Low-Volume, Highly Flexible Production
Low-volume manufacturing refers to the production of a relatively small quantity of products, typically below the threshold required for mass production techniques. This approach is often employed when there is a special high-end demand for a particular product, the product is highly specialized, or during the initial phases of its product development. Low-volume manufacturing allows for more flexibility in production, making it cost-effective for niche markets, custom products, or prototypes.
Prefix utilizes many traditional manufacturing processes like CNC machining in low-volume and contract manufacturing, but with adjustments to accommodate the smaller production runs. Particularly common industry examples include aerospace, automotive customization, and certain segments of special parts and components. While low-volume manufacturing may not achieve the economies of scale associated with mass production, it offers instead distinct advantages in terms of flexibility, customization, and responsiveness to market demands.