As many buyers have discovered, local purchasing is simpler and altogether more convenient than offshore sourcing. And with the steady resurgence of high-quality American manufacturing, there are fewer reasons to purchase specialized parts and components overseas. The benefits of local sourcing are especially evident when procuring non-standard parts and components for your assembly lines. Using American manufacturers streamlines the procurement process and is far more flexible than external sourcing of the same products. Here are three top benefits of local sourcing.
While foreign manufacturing offers the prospect of inexpensive parts and labor, the incidental costs that occur can make outsourcing to foreign manufacturers cost prohibitive over the life of the product run. In addition to having an adverse effect on costs, these same incidental circumstances can negatively impact consumer perception of your company at large. All of this is primarily due to the extended supply chain and potential disruptions that can occur with such a lengthy supply chain. No matter their size all businesses and companies, large or small, will eventually be affected by these situations.