When it comes to managing supply chains, the focus is often on price. However, price is not the same as cost. In fact, the hidden costs of a product are where much of the non-value add in your metal fabrication purchases often hides. With that in mind, here are four reasons why your cost is more than just price.
When it comes to process improvement, there is no shortage of methodologies. However, one thing that is rarely discussed is what to do when those efforts fall short - even though you’ve probably seen this happen quite a few times in the past, as most improvement efforts can fail to meet their targets.
For some companies, managing their OEM supply chain is akin to herding cats. It doesn’t matter if you're making a high-volume, low-cost product or a highly-customized, project-based manufacturing ecosystem; the challenges of keeping everything running smoothly can often be too much for even the best supply chain manager.
Why does this happen? In most cases, it is because the organization doesn’t value the strategic importance of their supplier partners. However, it does not need to be this way if you can take back control of your supply chain.
While tax reform was good news for CEOs, it turns out the that pressure never lets up for supply chain managers. That’s right, you still need to look for ways to improve on-time delivery, inventory management, and reduce costs.
Supply Chain Management is chock full of buzzwords. Elastic, enterprise mobility, cost to serve, and nearshoring are examples of the rush to embrace ‘silver bullet’ solutions for everything that keeps managers up at night. While there is always an element of truth to these buzzwords, the reality is that many of these phrases oversimplify the evolution of manufacturing.
No matter which coating technology you choose, preparation is the key to quality metal coating. To ensure a flawless finish, your fabrication partner must thoroughly clean each part using advanced pretreatment methods.
Powder coating and liquid coating are the two most common finishing processes for OEM parts, and a strategic fabrication partner can help you make the best choice.
Read on to learn how to decide which metal coating process is right for your parts.
Construction equipment manufacturers, just as Original Equipment Manufacturers (OEMs) in other industries, can be susceptible to the structure of their supply chain network. Both complex and simple supply chains, across large and small OEMs, can be negatively impacted without the right plan in place.
In the recent webinar, “Maximizing the Inventory Capabilities of Your Contract Metals Manufacturer,” nearly half of all attendees confirmed the use of inventory services provided by their welding supplier or fabricating partner. But how do you know that you’re receiving the full value of these services for your OEM business?
OEMs in heavy industry, including construction, agriculture, oil and gas, mining and material handling, can stand to gain much more from their custom metal fabrication partners than just the delivery of high-quality, metal fabricated products.