Mitigate Supply Chain Issues. Go Central.
It can be the scorn of businesses great or small. The sheer mention of the word ‘supply chain issues’ can make the hairs on the back of your neck stand up!
With the global economy changing rapidly over recent years and the last few decades seeing the prevalence of offshoring to further and further distant parts of the world dominating the playbook, that trend appears to have bucked. Becoming a less viable option since the days of Covid locking down worldwide trade, the reshoring of manufacturing work looks set to continue - and with good reason.
Reshoring or near-shoring is the practice of transferring a business operation that was moved overseas back to the country from which it was originally relocated. This homeward-bound action can offer a number of advantages including cost reduction opportunities, increased stability in labor costs, and lower freight charges
In the industry of plastics, having a supplier such as European-based NS KUNSTSTOFFTECHNIK - CZ can have a host of logistical, quality, and reliability benefits. Sitting at the crossroads of the EU, perched where traditionally Eastern and Western Europe meet, this outstanding geographical positioning gives the opportunity to source and supply goods quickly and easily, while mitigating freight issues via the readily available options of road, rail, and multiple airports on the doorstep.
Being located geographically closer to both suppliers and customers also means reduced carriage costs, faster lead times, and reduced carbon footprint, it also offers better flexibility for production quantities and modifications as the onus to send huge quantities in one shipment is removed. Tie this in to the fact that quality controls and monitoring within the EU are amongst the most stringent in the world, and the risk of product issues also reduces.
We’re at a moment in history where the world is closer than ever before. The digital age has meant instant gratification in many areas, but in the world of manufacturing quality components for the auto industry are concerned, sometimes looking a little closer to home is the way forward.
Speak to the team at NSK today to learn more!