Is your business prepared for delays in receiving materials and components? Have you considered how to eliminate supply chain disruptions? If not, you're exposing your operations to significant business risk. Here are some thoughts on what to consider and how to prepare.
When manufacturers start thinking about potential supply chain disruptions it's often natural disasters and geo-political events they have in mind. Earthquakes, virus outbreaks, lightning strikes and wars (military and trade) usually make the list. These are valid concerns and it's right to prepare contingency plans, but there are other risks to consider. Here are some examples:
One way to eliminate supply chain disruptions is by holding buffer inventory. This is problematic, for several reasons:
An alternative is to partner with suppliers who address potential causes of supply chain disruption before they occur. This means looking for those who:
The first step is to look for suppliers with ISO 9001 certification. This shows they have robust processes in place for managing both product design and manufacturing. Following on, it pays to take a close look at metrology and testing capabilities. These provide manufacturers with the ability to verify conformance of manufactured parts to design. Certification to IATF 16949 shows a manufacturer operates a well-run test laboratory.
Other capabilities to consider are lot traceability and ISO 14001 certification. The former enables prompt and focused response in case of any problems while the latter guards against supply chain disruptions related to environmental issues. Then look for those who have adopted Lean manufacturing. This surfaces problems immediately and enables a quick response rather than hiding them for a customer to find.
Hartford Technologies takes a disciplined and methodical approach to ensuring product quality and supply stability. Our manufacturing procedures helps eliminate supply chain disruptions and optimizes costs, lead times and inventory. With a long history of manufacturing quality bearings and bearing assemblies you can be confident Hartford knows how to help keep their customers running.
Hartford Technologies, Inc.
1022 Elm Street - Rocky Hill, CT 06067
Tel: 860-571-3602 | Fax: 860-571-3604
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