Ten reasons to reshore your plastic injection molding

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Why bring your plastic manufacturing back to the U.S.? 1 Here are the 10 most critical reasons for you to consider.

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Find out why more companies are using U.S. contract manufacturers and are re-shoring their supply chains back to American soil.

Transcript of Ten reasons to reshore your plastic injection molding

Page 1: Ten reasons to reshore your plastic injection molding

Why bring your plastic manufacturing back to the

U.S.?

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Here are the 10 most critical reasons for you to consider.

Page 2: Ten reasons to reshore your plastic injection molding

Proximity to consumer

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According to a recent study by Accenture “Sixty-one percent of the managers surveyed are currently considering shifting their manufacturing operations closer to customers to provide better service and enable accelerated growth.”

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- U.S. manufacturers are the most productive workers in the world—far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.

- U.S. manufacturers perform two-thirds of all R&D in the nation, driving more innovation than any other sector.

- High-end automation in U.S. creates long-term efficiency and manufacturing jobs that have a multiplier effect within the economy. About 1 in 7 private sector jobs is tied to the manufacturing sector workforce.4

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Higher Productivity and Efficiency

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- Product quality issues dominate the foreign supply chain particularly with China.

- As a result of several safety issues, the U.S. Congress is reviewing the requirement of additional testing by foreign manufacturers.

- In 2012, the Consumer Product Safety Commission sought the recall of 177 products imported from China1.

Manufacturing in an American plastic injection molding facility helps insure your project complies with U.S. laws and regulations including complete certification of resins and colorants.

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Product Quality

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- A recent research study by Gartner Research indicated price volatility was one of the top concerns of U.S .companies when dealing with Chinese manufacturers. Most would opt for price stability over lower costs.

- Volatility continues in labor, material, energy and transportation costs.

- Fluctuating exchange rates also impact costs.

- Political instability adds to uncertainly fueling additional fluctuations.

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Price Volatility

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- It is estimated that between 15 and 20 percent of all products made in China are counterfeits. In fact, 70% of all counterfeit products seized globally originated in China.3

-Many counterfeit products are manufactured and distributed by the same Chinese manufacturers that are producing these goods for foreign companies.

- Intellectual property theft resulted in the loss of as much as $300 billion in revenue annually and 2.1 million American jobs.3

Your intellectual property is protected when you do business with a United States manufacturer. They provide complete adherence to non-disclosure agreements and patent protection.

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Intellectual Property Protection

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- Having your supplier close at hand allows you to easily collaborate on design and product refinements. This helps guarantee you get products that are made exactly to your specifications, with quality checks along the way.

- Time zones can be disruptive to production schedules. With up to 14 hours in time difference, delays of at least one day to get responses to questions are common.

-Communication is further complicated by language interpretation, which may not produce the desired result.

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Communication and Scheduling

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- Plastic injection molding companies who care about the environment employ state-of-the-art machinery to assist them in minimizing waste, transportation, and packaging costs.

- A well-made, well-designed mold reduces the energy needed to produce a part. - Plastic waste can be eliminated from the molding process through the use of robotics.

The Rodon Group Rodon is one of the first molding facilities in its area to have been designated as a "Landfill-Free Facility" by Sustainable Waste Solutions, LLC.

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Environmental Stewardship

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- ISO 9001 Certification is a way for companies to keep a close eye on their production processes.

- Meeting the International Standards for Quality Management ensures the company has been thoroughly audited, is in full control of its procedures, and no part of the production process has “slipped through the cracks.”

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Adherence to International Standards

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- More than 12 million Americans get their paychecks from working in manufacturing and an additional 7 million jobs support this sector.5

- Stimulating manufacturing here at home will not only save jobs and increase the pool of opportunities, but it is also the best way to get to a sustainable economic recovery and secure our independence.

- U.S. consumers need to remember that when they buy American, they are helping to support the U.S. economy and the “American Dream” of a safe and secure life for their family.

- Recent data from Moody's Economy.com highlights this fact. If every American spent an extra $3.33 on U.S.-made goods every year, it would create nearly 10,000 new jobs.

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Buying American Made is More important Than Ever!