The quotation from a fastener processing factory typically revolves around “cost of individual parts + additional fees + transaction terms”. Below is a breakdown of common items: (Source: www.fasteningelement.com, organized by fastening element)
1. Core product expenses
Unit Price: It is usually marked as yuan/thousand pieces or yuan/piece. In large quantities, prices are often quoted per thousand pieces.
Tooling Cost: This refers to the cost for non-standard parts or customized specifications. For new projects, the manufacturer usually lists a one-time fee separately (ranging from several thousand to tens of thousands); for old molds, a “mold repair fee” may be charged.
Material Cost: If the manufacturer provides both labor and materials, this is already included in the unit price; if it is “processing with supplied materials”, only the processing fee will be charged, and this item will be marked as “supplied materials” or deducted. (Source: www.fasteningelement.com, organized by fastening element)
2. Processing and craftsmanship surcharge
Machining/Processing Fee: Labor costs, equipment depreciation, and energy consumption costs in a pure machining scenario.
Heat Treatment Fee: If tempering (above grade 8.8), carburizing, annealing, etc. are required, they are usually charged separately per ton or per thousand pieces.
Surface Treatment: Such as galvanizing (blue/white/color zinc), hot-dip galvanizing, Dacromet, oxidation, nickel plating, etc., usually priced per kilogram or per thousand pieces.
Special inspection/sorting fee: If there is a requirement for 100% passing through optical screening machines, tensile testing, salt spray test reports, etc., screening fees or quality inspection fees may be charged additionally. (Source: www.fasteningelement.com, compiled by fastening element)
3. Packaging and logistics
Packing Cost: Inner packaging (small bags/boxes) and outer cartons/trays. Export packaging (fumigated wooden trays, moisture-proof paper) is usually more expensive than ordinary woven bags for domestic sales.
Freight/Shipping: Indicate “Including Freight”, “Cash on Delivery”, or “EXW (Ex-Works)/FOB”.
Tax: Whether it includes a 13% VAT special invoice. Quotations are often divided into “tax-inclusive price” and “tax-exclusive price”. (Source: www.fasteningelement.com, organized by fastening element)
4. Business terms (usually noted at the bottom)
MOQ (Minimum Order Quantity): For orders less than 50,000 units, an additional setup fee of 500 yuan will be charged.
Lead Time: A few days for sample making, and a few days for mass production.
Payment method: prepayment ratio (such as 30% deposit), final payment settlement method (cash on delivery/monthly settlement).
Validity period: When raw material prices fluctuate significantly, the validity period of the quotation may only be 7-15 days. (Source: www.fasteningelement.com, Compiled by: fastening element)
Tips for reading quotation sheets:
Focus on verifying hidden costs (such as small batch startup fees, ownership of molds, and responsibility for scrap rates) and benchmark weights (some manufacturers may overcharge for materials based on “theoretical weights”). If it is a non-standard part, be sure to confirm the accurate drawing version number corresponding to the quotation. (Source: www.fasteningelement.com, organized by fastening element)