3 Ways Nearshoring Can Help Increase Profits
The goals on the floor of the plant remain unchanged. A successful manufacturer must deliver a quality product at a competitive price and still meet hard deadlines. The challenge for many small and medium-sized manufacturers is remaining a viable option against larger global companies. As companies seek to reduce supply chain risks to growth, they…Read More
Here’s How to Leverage Free Trade Agreements Between the US and Latin America
Supply chain disruptions due to COVID 19, the invasion of Ukraine, and geopolitical tensions between China and the United States (US) due to Taiwan have negatively affected companies’ profitability. In addition, tariffs imposed by the Trump administration on certain Chinese imports have affected profit margins. After a long period of relative calm, senior executives at…Read More
Pursuing Partnerships for a Smart Manufacturing Strategy
When you work in the manufacturing industry, having a manufacturing strategy is a key part of making the most of your work. This means having the best plan possible and enacting it in a way that maximizes yields and boosts revenue. This is where having the right partnerships is key. Learn more about how a…Read More
Supplier Diversity: The Importance of Creating Opportunities for Minority-Owned Businesses
Historically, minorities in the US and other parts of the western world have struggled to compete in competitive markets and industries. Today, around 18.7% of businesses in the US are minority-owned, which shows just how far the US has come in recent years when it comes to representing minorities in business. We’re Not There Yet…Read More
What Is Metrology and Why Is It So Important?
In the world of science and engineering, consistency is essential. This means consistency between parts, consistency between engineering methods, and most importantly, consistency of measurements. The scientific study of measurements and the uniformity of them is known as metrology and has long been a study of interest for scientists and engineers. Read on to learn…Read More
Why Manufacturing Businesses Should Stick to Suppliers Based in the Americas
In the tide of globalization taking place across the last few decades, many companies prefer to opt for suppliers from around the world. After all, developing a supply chain is a strong means of building your company overseas. However, doing so has significant risks, and there are many benefits to retaining a supply chain near…Read More
The Value of Additive Manufacturing in the Automotive Industry
Additive manufacturing is the process of making an object by building it one layer at a time. It is an alternative to subtractive manufacturing which creates objects by cutting pieces off of a solid block of material. The term covers many technologies – including 3D printing, fused deposition modeling (FDM), and selective laser sintering (SLS).…Read More
What Are the 3 Subfields of Metrology?
The Bureau of Weights and Measures defines metrology as “the science of measurement that embraces both theoretical and experimental determinations.” However, the discipline has transitioned over the years to incorporate practical applications. That is, metrology can now be used to develop and advance industry and national standards for quality control purposes. This means that manufacturers…Read More
What Are the Differences Between Nearshore, Offshore, and Onshore?
The COVID-19 pandemic has had a significant impact on US outsourcing decisions. Gartner CFO Survey found that approximately 74% of companies were planning to implement remote working conditions permanently after the pandemic – thereby increasing the potential for nearshoring and offshoring opportunities. Alternatively, COVID-19 also disrupted many supply chains in the US. This has led…Read More
6 Questions to Ask Yourself to Ensure You Have a High-Quality Product
Establishing your brand is no easy task, especially if the market is saturated or fiercely competitive. If you want to be a top brand in your given industry, it’s vital that you focus on maintaining high-quality products to strengthen your company’s reputation and ensure your core audience chooses your brand over the competition. At Servintec…Read More