Four Good Reasons To Reshore Your Supply Chain
Reshoring your supply chain means you decrease your dependence on countries in other parts of the world. For example, if you’re building an automobile, you might assemble it in America, but if the bolts for the engine come from China, you’ll have to wait for them to ship across the Pacific Ocean. This could result in disruptions to your production schedule.
And, with production so far away, how could you ensure that the quality is up to par? If this isn’t enough reason to reshore your supply chain, here are four more:
Read More »How Procurement Managers Can Break Out of the “No Quote” Blues
“Not for us.” “Volume is too low.” “We can’t do that size.”
You’ve heard every excuse possible. No matter how hard you try, sometimes it feels like you will never find a custom manufacturing supplier that will even give you a quote, never mind actually produce the parts you need. In an economy that has folks pushing to maximize every opportunity, it seems very counter intuitive that we would see this many possible jobs get turned down, doesn’t it?
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11 Tips to Help Identify a Reliable Supplier
When starting your research to identify a new supplier, the knee jerk reaction is to look for the best price to lower cost. However, it is more important to look for the long term value of your partnership with this supplier.
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