Swim Left Products
  • Our Services
  • Case Studies
  • Our Process
  • Get A Quote

Biotech customer saved 62% on part costs

Biotech customer uses Swim Left Products to drastically reduce costs on complicated, tight-tolerance parts.

62%

savings on parts

Low-volume sweet spot

In the past, this customer’s low-volume, complex parts were cost prohibitive to order in small quantities. However, this customer profile is a great match for Swim Left’s model, which carefully controls operating parameters, making re-orders easy and efficient.

 

Swim Left reviewed the customer’s needs and quoted their average monthly spend across seven parts at $2,260 per month. With this quote, the biotech customer landed in Swim Left’s Tier 1 pricing, qualifying for fast 5-day lead times. After onboarding and customer approval, the parts were ready for true just-in-time production. This customer can now order a minimum of 5 parts at a time at a fixed, transparent cost.

Background

Prior to working with Swim Left Products, this biotech customer had difficulty finding a manufacturing partner who could produce their complex tight tolerance parts at a cost effective price. The assembly (shown above) consisted of a main body, three nose cones of varying sizes, and shroud parts that have an interference fit with features on the main body. The customer’s average inventory needs are 10 main bodies and 5-10 nose cones and shroud parts per month in each of the three sizes. To hit reasonable price points, the customer ordered from previous vendors in 25 to 45 unit quantities.

Significant savings

By simply charging a one-time NRE charge and preparing to run small volumes of parts on a monthly basis, Swim Left was able to offer effective pricing at 5- and 10-unit quantities. Over the first six months of working with Swim Left, this biotech customer was able to save 62% on part costs relative to their previous vendor. Swim Left breaks out initial design and fixturing costs as a simple one-time charge, instead of embedding setup into all pricing quotes, so a customer who requires small batches of parts each month stands to save significantly.

Biotech Case Study

Cost of Ordering One Month of Parts

Part (# units per month)

Swim Left Products

Other Vendor

Main Body (10)

$672

$1,757

Shroud 1 (10)

$355

$977

Cone 1 (10)

$413

$1,093

Shroud 2 (5)

$218

$570

Cone 2 (5)

$259

$651

Shroud 3 (5)

$173

$480

Cone 3 (5)

$171

$475

Total

$2,261

$6,002

Savings

$3,741; 62%

Automotive Case Study

Related Posts

SwimLeft_Automotive_CS

Case Study

Automotive Case Study

Swim Left Products

Connect With Us

sales@swimleftproducts.com

Featured Case Studies

  • Biotech Case Study
  • Automotive Case Study

Our Shop

At last, Swim Left Products gives you the ability to order complex CNC machined parts in low quantities at the actual cost of machining that part.