While a low price may seem appealing on the surface, it doesn’t always point to the best value. Actually, it’s often quite the opposite. There is a reason that, in this world of disposable goods, customers still choose trusted, name brands.
Instead, it’s important to focus on the total cost of ownership. This means all of the expenses involved—from the initial production of a component to maintenance, repairs, and replacements.
Universal Metal Products understands that total cost of ownership involves more than the initial cost; choosing quality components is a long-term investment. If manufactured properly from the start, quality components can last significantly longer than cheaper alternatives.
Beyond Piece Price
When manufacturers consider the cost of metal stamped components, they sometimes only consider their individual purchase prices. In reality, there are multiple factors that affect the overall costs, which include tooling and production expenses, material waste and scrap, quality assurance, supply chain delays, and more. All of these issues can become expensive over the long term—especially when high-volume parts production is involved.
Value Engineering Reduces Costs
Value engineering isn’t about saving a few bucks here and there to push out components—it’s about designing and manufacturing components that are built to last. This comes down to several factors that include:
- Choosing the right materials to best balance strength, cost, and durability.
- Optimizing designs to help reduce manufacturing complexity.
- Developing efficient tooling that allows for more repeatable and consistent production.
- Lowering the number of steps involved in the production process, in turn minimizing expenses.
Our team collaborates with clients during the design phase to help prevent expenses down the line.
Long-Term Value Over “Lower” Costs
There’s an amazing quote that shows how timeless the concept of long-term value over quick cost savings is:
“The bitterness of poor quality remains long after the sweetness of low price is forgotten.” Benjamin Franklin
At Universal Metal Products, we focus on long-term value. While this may show up initially as a larger investment, the value created long-term can far outweigh any initial costs. We build metal stamped components to last. Our clients receive quality, dependable, long-lasting components designed and manufactured by top professionals in the field. When you choose UMP, you choose consistency, care, quality, and a commitment to meeting and exceeding the needs of our clients.
About UMP
Universal Metal Products is a female-owned company that helps with the creation of metal components for the automotive, appliance, and industrial industries. We are able to design a variety of custom and standard components for vehicles, HVAC units, refrigerators, electronics, sub pumps, and much more.
At UMP, we value equality. This is why we focus on creating a culture of inclusivity. We do this by offering equal pay for equal work and a dedication to providing a positive and harassment-free workplace environment.
UMP believes in a healthy work-life balance, and we understand it’s important for people to spend time with their loved ones. Because of this, we offer family-friendly policies and work shift hours. We always strive to create a healthy work environment for all of our employees.
UMP also believes in sustainability, and we have implemented eco-friendly policies to reduce our environmental impact.
If you are looking for metal stamping services or you are curious about open positions, contact us! We’d be happy to speak with you. We proudly work with female-led and operated companies and people of all backgrounds and ethnicities.
To learn more about our employment opportunities visit our Careers page today.
