Elasto Proxy's Sealing Solutions Blog Blog

Elasto Proxy's Sealing Solutions Blog

Elasto Proxy's Sealing Solutions Blog is the place for conversation and discussion about the design and manufacturing of rubber and plastic parts and products. In addition to regular content from Elasto Proxy, you'll hear from companies across the rubber and plastics industry.

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Manufacturing Costs for Rubber Seals and Gaskets

Posted November 16, 2019 11:31 AM by Doug Sharpe

What are your manufacturing costs for rubber seals and gaskets? Buying rubber materials and fabricating them in-house may seem cost-effective, but are you sure you’re really saving money? For that matter, are you sacrificing quality, consistency and customer satisfaction for a cost savings that might not exist?

Manufacturers can know their true costs by analyzing the full scope of their production operations. There are three major categories of cost to consider:

  • direct labor
  • direct materials
  • manufacturing overhead costs

If any of these manufacturing costs are incorrect, your financial statements may under-report inventory value and the cost of goods sold. Let’s take a closer look at what you need to consider.

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