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The cost of raw material & tools are the major components of the
total cost of the production of the stamp piece. The cost of any raw
material alone may account to about 50% to 90% of the total cost. While
applying the various cost reduction techniques on the other cost, all
possible methods & devices should be employed to reduce the cost o0f
material & cost of tooling. A substantial saving in the raw material can be
achieved by having well considered blank layout & coordinating it with the
selection of the stock material & its width to minimize scrap production.
Control of the raw material required for the component production should
be critically examined.