Tag Archives: supplier

Digital agility enables manufacturers to quickly pivot when faced with disruption

LONDON, 22-Feb-2021 — /EPR INDUSTRIAL NEWS/ — We are moving more and more into an on-demand world, where the companies who embrace digitalization and agility thrive. We have witnessed that the companies surviving in this new era of manufacturing are the ones who go digital, be agile, and mitigate risk.

The recent pandemic has resulted in new ways of working, highlighting the importance of getting immediate access to products and services. As manufacturers navigate the new normal, realizing digital agility has never been more important.

Having a responsive supply chain proves essential. Once you take a product to market, it is key to safeguard the supply chain. With a constantly changing market, your supply chain should be able to rapidly respond to satisfy demand where that means making more of the same product, or shifting focus to another more in demand item.

When done correctly, automation paves the way to digital agility. Agility results in lower cost and errors, whilst increasing productivity and sales. Digital agility enables manufacturers to quickly pivot when faced with disruption.

When manufacturers get it right, automation provides a path towards digital agility, which ultimately leads to the reduction of cost and errors, while improving productivity and raising revenue. Digital agility is especially important amid COVID-19 disruptions, as it allows manufacturers to quickly pivot.

Digitalization and technology help companies embrace new market trends. Market opportunity is evident in industry, the capture this, companies and their manufacturing partners need to push the existing boundaries and strive to push themselves and digitalize their processes. As products and services are moving more and more on-demand, only those that embrace this will gain competitive advantage.

SOURCE: EuropaWire

Sourcing new suppliers for manufacturing custom parts in China can be challenging with travel restrictions for many in Europe

LONDON, 20-Jan-2021 — /EPR INDUSTRIAL NEWS/ — With travelling both nationally and internationally still difficult for many in Europe, sourcing new suppliers for manufacturing custom parts can prove challenging. To be instantly connected with new suppliers without leaving home is possible through Haizol. This platform is an on-demand manufacturing service which connects buyers with manufacturers that fit their project requirements.

As a buyer, you can register an account online, and submit a request for quote, together with an optional two level NDA agreement. The quote is then immediately sent through to over 200,000 factories across Asia. These factories are partners of Haizol, pre-vetted and screened in terms of their capacity, certifications, quality control, MOQ, and customer reviews. Those with the right capabilities are able to respond with their price for the project, this usually happens within 24 hours.

A customer can filter the quotes based on several criteria, and also choose to get more information of a potential supplier. Haizol is on hand to assist with any questions or with communication between the two parties. Once selected, production can begin immediately, with peace of mind that the project is being carried out by experts in the field.

Current suppliers include thousands specializing in CNC machining, injection molding, casting, stamping, fabrication, and mold making. They also offer a wide range of secondary processes, such as coating, anodizing, conditioning, and assembling.

With new suppliers joining the platform daily, matchmaking is possible in minutes. Sourcing manufacturers through Haizol not only reduces cost, it enables time to be freed up to focus on other aspects of the business. Having access to stable suppliers is crucial during this period, and mitigates the risk of supply chain instability.

SOURCE: EuropaWire