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.

+

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.

+

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.

+

    Subscribe to Email Updates:

    Stay Connected:

    Posts by Category