Global supply chain management is no easy feat, which is just one of the many reasons so many companies are choosing to re-shore their operations. With so many concerns about security – often with well-validated reasons – business owners and executives are bringing their businesses back from countries like China, where security concerns abound. As stated in this previous blog post, there are tremendous advantages with respect to cost-savings, but there’s also an obvious convenience factor related to having your supply chain located on the same land mass as the majority of your business operations.
That said, for some companies, offshore is the right solution. As we’ve stated before, in order to make offshore manufacturing successful, a best practice is to have trusted partner or senior staff member on the ground in your facility abroad. At Etratech, we actually act as that partner for many of our clients via our Total Acquisition Management (T.A.M.) system. Rather than placing the tasks of imparting a Supplier Code of Conduct, initiating collaboration with your supplier, and simply “turning risk into opportunity” to you, we manage all steps of the supply chain for you.
What does this mean? For starters, Etratech fully owns and operates our Asia facility. This means that a “Supplier Code of Conduct” that you would expect is already in place and monitored to our exacting standards, not those of another operator. Working with Etratech, you only have one step of research to ensure that your supplier is up to your standards, taking the guesswork out of wondering at just what kind of facility your parts are being manufactured
Next, collaboration with our customers is built into our service and philosophy. We reach out to you and your engineers at every step of the process to harness our collective expertise and ensure that we’re all on the right track toward meeting goals.
Finally, turning risk into opportunity is an optimistic and worthy goal, to be sure, but in uncertain times it can be easier said than done. By locking into Etratech’s expansive network of suppliers and stable supply chain via T.A.M., you’re mitigating much, if not all, of any risk involved.
Be sure to view our videos for more information on T.A.M. and all of our other services.