A recent article in New Jersey Business addresses the challenges we’re facing from years of offshoring. “With price increases overseas, and the pandemic wreaking havoc on the supply chain, businesses may begin weighing their lower savings from offshoring against its common challenges such as longer shipping times, the potential for a lower quality of product, and concerns about protecting intellectual property rights.”
Going overseas for parts has been a practice for decades, however, manufacturers who focus on consistently improving quality and timely delivery found issues with this practice. Aerospace represents one sector where quality and precise work that can withstand extreme conditions are essential for parts ordered. In reality, imperfections and shipping lag times have always been problems with the practice of offshoring. Cutting corners or accepting lower quality parts isn’t an option in many markets including defense and aerospace, where safety is critical.
Reshoring may seem like a trend in response to the pandemic, however, supply chain hold-ups don’t seem to be going anywhere. That said, the need for reliabiliy and consistent product quality will continue to be required long after the ports are back to normal operations. While offshoring may seem like the most cost-effective method, this temptation won’t withstand the crisis. The pandemic opened our eyes to the disastrous stalemate possible without a local supply chain back-up.
From microchips to turbines, these technologies can be manufactured in America. Nearshoring means quality jobs, easier access to products and even increased national security. It means that high demands can be met, production delays fall, and reliability is assured. Be part of the reshoring movement. The ability to provide precise parts, on-time delivery and good customer service can put your company heads above the rest.
“Ultimately, in an environment with so much uncertainty, limiting potential hiccups to one’s supply chain and maintaining as much control as possible is vital.” New Jersey Business states. Their view on reshoring efforts stands with the cost-effective, quality, and timely solution manufacturers have been needing all along.
Are you ready to gear up for the nearshoring surge? Can you meet the increasing needs of customers? Can you react to these changes? Web Savvy Marketers and can work with you to ensure your business is able to respond. Contact Us for more details.