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As compared to standard stamping presses the tooling is usually inexpensive, due to the simplicity of the tools. A four-slide can usually produce 20,000 to 70,000 finished parts per 16-hour shift, depending on the number of operations per part; this speed usually results in a lower cost per part.
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The progressive stamping die is placed into a reciprocating stamping press. As the press moves up, the top die moves with it, which allows the material to feed. When the press moves down, the die closes and performs the stamping operation. With each stroke of the press, a completed part is removed from the die.
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A progressive tool differs from a stage tool in the following respect: in a progressive tool, the final component is obtained by progressing the sheet metal or strip in more than one stage. At each stage, the tool will progressively shape the component towards its final shape, with the final stage normally being cutting-off.