Yes, you are thinking the same as many industrial professionals and companies are thinking now from Casting /Supply Chain industry. As everybody knows that casting products/parts in Pump/Valve/Heavy Equipment/Automotive/Lighting and many industries are manufactured and supplied by many complex and long processes and of course very complex supply chain. There are many key manufacturers and suppliers are involved in making of even single casting product.
Key players in making custom finished casting products are as follows,
- Raw Material supplier
- Die/ Tool/ Pattern/Core maker
- Foundry / Casting Processor
- Post Processor (CNC Machining/Finishing Partner)
- Heat Treatment ( Hardening and other HT Processes, in some cases)
- Surface Treatment (Painting/ Coating/Polishing/Sand Blasting )
- Logistics Partner (Transporter/Warehousing/Inventory Management)
From these all partners, sometimes two roles can be played by one player. But still you can see there are 4-5 players are generally involved in making successful casting products in the normal supply chain today.
So you have seen that these many of suppliers are making a complex supply chain in almost every casting industry. It is obvious that with many partners in supply chain, it will be more time taking, costlier, complex and risky for today’s fast moving and dynamic industrial products life cycles in cut throat competition.
All of above, there are many cost and risk associated with this kind of supply chain. Such as;
- Shipping/Transportation Cost between moving/forwarding the material/things for processes in shattered supply chain partner locations
- Overhead/Indirect Cost associated with Administration/Management such as for managing all vendors (for follow ups, updates, book keeping records, maintaining different accounts, man power cost, other indirect/overhead management )
- Risk/Delay cost associated if one of supplier/partners get delayed/stopped, then whole supply chain is delayed or disturbed (if there is no back up or without strategic supply chain management)
- Direct Product cost gets more higher or expensive with old and complex supply chain due to traditional and unorganized strategies/locations/execution
- lack and improper Co-ordination of any player can result into late delivery, more cost and quality issues in whole supply chain.
So, after these all costs combined, it will become a cost, that can be reduced by 10-35% by re designing that traditional and complex supply chain with core manufacturing and strategic sourcing capabilities.
So In Casting Industry, How Risk And Cost Can Be Reduced And With That Quality, Performance & Profitability Can Be Increased?
Well, simple but effective solution is ” A great supply chain partner with core manufacturing and strategic sourcing capabilities with supply chain and logistics management with co-ordination in center.”
Let me explain in detail. As we discussed that in Casting product’s supply chain, there are many players are involved to make successful products. As a result, many complex and time taking processes such as material movement (necessary/unnecessary) between all the players, one or many times irrespective of geographic locations (sometimes due to not have many options & lack of network partner). These all result into major unnecessary cost around 5-20% in-general. Moreover, there is a risk and cost associated when one partner in supply chain gets into trouble and delay in case of any production stoppage or any other. And because of not any other option and back up in supply chain network, co ordination gets disturbed and finally it results into late delivery and also more cost. And same things and cost associated with traditional, complex and out dated supply chains are overhead/indirect cost, administration cost & direct product cost which all together comes up to 35% extra product cost sometimes in whole supply chain.
So the possible proven solution offered by us is explained further. Let’s assume and consider that as a buyer you have just one supply chain partner who has core manufacturing capabilities and knowledge of processes with great suppliers network with strategic supply chain and logistics management as a great strength. So, suppose this partner is handling and processing all your buying requirements like raw material, die making, casting production, CNC machining, surface and heat treatment processes with logistics and warehousing management and giving you door delivery whenever you require like Just In Time and Vendor Managed Inventory and other supply chain management support.
Co-ordination Driven Core Manufacturing Based Supply Chain Management
Now you have got that what we are trying to explain the solution for performance and profitability improvement with cost reduction & quality improvement. Its already been proven in many industries and companies. Many companies are adopting this model in casting and many other industries. We are working on same model in Casting industry with supply chain management support. We have delivered successfully to some buyers in casting industry. The outcome of implementing this model was noticeable and remarking. We delivered to our customers with unbeatable quality and cost up to 10-35% with great supply chain services and support. For more information about our supply chain model and support, please let us know and we will show you how we can help you to get better products and solutions. At CraftMach Engineered Solutions Inc. we always commit and challenge your current supplier’s quality, cost and services, and we guarantee that we can beat your current supplier in any area in terms of quality, cost and delivery time in supply chain. If you want to know more about custom finished Casting/CNC Machined parts, then these all kind of high quality custom made Pump/ Valve/ Automotive/ Heavy Equipment/ Lighting parts are manufactured & supplied by us at guaranteed quality and unbeatable cost with Logistics support in North America.
For more information about Casting & CNC Machined parts with Global Supply Chain & Export Management services , please let us know and we will show you how we can help you to get better products and solutions. At CraftMach Engineered Solutions Inc. we always commit and challenge your current supplier’s quality, cost and services, and we guarantee that we can beat your current supplier in any area in terms of quality, cost and delivery time in supply chain.
So, let’s improve the company performance and profitability up to 10-25% with our committed help, products and solutions and beat your competition with us by improving your quality and reduce your cost for your industry including Machinery, Pump, Valve, Fittings, Automotive, Heavy Equipment, Lighting, Mining & Other Industries
GET YOUR FREE SAMPLES NOW AT UNBEATABLE QUALITY & SERVICES
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Team CraftMach.