How have your strategic priorities been impacted by the global labor shortage and supply chain delays?
- Is your team allocating excessive resources on peripheral, non-strategic activities?
- Does your manufacturing partner provide expertise to solve critical business challenges?
- How have your strategic priorities been impacted by supply chain constraints?
Companies which partner with experienced, forward-thinking manufacturers are better positioned to align their resources with their strategic priorities. Key partnerships are an ideal way to bring in outside expertise, specialized knowledge and critical insights to solve business challenges.
Our client, a subsidiary of a world-class equipment and services company, is a leader in autonomous technology using machine imaging and GPS. The client is revolutionizing its industry by applying technology in breakthrough ways. As an innovation-driven company, our client’s strategic priorities are new products and technologies.
Three Steps to Assess Your Resource Allocation:
- Assess whether clear and open communication with your strategic partners addresses issues effectively
- Analyze the costs of staff shortages, including recruiting, training, overtime and turnover, on your bottom line.
- Consider the measurable impact of delays and shortages on your team’s ability to ship on-time and complete.
Unfortunately, as often happens in growing organizations, the company resources were stretched to hire workers while continuing to invest in physical space and capacity. Nortech’s team partnered with the client to identify opportunities to align resources with their strategic priorities by identifying components to be transitioned to Nortech’s higher volume, near shore manufacturing facility. By transferring the production of specific components, the client is able to focus on their core competencies: new technologies and finished equipment production.
With current global raw material supply shortages, many businesses like our client are finding value partnering with experienced manufacturers.
Strategically, this gives the businesses a competitive advantage by removing peripheral activities from their core facilities and reducing related expenses, thereby creating more space to invest and innovate in other areas, as our client has done.
With current global raw material supply shortages, many businesses like our client are finding value partnering with experienced manufacturers. Strategically, this gives the businesses a competitive advantage by removing peripheral activities from their core facilities and reducing related expenses, thereby creating more space to invest and innovate in other areas, as our client has done.
Our client had outgrown their capacity to supply cables to their own manufacturing line and needed a high-quality, volume partner to augment their own processes. Nortech’s quality, engineering and supply chain teams collaborated with the client to transfer labor intensive cable production freeing up their team to focus on other priorities. The two companies worked together to identify and track all major steps in the transfer process in including updating the BOMS, work instructions, drawings, and verification of all materials against master samples for accuracy and completeness. A strong camaraderie, consistent communication and clear quality management processes ensured the successful design transfer from the client’s operations to Nortech’s facility.
Nortech delivers measurable value through technical expertise, robust and flexible processes and by connecting and engaging with our clients to solve problems. Our client has remarked on a number of quality features, including the braiding of cable assemblies, which has surprised them as even better than expected. The two companies now partner closely to share materials to address supply chain issues creatively and proactively, even with those supply chain concerns fall outside of the core project. The design transfer to Nortech’s facility was successful and yielded high quality product on time and complete.