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Sandvik Provides Cost Savings

Sandvik
For the village in the Faroe Islands please see Sandvík.


Sandvik is a Swedish company founded in 1862 by Göran Fredrik Göransson in Sandviken.
 Coromant measures its success by the amount of cost savings provided to customers. The company helps customers think smart, work smart, and earn smart by introducing innovative cutting tool technologies and creating programs that increase the expertise of machine operators. In 2007, Sandvik Coromant recorded over $70 million in documented savings to customers.

Sandvik Coromant also continues to share its theory of Manufacturing Economics, which shows that, when applied to the market as a whole, the optimization optimization

Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics.
 of tooling productivity holds the potential to save US manufacturers approximately $14.8 billion per year.

As the world's leading producer of tools for turning, milling, and drilling, Sandvik Coromant serves a diverse array of customers in the metalworking field, including the world's major automotive, aerospace, die and mold mold, name for certain multicellular organisms of the various classes of the kingdom Fungi, characteristically having bodies composed of a cottony mycelium. The colors of molds are caused by the spores, which are borne on the mycelium. , and general engineering industries.

Productivity Improvement Program (PIP)

The PIP was born out of the belief that today's manufacturer needs a full-fledged tooling partner rather than just a sup- plier. Sandvik Coromant Productivity Engineers help customers meet and exceed goals for increased productivity and cost savings by optimizing a shop's processes. Customers benefit from the latest technological innovations without dedicating an excessive amount of time to tracking developments within the industry.

Original Tooling Services (OTS See Office of Thrift Supervision. )

Sandvik Coromant's OTS (Original Tooling Services) program aids manufacturers in the selection and integration of new machining centers. A tooling expert is involved from the start of the process, and remains in place until the machine is installed and operational. By proactively planning every aspect of the integration, manufacturers are able to get the most out of their new machine from day one.

Contact: Sandvik Coromant USA, 1702 Nevins Rd., PO Box 428, Fair Lawn Fair Lawn, borough (1990 pop. 30,548), Bergen co., NE N.J., across the Passaic River from Paterson; inc. 1924. It is residential with light industries. , NJ 07410; Ph: 201794-5000; Toll Free: 800-SANDVIK; Fax: 201-7945165; e-mail: us.coromant@sandvik.com; Web: www.coromant.sandvik.com/us; or Circle 186.

© 2008 Society of Manufacturing Engineers The Society of Manufacturing Engineers [1] (SME) is dedicated to bringing people and information together to advance manufacturing knowledge. SME is internationally recognized by manufacturing practitioners, companies and other organizations as a source for information,  Provided by ProQuest LLC (Logical Link Control) See "LANs" under data link protocol.

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Copyright 2008 Manufacturing Engineering
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Article Details
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Author:Anonymous
Publication:Manufacturing Engineering
Date:Dec 1, 2008
Words:305
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