The Thomas Blog

North American manufacturers reshoring
Trends

Reshoring Is Creating Opportunities For North American Manufacturers

Why are reshoring efforts accelerating?

With the ongoing COVID-19 pandemic and heightened global trade tensions, companies in North America are working to reshore and find more localized supplier partners to create resilient supply chains. For manufacturers, service companies, and distributors in the United States & Canada, this means there will be an increase in the number of opportunities that become available in the form of supplier evaluations from new buyers.

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how to become a private label manufacturer
Business Tips

How To Become A Private Label Manufacturer

We hear from our manufacturing customers that they want to break into a new industry or find a hidden market. But without finding out what the Total Available Market is, you could be going after something that’s not there. Luckily for those looking to tap into the private label industry, there’s an opportunity for growth. Demand from buyers seeking private label manufacturers has grown 45% on Thomasnet.com YoY/QoQ/MoM.

Suppose you’re planning on extending your services to private labeling and targeting industries that use private labels. How can you drive growth, through both new business and growth of existing customers?

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Expanding into new markets - customer map
Business Tips

How To Expand Your Manufacturing Business Into New Markets

American manufacturing is on the upswing. Hiring activity is  at historic highsreshoring is bringing production back to the U.S., and buyers are spending more on new suppliers than they have in recent years.

Business owners continue to be cautious with investments and costs, with good reason. Even as manufacturing and the economy as a whole make gains, the memory of tougher times looms. Fortunately, the digital marketing landscape today allows you to take substantial steps to grow your business and expand into new markets. 

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Trade shows canceled
Manufacturing and Industrial

Industrial Trade Show Canceled? You Can Still Generate Leads With Digital Marketing Efforts

As the cancellation of trade show events this year causes a ripple across industries, manufacturers and industrial companies who were planning on attending or exhibiting at the events are left with extra budget. Despite the cancellations, there are still opportunities for manufacturers to make meaningful business connections. With digital marketing, businesses can still push toward the lead generation and networking goals they made prior to cancellations. 

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risks of exporting manufactured goods
Business Tips

6 Risks Of Exporting Manufactured Goods — And How To Avoid Them

With the economic downturn, tariffs, and trade impacting the supply chain, a lot of the discussion has focused on the importing of goods and services. However, U.S. exporters must recognize the risks that may occur when attempting to seize the trade potential in foreign clients and customers. From leaving the port to cracking into a new market, the trade of manufactured goods faces both logistical and abstract challenges at every step along the way. 

Below are common challenges faced by companies who choose to export their products and their respective solutions.

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local sourcing map
Business Tips

Top 7 Benefits Of Local Sourcing

Consumer landscapes are continuing to change while businesses are adjusting for the new normal. Manufacturers and industrial companies across the world are working hard to maintain and strengthen their supply chains. Companies who preferred to source internationally to save on costs, are seeking other cost-effective solutions.

The growing reality is that procurement professionals would prefer to source locally. It's a strategy that has contributed to many manufacturers' business continuity during the COVID-19 pandemic when other business' supply chains were disrupted.

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textile manufacturer
Business Tips

How To Grow Your Textiles Manufacturing Company

It’s an active period of growth for some textile manufacturers, and despite the uncertain economic times, there’s a strong potential to continue growth momentum. Growing your business means different things to different people — it’s all about your goals. You may just be looking to increase orders or you may have a five-year plan to double your business and expand your facility. Whatever your growth goals are, here are ways textiles manufacturers can get more customers and stay ahead of the competition.

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COVID-19 Response Suppliers COVID-19 Response:
Can Your Company Help Provide Critical Supplies?

We are using the power of our platform to aid in the mass shortage of critical supplies. If your company can help provide supplies, capabilities, or materials for products such as N-95 Masks and Tyvek SuitsPlease let us know.

COVID-19 Response Suppliers