Have you started rethinking your supply chain strategies, including onshoring your plastic molding? Onshoring or bringing production back to the US offers businesses significant advantages, especially in industries like plastic molding. For many companies, this is emerging as a necessary approach going forward.
A strong case can be made for manufacturing closer to home with the upcoming changes that could significantly increase the cost to bring finished goods back into the U.S. Additionally, bringing production back to the U.S. allows for efficiency, quality, reliability, and shortened supply chain times. Below, we will explore the key reasons for producing parts in the U.S.
Reduced Lead Times and Enhanced Responsiveness
One of the most significant advantages of bringing your plastic molding back to the states is the ability to shorten the lead time. Overseas production often faces challenges that delay delivery and disrupt other production requirements. Common issues include:
- Slow production timelines
- Misunderstandings in design specifications
- Slow shipping
- Port congestion
- Extended shipping timelines
- Customs delays
- Changes in international law
If parts are needed quicker than normal, costs go way up to fly product in. In contrast, domestic manufacturers can respond more quickly and efficiently to:
- Increases in demand
- Design modifications
- Material adjustments
By manufacturing locally, you eliminate many of the risks associated with international production that have become increasingly prevalent in recent years. Plus, U.S. production allows you to adapt quickly to changes without incurring additional costs or delays.
Improved Quality ControlCompanies demand products that meet exact specifications and maintain consistent quality. Having easier access to the molding partner in the U.S. allows for greater control over quality. It also offers better transparency throughout the production process.
Additionally, working with a local molder allows for closer collaboration during the design and production phases, which reduces the chances of errors and increasing overall satisfaction with the end product.
Cost Stability
While overseas production is often associated with lower initial costs, hidden expenses, such as tariffs, international shipping fees, and currency fluctuations, can quickly add up. Manufacturing domestically eliminates many of these variable costs, giving you greater control over your budget.
With changes in global trade policies and tariffs on the horizon, onshoring provides a proactive solution to mitigate potential cost increases tied to international production.
Strengthened Supply Chain Reliability
There will always be a layer of uncertainty in your supply chain when relying on overseas manufacturers. Companies working with overseas molders must navigate geopolitical tensions or labor shortages in other countries which can disrupt operations. By choosing to produce locally, you reduce these risks and gain greater control over your supply chain.
Local manufacturing also enables you to work with a trusted partner who understands the nuances of your industry and can quickly adapt to a changing environment.
Looking Ahead
As the global manufacturing landscape evolves, onshoring plastic molding to the U.S. positions your business to stay competitive in a fast-changing market. Onshoring provides benefits such as reduced lead times, improved quality control, stable costs, and supply chain reliability. These benefits allow you to create a production strategy that’s both efficient and resilient.
In future posts, we’ll dive deeper into the advantages of onshoring, starting with the strategic value of onshoring mold making. Then, we will dive into the benefits of onshoring plastic molding. Finally, we’ll explore how having both molding and mold making under the same umbrella can amplify these benefits, offering streamlined processes, improved communication, and greater efficiency. Stay tuned for insights designed to help your business harness the full potential of local manufacturing in a rapidly evolving marketplace.