Supply-Chain Resilience
Global surveys conducted after the pandemic make one point clear: volatility is now the baseline, not the exception. 2024 supply-chain analysis found that more than 70 percent of manufacturers experienced “severe or very severe” disruption during 2020-23 and have since prioritized geographic diversification and near-sourcing as a risk-mitigation strategy.EY US McKinsey’s most recent survey of operations executives echoes that conclusion, noting that 44 percent of firms already have, or will soon have, dual- or multi-sourcing strategies that shorten supply lines and cut order-to-delivery time by up to 60 percent.McKinsey & Company
Reshoring critical plastic components eliminates many of the variables that make extended supply chains brittle—port congestion, container shortages, geopolitical flashpoints, and currency swings. Bringing work back inside North America converts 30- to 90-day ocean voyages into two- to five-day ground deliveries, allowing manufacturers to run leaner inventories, react faster to demand shifts, and strengthen customer service promises that depend on dependable lead-times.
Modern Molding has the capacity, the Engineering know how and on time delivery performance to reshore your projects, and de-risk your supply chain. Reach out to Sales@ModernMolding.com to get more information.
