This research aims to propose a novel approach for evaluating and minimizing scraps in an industrial production of premium food cans with distortion printing. Beyond conventional formability criteria, a waving requirement is introduced to ensure aesthetic quality of the printed graphics. The research focuses on real production conditions, specifically involving double-cold-reduced (DR) low-carbon steel sheets and chromium-coated tin-free steel with a thickness of 0.16 mm. The sheets are laminated on both sides with a plastic film prior to undergoing distortion printing on the exterior. Subsequently, a blank is subjected to a drawing-redrawing process to form a food can. To address challenges associated with characterizing these thin sheets, a material parameter identification method is proposed and demonstrated. The thickness profile and flange length are identified as key criteria for this identification process. Measurements of thickness distribution and flange length are obtained using digital image correlation (DIC) and microscopy techniques. Within the manufacturing system, uncertainties related to material properties and forming processes can result in scraps or defects. To analyze these processes, finite element analysis (FEA) is employed and validated through experiments. For the evaluation of scrap rates, uncertainty propagation is conducted using a metamodeling technique, specifically employing radial basis function (RBF) neural networks. The study concludes by offering process optimization recommendations aimed at reducing the scrap rate.