Paradigm Shift in Industrial Marketing

The uncertainty of global markets has resulted in opportunities to recalibrate business models. Productivity, cost/value, and quality will be the focus that drives new investment. The tools to execute these initiatives have focused on Lean Sigma and Just in time delivery.

Modern innovations have taken metal fabrication to new levels. The most competitive metal fabrication producers have embraced state-of-the-art technology. Cutting edge Metal Fabrication processes including CNC Punching, Laser Cutting, and Six Axis Press breaks have allowed for timely responses and delivery within the supply chain network. Overall, this has resulted in the efficient use of resources including labor, inventory, and distribution capacity.

The new marketplace has also created great opportunities for contract manufacturers. Contract manufacture gives companies the flexibility to sell finished products they are not equipped to assemble themselves. In turn, contract manufacturing firms are responsible for the entire process, from component assembly to quality control and just-in-time shipment of the finished product. Flexibility and efficient metal fabrication processes allow Original Equipment Manufacturers to optimize their supply chain. With Just in Time delivery, smaller inventories let businesses respond quickly to changing customer demand and achieve greater cash flow.

In order to compete in this new marketplace, Original Equipment Manufacturers must set pricing that allows for a competitive price without large batch sizes. Effective use of the processes like CNC Punching, Laser Cutting, and Six Axis Press breaks, along with careful attention to pricing can increase profits and success across the board for Industrial Suppliers, Original Equipment Manufacturers and Contract Manufacturers.