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Nikola: Unlock Cost Efficiency: Mastering Plastic Molding Cost Strategies
In this video interview, Rich Morabito, Senior Cost Engineer at Nikola, American manufacturer of heavy-duty commercial battery-electric vehicles, shares insights about how he saved his company from hiring 8 additional cost engineers by using aPriori.
Focused on injection molding tooling, Morabito discusses how utilizing aPriori’s software allowed him to identify substantial cost-saving opportunities, particularly in sourcing plastic molding for vehicle components. By leveraging the software's line-by-line analysis, Morabito and his team effectively negotiated with tool shops, achieving significant savings and demonstrating the software's immediate return on investment.
#digitaltwin #costoptimization #costsavings