How to Boost American Manufacturing
Keeping the manufacturing of goods within one’s own borders has a variety of economic benefits. Clients, for example, can get goods more quickly and at a better price when shipping costs are out of the equation. It’s also a great way to boost local, small-town economies.
That being said, it’s hard for many commercial machining and industrial fabrication companies to bring these benefits to their clients, as much as they may want to; it’s sometimes cheaper, for example, to get work done overseas, and massively shifting the way a company does business isn’t easy.
BSM North America is here to help. We’re strong supporters of near-sourcing in manufacturing – just check out our blog, “Manufacturing Trends: The Rise of Localized Manufacturing and Near-Sourcing.”
Now, we’ve got a few tips on how to shift your approach to be more close to home!
Take It Step by Step
Whether you produce custom steering columns or something else entirely, no doubt your business is firmly entrenched in its approach to getting things done as a whole.
Supply chains take time to form and can often get complicated. Trying to change them all at once is stressful, chaotic, and a major headache.
Instead, take the process of “Americanizing” your approach a step at a time. This will allow you the time to make smart decisions and reduce the potential for a disruption in day-to-day operations.
Embrace Technology
“The US manufacturing sector needs an injection of productivity,” says McKinsey & Company, a management consulting company, “and companies cannot capture the demand opportunities… unless they step up their game. New technologies will play a large role in determining whether they can compete.”
Doing your work within your own country’s walls comes with the necessary sacrificing of some opportunities. Adopting new technology within your business, though, can give it the edge it needs to continue to shine.
Build New Relationships to Build Business
Just because you’re bringing things closer to home doesn’t mean old best practices go out the window.
Relationships with comparatively local companies who you do business with are as important as they always were, though now you may be building new ones from scratch.
A good place to start: your shared desire to do more of your work in the country!
BSM North America: Your Source for Off-Road Steering Columns and More
If you’re in the market for a unique steering solution, we can create an entirely custom column that optimizes the functioning of your off-highway vehicle. Give our Burnsville office a call today at 952-890-8146.
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