What Is Precision Manufacturing? - Setco (2025)

Dec. 6 2023 | Mike Donley

What Is Precision Manufacturing? - Setco (1)

Our guide to precision manufacturing will take you through what it is, how it works, and why it matters in any industry that strives to elevate quality, work quickly, and cut costs.

Precision Manufacturing: What Is It?

Precision manufacturing involves creatinghighly accurate and workable componentsfrom designs. It requires using toolslike computer numerical controlmachines to remove areas from a piece of material until you have made a complete shape.

Accuracy is becoming more critical as parts become smaller. Precision engineering focuses on component design, while precision manufacturing is about the creation. CNC machines can cut pieces to precise specifications, small and accurate parts with tight tolerances — or little room for error.

Precision manufacturing has significant benefits in a world where users need accurate, high-quality products quickly and on budget. Manufacturers have evolved their processes over the years, and the addition of innovative technology that integrates machines with advanced computer programming allows them to respond rapidly to the evolving market.

The Core Principles of Precision Manufacturing

Precision manufacturing arose from the need to create components that work effectively and withstand the rigors of everyday life. The most notable difference between typical manufacturing and precision manufacturing is that the latter focuses on high tolerances. It produces components with greater accuracy, fewer defects, and high repeatability — the ability to perform repetitive tasks without deviation.

In addition, precision manufacturing applies lean principles, implementing efficiency, and waste management throughout the manufacturing process. Producing precision parts results in excess material, as the process requires removing pieces until only the final product remains. CNC machines reduce human error and, therefore, unnecessary waste. Precision manufacturers are always looking for ways to decrease scrap further, allowing the customer to benefit from cost savings on bulk orders.

Continuous improvement is another core principle of precision manufacturing, and constant technology advancements regularly enhance the process. Many precision manufacturers adopt a culture of continual improvement and commit to looking for methods to make the process faster, cheaper and more reliable.

What Is Precision Manufacturing? - Setco (2)

Methods of Precision Machining

Precision machining is a high-velocity process used in precision manufacturing. It relies on machine tools controlled by computer software for producing components.

CNC machining starts with engineers or designers who use computer-aided design software. They translate their designs onto a computer-aided manufacturing file, instructing the CNC machines about the tools and processes. CNC machining is a broad term that can include milling, drilling, boring, tapping and turning.

Depending on the application and requirements, several precision machining methods are available.

  • CNC milling:Rotary cutters remove material from a workpiece in this subtractive process. Users can change the tool, direction, pressure, cutting speed, and angle to create different components.
  • Multi-axis CNC machining:Many CNC machining tools have multi-axis capabilities, which means they can perform several processes simultaneously. This innovation saves time in machine setup and component creation.
  • Swiss machining:This type of CNC machine creates parts by bringing stock to the tool, while typical CNC machines do it the opposite way. They are highly accurate and often run unattended for prolonged periods, reducing labor costs.
  • CNC turning:In this method, the workpiece rotates on a central axis, while a single-point cutting tool moves linearly to remove material.
  • Precision grinding:Precision grinders perform one of the final steps in the manufacturing process. Abrasive grinders create a flat surface on components with a smooth finish and produce close-tolerance finishes by removing any excess material.
  • Electrical discharge machining:This precision machining method uses sparks to shape metals. It brings the tool and the workpiece close together to create an electrical arc. This process raises the electrode’s temperature and melts the metal. Often, EDM is an ideal choice for hard metals, which can be challenging to shape with other CNC machines.
  • CNC laser machining:As the name suggests, this method uses a high-frequency laser beam to engrave or slice workpieces. While EDM only works on metal components that conduct electricity, laser machining is suitable for metals and non-metals.

Precision Manufacturing Industries and Applications

Precision manufacturing is essential for many industries and applications due to its tight tolerances, repeatability, and capacity. It has many applications in tooling and creating finished products, but some of the most common include the following.

  • Prototyping: Many industries require accurate reproductions of a design. Precision manufacturing is ideal for creating detailed and precise prototypes of many designs.
  • Automotive: Automotive applications require intricate components for engines, chassis, and more. Precision manufacturing makes many of these parts.
  • Medical: Technology has changed the face of the medical industry, and advanced machines can even perform surgeries. Medical components require micro-level detail, made possible by precision manufacturing.
  • Aerospace: Aerospace applications need the most advanced and reliable equipment and machining tools, suitable for rugged and durable materials. Precision manufacturing can create the quality of components required for aerospace performance and safety.
  • Defense: Similar to the aerospace industry, defense requires components that maintain reliability in even the most challenging conditions. Precision manufacturing has applications across the defense industry, from developing prototypes to full-scale pieces.
  • Electronics: Precision manufacturing enables the miniaturization of complex electrical components used in many consumer electronics applications, such as computers and cell phones.

The Future of Precision Manufacturing

Precision manufacturing continues to aim to enhance the accuracy, quality, speed, and cost of creating intricate parts. Technology has already changed the face of manufacturing, and we can look forward to more exciting innovations in the future. The Industrial Internet of Things could result in real-time monitoring of operating conditions by embedding sensors. Adding multiple axes to CNC machines will make them more flexible, increase accuracy, and boost manufacturing speeds.

