The Risks of Manufacturing in China
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 ...
Why Product Quality Makes or Breaks Businesses
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 ...
Why US Manufacturers Should Move Production Closer
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 ...
How to Mitigate Supply Chain Risks: New Sourcing Partners
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 ...
Why Supplier Quality Is More Important Than Price
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 ...
Supply Chain Constraints and How to Solve Them
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 ...
How Precise 3D Computer-Aided Design Drawings Increase Product Development
3D computer-aided design drawings are the standard for providing precise measurements and annotations. They allow product engineers to take their designs from paper to reality more quickly and accurately than ever before. This can save companies time and resources by ...
Why You Need Reliable Suppliers in a Labor Shortage
It’s a given that in order to have a successful business, you need reliable suppliers. In 2021, more than 47 million workers in the US quit their jobs, so what happens when there is a labor shortage? This article will ...
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 ...