Facts You Should Know
Companies are always seeking to save money and establish an advantage over their competitors. For years, one option has been to outsource manufacturing duties to overseas suppliers. Lower employee wages and reduced overhead allow many foreign providers to quote much lower initial prices. So why does the market share for injection molding in US facilities continue to grow? The answer is the true cost of ordering parts from overseas. When choosing a plastic parts supplier, there’s much more to calculating prices than simply comparing bids. Here are just a few of the factors that must be carefully considered.
The most obvious difference when utilizing offshore suppliers are the inherent language barriers. Clear and continued communication are vital to every part of the order process and ultimate services expected. A simple misunderstanding can result in significant costs, not to mention the additional fees required to pay reliable translators for each and every business transaction. Working with different measurement standards, inaccurate translations or basic inequalities in the way business is handled, can all affect your bottom line. Forming partnerships with local companies means you begin the process from, literal, common ground.
Logistics are a primary concern in any manufacturing scenario, but are doubly important when considering international suppliers. Here are just a few of the factors to take into account: