Field received a request from a prospective customer that provides components to the automotive industry. The request was for two high volume components that are utilized to fasten several components in a passenger vehicle. The requested design was a high cost / proprietary design.
The fastener needed to be driven into plastic along with being universal across several platforms. Field proposed two alternatives for the customer to review. Field had a goal to investigate standard product that is readily available from a supply standpoint that was not proprietary.
Field provided two alternatives for the customer to review. Field provided a test plan to the customer that provided a benchmark of the current design’s performance along with the two alternative design. Field then provided all the results of the extensive test reports to the prospective customer.
After reviewing the results of Field’s testing and passing of the customer’s life cycle testing, the part was implemented. The alternative design provided savings of $375,976 annually to the customer over the previous design.
Total Cost Savings: $375,976