today's economy, companies are focusing more than ever on cost
reduction. Manufacturing analysis studies
indicate material cost reduction has a tremendous
effect on the bottom line. Industry experts agree a 10%
decrease in material spending has the same effect on profits
as a 20% increase in sales.
In manufacturing, material cost reduction is key to success.
Material requirements average 75% of Cost Of Goods Sold (COGS).
Velox develops customized solutions that save
up to 30% on material and burden costs making Velox the industry
leader in material solutions.