Time is money. Benjamin Franklin used the quote in an essay in 1748 to emphasize that time is a valuable and limited resource for organizations. It can also be considered as an explanation for opportunity cost. Today, no industry lives and breathes more by this saying than the automotive industry.
Increased demands on automotive suppliers
Car manufacturers pass tough improvement targets on to their suppliers of parts and components. Better design of logistics chains, higher productivity in production, lower labor cost are only a few examples of adjustments that are demanded of suppliers.
Furthermore, the economic value of existing hardware parts and systems continuously decreases in the eyes of the markets. This places additional pressure on automotive suppliers to enhance operational efficiency and thus, reduce costs.
In the development of automotive components, made of thermoplastic materials, the integration of functionality along with the design of less expensive parts that simultaneously meet the OEM’s quality requirements are currently the determining factors for the success of suppliers in the automotive industry.
Where time comes into play
Striving to meet constantly changing demands is often accompanied by new assessments of thermoplastic materials. The objective is the development of a part that ideally uses a less expensive material, while simultaneously maintaining the required quality for its particular application.
These evaluations take time and slow down the development process. Therefore, it is crucial to be able to assess and evaluate materials for specific applications as fast as possible. Simultaneously, the applied analytical methods need to be easy to use and deliver meaningful results with the first measurement.
Balance your cost, material, quality and production process
Differential scanning calorimetry (DSC) and thermogravimetric analysis (TGA) allow a time efficient identification of relevant properties like melting and glass transition temperatures, fiber contents and degree of crystallinity. By incorporating the thermoanalytical methods into material selection processes, you are able to choose the most appropriate material for your production process to deliver high quality and cost-effective parts and components to the automotive industry.