rubber pads, $12,000.
- That’s a savings of $6,150 PER machine PER year.
Not only did the HawkPad last longer, but because it allows for deeper, cleaner cuts, extra hand-punching and trimming were eliminated.
Let Sioux Rubber Improve Production
The HawkPad isn’t the only product we have that can positively impact your bottom line. We produce a number products, made with our proprietary Endurawear rubber and urethane that are made to last. For example, our recovered clamp pads cost 50 to 75% less than buying new, plus last and last as the rubber is vulcanized to the substrate. Abrasiplate’s rubber-faced plate lasts 10-times longer than unprotected metals. Tuff-Tube spout lining system allows steel spouts to remain in-tact season after season. Contact us today to how any one of these solutions can positively impact your bottom line in 2020.