SUPPLY CHAIN MANAGEMENT: Strategies for Small to Mid-Sized Manufacturers

Posted by Joshua Falco on Apr 28, 2023 10:29:17 AM

Supply chain is one of the most important aspects of the manufacturing industry. In order for the manufacturing process to actually begin, companies need the necessary materials to make the desired product. What exactly is supply chain? Supply chain consists of the sequence of different processes involved in the production and distribution of a product, good, or other commodities.
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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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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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