Sheet Metal vs Stamped Part

What is the difference between a sheet metal part and a stamped metal part?
Stamped metal parts are typically made from coil stock and processed in a stamping die that is set up in a punch press.
This process is suitable for larger quantity with improved precision.
The cost for stamping tooling is higher but offset by lower part cost.

Sheet metal Parts as the name implies are typically cut from flat sheet stock.
The parts are cut from the sheet by using punching, laser, plasma or water jet cutting. After the cutting each part and each bend is individually processed on a brake press.
This approach is more suitable for lower quantities.
The tooling cost is lower but the part price is higher due to the slower process and manual handling.
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