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Original Equipment Manufacturers (OEMs) are always looking for ways to reduce costs to be more competitive. Some of their strategies can be implemented by medium-size manufacturing companies. Who wouldn´t love to implement some of these cost cutting strategies to improve margins in their businesses? One of many strategies implemented by OEMs is known as Single-Source…

Iconic graphic designer Paul Rand once said, “design is so simple; that’s why it is so complicated.” There is great truth in these words. The complexity of the design process should never overshadow its significance. Design in manufacturing, at its core, is all about bringing solutions to people´s needs at a reasonable cost. When developing…

Outsourcing CAD modeling and design services is a great way to streamline product design workflows. It allows a company to focus on other essential tasks and minimize the number of resources consumed in product development. However, when outsourcing CAD services, it is important to understand the various stages and phases this involves. This guide covers…

Reverse engineering allows you to break down a product and determine how it works. More importantly, reverse engineering is a cost-effective way to develop new projects by incorporating components that are known to work. The absence of detailed information on the “old” components can often delay launching a new project or make it costly. That…

Did you know that the Chinese manufacturing industry is valued at well over $4.2 trillion? It’s no secret that China is the world’s largest manufacturing power, but not many people talk about the risks associated with choosing China, exclusively, as their sole source of manufacturing products. If you want to mitigate risk and provide the best products…

Are you wondering why many potential customers are awarding lucrative contracts to competitors despite your competitive pricing? You might want to review your product quality; this might be what your clients are looking for. The 2022 Deloitte holiday survey notes that American buyers will likely buy fewer products this year. The report cites the cause as reduced…

Iconic brands such as Apple, Nike, and Wal-Mart have moved the manufacturing of most of the products they sell overseas. These juggernaut companies have been able to provide United States (U.S.) consumers with affordable products by using China as their primary manufacturing hub. These companies are not alone. Many U.S. based manufacturing companies in a…

How to mitigate supply chain risks and securing new sourcing partners have become a priority for business executives. Globalization has created vast networks of cross-border commerce vulnerable to catastrophic disruptions. The global supply chain management market reached $16.64 billion in 2021. Despite the drop in 2020, according to market indicators, the size of this industry…

When it comes to selecting a good supplier, there are a variety of elements you need to consider. Among them, value for money, a.k.a. product quality, and the price of items, usually make up the critical factors most businesses evaluate before contracting a vendor. If your business is just getting off the ground, it can…

A supply chain enables an organization to move products and services from the raw materials stage through the various production stages, storage, distribution channels, and sale to the end-user. A constraint is any factor that limits or restricts a business’s ability to produce or do something. There are four key constraints in supply chain management:…