Here at Ferriot, an increasing number of our clients are expressing growing concerns over the Coronavirus crisis and the impact of this crisis on the global supply chain. The situation remains very volatile, changes daily, and continues to have a global impact.
This affects injection molding because the industry relies heavily on Asia, especially China, to manufacture a significant portion of the tooling. A large percentage of plastic parts are molded there as well. The lower labor cost has allowed Asian countries to deliver tooling at a lower cost and provided OEMs with a reasonably safe supply chain.
Because this pandemic began in China, the Coronavirus crisis is causing production disruptions and serious shipping delays—some beyond 12 weeks. Many manufacturers and OEMs are struggling to keep their supply chains moving. Companies don’t know when workers will return, when plants will be running again and when parts will be made.
The supply chain from Asia to support US manufacturing has become a big question mark.
In Part 1, we discussed mold flow analysis (MFA) and the ways Ferriot uses it to improve the tool design process and, ultimately, the quality of the final custom injection molding we perform for our customers. In this ...