Mold and Die Parts are essential parts of a mold that assist in creating a precise and accurate final product. They include components such as Guide Posts, Guide Pillars, Guide Pins, Guide Bushes, Bushings, Ejector Pins, Mold Bases, Lifters and Alignment Dowels. These parts are responsible for creating the mold cavity, guiding and holding the mold halves, and ejecting the final product from the mold. The overall function of Mold Components is to ensure consistency and accuracy during the molding process, resulting in high-quality finished products that meet the required specifications.