5 Supply Chain Problems and Solutions

Posted on: 22nd Dec 2020

Maintaining a reliable supply chain is critical for businesses. 2020 has brought a number of challenges, and with the pandemic continuing, and the ongoing uncertainty around a deal or no deal Brexit, maintaining supply chains is a key priority for manufacturing businesses, particularly with regards to importing and exporting goods.

What is a supply chain?

“A supply chain is a system of organisations, people, activities, information, and resources involved in supplying a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer” (Wikipedia)

As a second or third tier supplier into critical industries across the world. PolyGlobal’s customers depend on them to deliver a reliable and consistent service.

What are supply chain problems?

Disruptions to supply chains can have a huge impact on all aspects of business, including operations, service, and finance.  A supply chain can be disrupted by any sudden change or crisis that negatively impacts any part of the process. Supply chain disruptions can include:

  1. Price fluctuations

Increases in labour costs, minimum order requirements as well as raw material and freight costs can all lead to fluctuations in price that can be difficult to predict and manage.

2. Quality concerns

Substandard quality products can cause lengthy delays in shipment, have financial impacts, and affect your reputation.

3. Transportation issues

Increased strain on international and domestic transport networks can lead to delays and have further cost implications

4. Lead time extensions

Problems within your supply chain can result in extended lead times which are not always viable for your business or the end customer.

5. Unforeseen circumstances including pandemics and natural disasters.

This year has presented some unique challenges with the Coronavirus pandemic. This is alongside the uncertainty around Brexit, which is resulting in delays at UK ports, congestion charges and confusion around customs regulations and tariffs.

Natural disasters can have a widespread impact on supply chains and their unpredictability can be difficult to manage.

Reshoring could be the solution

With the global economy changing rapidly over recent years, offshoring, the practice of transferring processes or services overseas, is in many cases becoming a less viable option. All of this is contributing towards a change in trend towards the reshoring of manufacturing work.

Reshoring is the practice of transferring a business operation that was moved overseas back to the country from which it was originally relocated and can offer a number of advantages including:

  1. Cost reduction opportunities.

Increased stability in labour costs, and lower freight charges

2. Logistical benefits

Being located geographically closer to suppliers and customers can often mean reduced carriage costs, faster lead times and a reduced carbon footprint.

3. Versatile manufacturing options

These can offer better flexibility for production quantities and modifications

4. Product quality.

UK manufacturing is renowned for quality with products often achieving a premium rate

5. Enhanced Service

No time differences and reduced language/cultural barriers can prove beneficial and in the event of unforeseen circumstances, suppliers that are closer geographically can often offer a more dependable service.

Once the decision has been made to reshore a manufacturing process, it is crucially important to find the right supply partner. Key considerations should include their capacity and capabilities, versatility, and quality standards amongst others.

Why are PolyGlobal the right supplier for you?

Celebrating 35 years of manufacturing, PolyGlobal are market leaders in their industry. Specialists in their field, all aspects of the manufacturing process take place at their site in Wakefield, West Yorkshire.

Flexible Manufacturing

PolyGlobal’s full in-house manufacturing service enables them to offer versatile manufacturing options. This allows them to provide more flexibility for production quantities and modifications as well as stock holding, bespoke colour options and specific bespoke details including engravings and identification marks.

Their 3D printing service enables them to design and create high quality, bespoke prototypes and samples of components at significantly reduced lead times, enabling your part to come to life before the full commitment to tool manufacture.

Injection Moulding

For 35 years, injection moulding has been PolyGlobal’s primary manufacturing option. Automatic production runs are ideal for high volume production and there are no limits on part quantities.  PolyGlobal offer injection moulding weights up to 2.5kg.

Cast Moulding

Cast moulding is ideal for lower production volumes, bigger part weights, up to a maximum of 100kg, and thick wall sections.

Toolmaking

PolyGlobal have over 30 years of experience in toolmaking. Their bespoke moulds facilitate the production of new and innovative solutions in critical industries across the world.

See their brochure for more details

Quality Assurance

British manufacturing is renowned for quality and excellence. PolyGlobal’s commitment to quality has been recognised with the ISO 9001:2015 accreditation and they are proud members of Made in Britain, an organisation that supports and promotes the British manufacturing community.

PolyGlobal provide certificates of conformity and are able to supply PPAP certification to every level for components supplied in the Automotive sector when required.

Reliable supply

PolyGlobal’s partnerships with some of the largest raw material suppliers in the world enables them to offer a wide range of materials suitable for a diverse range of applications. They collaborate with their suppliers to continually develop and extend their range allowing them to remain responsive to market demands. Equally, this close relationship ensures raw material costs remain as competitive as possible.

Decades of experience and technical knowledge enable PolyGlobal to work closely with both new and existing customers.

Please contact sales@polyglobal.co.uk with any enquiries.

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