Manufacturers have faced a wide range of supply chain issues as we emerge from the COVID-19 pandemic. Shortages of raw materials, port closures, and shipping delays are a few that have grabbed plenty of headlines. There is little doubt that weaknesses in our global supply chain have been exposed.
Global supply shortages are a dilemma that is all too real for many manufacturers today. While the COVID-19 pandemic is the undisputed root of the supply chain crisis, the fallout from changes in supply and demand have provided opportunities for some companies and a final death blow to others. Today’s supply chain challenges can be boiled down to these four causes:
Outsourcing parts production overseas may come with some labor cost savings, but the tradeoff in quality, project management and freight are often much more costly. When researching rubber molders around the globe, the considerations need to go beyond just flat cost per part.
To help customers find the best total project cost without sacrificing quality and service, Molded Dimensions offers its exclusive GlocalSource program. Molded Dimensions takes on all the responsibility for quality, logistics and inventory by using qualified partners with lower labor costs in Asia.
Our GlocalSource division provides rubber product from worldwide sources. These sources are visited and handpicked from dozens of factories by our GlocalSource team to meet the strict quality standards of Molded Dimensions, Inc.. This rubber product, from either China or India, is used by both domestic and worldwide customers. Those who receive our GlocalSource product expect, and deserve, the same level of quality received from the local Port Washington, WI location. Continue reading
GlocalSource is our unique service of providing rubber product from manufacturers around the globe, supported by Molded Dimensions, Inc.’s local, technical service and support. Companies benefit from our engineering knowledge, expertise, and program management, including design, logistics and communication. Continue reading