In addition, sustainability continues to be a primary concern across industries due to the consumer demand for renewable resources and carbon footprint reductions. Precision manufacturing processes must evolve to reduce carbon emissions and leverage renewable sources to align with this global need.

In short, the future is bright for precision manufacturing. It has always been a flexible and innovative process, and this trend is likely to continue.

Stay Ahead of the Curve With Setco

Precision manufacturing relies on quality tools to achieve accurate and reliable components. Setco has been in business since 1912, and we specialize in rebuilding, manufacturing, and repairing spindles, milling heads, and other components to provide reliable and efficient precision parts across industries. At Setco, we pride ourselves on helping you achieve the speed, quality, and flexibility you need to stay ahead of the curve in a competitive field.

Our expertise, experience, andglobal resources make us the world’s largest independent spindle rebuilder. We have the tools, knowledge, and state-of-the-art equipment to deliver precision parts fast, on budget and to your specifications. Learn more about ourprecision parts manufacturing and sourcing capabilities, orcontact us today to learn more.

What Is Precision Manufacturing? - Setco (2025)

FAQs

What Is Precision Manufacturing? - Setco? ›

Precision manufacturing relies on quality tools to achieve accurate and reliable components. Setco

Setco
It is the official repair center for Setco, Koyo, Pope and Whitnon spindles. We specialize in the repair of Kessler, Gamfior, and Weiss spindles. This facility includes a dedicated area for disassembly, a world class assembly room for spindles, and multiple test stands for run off.
https://www.setco.com › locations › cincinnati-oh
has been in business since 1912, and we specialize in rebuilding, manufacturing, and repairing spindles, milling heads, and other components to provide reliable and efficient precision parts across industries.

What is the meaning of precision manufacturing? ›

Precision manufacturing is what happens when a design is developed that requires highly accurate components and is made into a workable part. There are many industries that have very precise tolerance that has to be exact. When it comes to parts for the aerospace industry, for example, this precision can save lives.

What is precision tool manufacturing? ›

When discussing 'precision' tooling, we're referring to the process of creating tools to achieve very specific tolerances. Precision tools are essential for many industries, such as aerospace and medical device manufacturing, where parts must meet tight specifications in order to function as required.

What is the process of precision manufacturing? ›

Precision manufacturing processes are defined here as those for which there is a very small amount of material removed (per cutting edge, for example) and for which the surface or feature created can be characterized by stringent tolerances on form, dimension or surface characteristics.

What does precision machine do? ›

Precision machining relies on the use of advanced, computerized machine tools to achieve demanding tolerances and create complex geometric cuts with a high degree of repeatability and accuracy. This can be achieved through the use of automated computer numerical control (CNC) machine tools.

What are the three types of precision? ›

Precision can assert itself in three different ways:
  • Arithmetic precision - number of significant digits for a value.
  • Stochastic precision - probability distribution of possible values.
  • Granularity - grouping or level of aggregation of values.
Mar 5, 2020

What are the principles of precision manufacturing? ›

In addition, precision manufacturing applies lean principles, implementing efficiency, and waste management throughout the manufacturing process. Producing precision parts results in excess material, as the process requires removing pieces until only the final product remains.

How accurate is precision machining? ›

Precision indicates the close agreement of variation present in the dimensions of machined parts with one another. Conversely, machining accuracy refers to the proximity of manufactured parts' measurements to the standard specifications.

What is the difference between CNC machining and precision machining? ›

The main difference between standard and precision CNC machining is accuracy. CNC precision machining equipment can run the same set of instructions to achieve tight precision and consistency across batches. This repeatability helps to ensure the production of identical parts in large volumes.

What are the basics of precision machining? ›

It involves a combination of several or all of the turning, milling, drilling, gear cutting, honing, grinding processes, and other steps. Heat treatment, a special process, such as carburizing, quenching, tempering, may be deployed during precision machining for special needs.

What is the difference between accuracy and precision in manufacturing? ›

Accuracy and precision are both ways to measure results. Accuracy measures how close results are to the true or known value. Precision, on the other hand, measures how close results are to one another.

Why is precision important in manufacturing? ›

Accurate measurements help in controlling the amount of material used by ensuring each part is cut or machined precisely according to specifications, reducing waste. Additionally, less time spent on fixing errors means lower labor costs and faster time-to-market for products.

What is the precision machine process? ›

Precision machining is the process of cutting and shaping metals into pieces with very precise dimensions. The most common materials used for precision machining are steel, aluminum, brass, and titanium.

What are the competitive drivers for precision machining? ›

What are Demand Drivers for Precision Machine? Technological developments like adoption of human machine interaction and robotics are driving the market. The real time connectivity requirements are increasing smart factories trend which uses cloud based operations.

What does CNC mean? ›

Computer numerical control (CNC) is a manufacturing method that automates the control, movement and precision of machine tools through the use of preprogrammed computer software, which is embedded inside the tools. CNC is commonly used in manufacturing for machining metal and plastic parts.

What is the simple definition of precision? ›

1. : the quality or state of being precise : exactness. 2. a. : the degree of refinement with which an operation is performed or a measurement stated compare accuracy sense 2b.

What is a good example of precision? ›

Precision refers to the closeness of two or more measurements to each other. Using the example above, if you weigh a given substance five times, and get 3.2 kg each time, then your measurement is very precise.

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