Supply Chain Risk Management for Small Manufacturing Businesses

Posted by IMEC on Dec 17, 2021 3:10:10 PM

Global supply chain disruptions pose unique, unprecedented problems and opportunities for small manufacturers.

The problems are bigger for small manufacturers than large companies and the worst case is production disruption. At the very least, increasing costs lead to compressed margins or even outright losses; yet opportunities abound. Disruptions make small U.S manufacturers more valuable to big companies that are pivoting to domestic sourcing.

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How Supplier Scouting Could Lead Manufacturers to Reshoring

Posted by IMEC on Nov 22, 2021 2:19:33 PM

This article first appeared on the NIST Manufacturing Innovation Blog and is written by Samm Webb, Project and Resource Coordinator with the NIST MEP Extension Services Division.  

The persisting crisis in the global supply chain has disrupted many small and medium-sized manufacturers (SMMs) and put a premium on problem solving and short-term solutions for getting parts and supplies. While there are no easy answers to untangling these global supply chain challenges, the dynamic has created opportunity and momentum for supplier scouting. It is possible to see how the focus on supply chain management strategies and total cost of ownership will lead to more reshoring of manufacturing.

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Supply Chain Management: Taking Action to Navigate Uncertainty and Reduce Operational Risks

Posted by IMEC on Nov 3, 2021 12:11:27 PM

This is an original article written by Scott Schein, Director of National Network Programs at GENEDGE, part of the MEP National Network.

The pandemic revealed potential vendor-based weaknesses for many small and medium-sized manufacturers (SMMs). Late deliveries have increased, materials have become scarce, quality is less reliable, and prices have ticked upward. These issues and general upheaval in global supply chains make supply chain management an urgent focus for many SMMs.

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Disruptive Innovations in 2020 to Manufacturing Trends in 2021

Posted by Jim Hancock on Apr 7, 2021 8:21:51 AM

Say what you want about 2020, but it forced each of us to push our personal and professional boundaries of accepting change and quickly adapting to our new reality. One of the greatest lessons we should take away from this year is that we are capable of accelerated change when forced to do so. We now know that we are capable of rapid change and it will be the norm in our professional lives moving forward. We now must embrace change more quickly than ever. With industry 4.0 and the Industrial Internet of Things (iIOT) on our doorstep, we have the opportunity to make the greatest leap forward in manufacturing in 2021 that we have seen in 50 years.

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The New Supply Chain: The Return

Posted by IMEC on Feb 25, 2021 2:00:18 PM

Part 8 of "The New Supply Chain" blog series by Mike Loquercio, Vice President of Supply Chain at Greenleaf Foods.

Like many of you, we see hope on the horizon with vaccines, schools moving back to in-person learning, restaurants beginning to see a path to success, and all the other “return to normal” practices! We can all envision getting back to the “blueprint” for 2021 – or should we?

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Reshoring: What Manufacturers Should Know

Posted by Jordyn Shawhan on Nov 2, 2020 8:13:00 AM

There is a lot of conversation right now about reshoring, but not about its relevance to small and medium-sized manufacturing firms. The basic premise of reshoring is easy to understand – bring jobs back to America by encouraging companies currently offshoring to “reshore” and purchase labor or materials from a U.S. firm. This in turn benefits the local economy and stabilizes the buyers’ supply chain by not relying on overseas partners.

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IMEC Launches Premier Domestic Manufacturing Program to Boost Import Substitution

Posted by IMEC on Aug 20, 2020 1:00:00 PM

Reshoring and keeping strong domestic supply chains are an even greater imperative based on what we have learned in the COVID crisis. One way to address reshoring is to focus on imported items. That's why IMEC is partnering with the Reshoring Initiative to provide a fully-funded opportunity for small and mid-sized manufacturers (SMMs) to play a vital role in import substitution for the components they can supply right here in Illinois.

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Infographic: The Defense Manufacturing Supply Chain

Posted by IMEC on Jul 14, 2020 12:26:40 PM

The defense manufacturing supply chain is critical to both the U.S. economy and national security. Support is needed for emerging technologies such as directed-energy weapons, hypersonics and cybersecurity, all of which are vital to national defense. While challenges exist, there have been remarkable successes due to the MEP National Network’sTM dedication to assist small and medium-sized manufacturers across the U.S. and in Puerto Rico. Manufacturers assisted have included those that supply a material, component or subsytem used in a defense or national security system. The Network continues to provide support in building a robust defense supply chain.

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The New Supply Chain: Back in the Game

Posted by IMEC on Jul 10, 2020 11:59:40 AM

Part 7 of "The New Supply Chain" blog series by Mike Loquercio, Vice President of Supply Chain at Greenleaf Foods.

Whether your industry is “back in the game” or not, we have seen several starts and stops across the overall playing field, especially the food and beverage markets given COVID19 impacts; your supply chain is different!

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The New Supply Chain: Spring Training

Posted by IMEC on Jun 12, 2020 9:50:41 AM

Part 6 of "The New Supply Chain" blog series by Mike Loquercio, Vice President of Supply Chain at Greenleaf Foods.

We are starting to see some signs of the economy opening up and supply chains getting some “swings in the cage” before the full season begins.  In many industries, COVID19 demand has stretched the supply chain beyond any reasonable expectations and yet we have found creative ways to make it work.  In other industries, we have been operating with diminished needs and looking for ways to repurpose and pivot to support the health care industry.

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