Posts by Dean Marsman:
This is a display that we have in our Juarez operation. We look forward to adding to our other businesses. It’s a history of Prince business. Our business started in 1965 with a better way to make a die cast machine. More tonnage smaller footprint. That business grew to be approximately 50% of North American […]
In support of our military and the military alliances, we have globally, Erik Prince and Bill Mathews were a part of the 75th anniversary of Normandy this week. They both were a part of a select few to parachute in a demonstration to support the service of so many that fought to support freedom for so […]
In the modern consumer market, it is absolutely essential to improve time to market. The ability to capitalize on an idea requires a streamlined process. From concept to manufacturing to distribution, each stage must be approached strategically to respond to current consumer demands one step ahead of the competition. This, however, is easier said than […]
It’s the same story with many companies who consider contract manufacturing. They grow, begin exceeding in-house production capacities, decide to find a contract manufacturing partner, and realize outsourcing is just too difficult and confusing. This guide will walk you through the first considerations to evaluate, which questions to ask, and how to know contract manufacturing is right for your organization.
Recent China tariffs are complicating the US-China trade relationship, causing many to rethink their outsource strategy. But there might be more to the story. The tariffs President Trump has imposed against China and their retaliatory tariffs are making things difficult, but there are indications China has been losing manufacturing prior to this.
When US President Donald Trump announced in March that he would be imposing a 25% tariff on imported steel and 10% on imported aluminum – and in May that US allies would not be exempted – it was domestic manufacturing that responded negatively to the news. Recent news indicates US manufacturers may increasingly outsource production to avoid not only the price increase on inputs but also the added cost of exporting goods to countries imposing retaliatory tariffs on US goods.
In spite of a general trend towards less manufacturing in the United States, the US manufacturing sector is doing well. Output is increasing, value is on the rise, and some areas in the US are experiencing significant growth in the manufacturing sector.
With US President Donald Trump’s tariffs going into effect, manufacturing in China is becoming more costly and problematic. Firms looking to remain competitive and to keep production costs low while selling to the US market have real concerns about remaining in China. For some, a new alternative is beginning to look a lot more attractive […]
Optimizing supply chain management is no longer just a mere business function. It is a vitally important business process. Manufacturers and producers miss out on substantial profit potential by overlooking key steps to simplify, shorten, and optimize. This is what you need to know to maximize the potential of your end-to-end supply chain.