Stop Coronavirus Impact On Your Supply Chain

Posted by Liz Lipply on Feb 28, 2020 2:19:44 PM

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.

coronavirus map

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.

As a trusted American manufacturer based in Akron, Ohio, Ferriot provides an alternate solution to manufacturers that will keep production going: 

  • Skilled in adapting Chinese tools to US machines.
  • Available machine capacity – from 40 to 2,250 tons.
  • Secondary services: Painting, EMI-RFI shielding, pad-printing, inserting, welding, assembly and packaging.
  • A team of engineers able to assist you.
  • Over 90 years of experience: We have injection molding know-how!

If you're realizing that it's time to place the production or assembly of your key parts with another company, you'll want the transition to go as smoothly as possible.

To get you started, download our guide, "5 Key Considerations When Transferring Molds to a New Custom Injection Molder" to learn how to:

5 Key Considerations When Transferring Molds to a New Custom Injection Molder

  • Establish a sufficient buffer of inventory prior to transferring the business.
  • Obtain clear deliverables from the customer in terms of quality, delivery, service and costs.
  • Establish key lines of communication between the new supplier and the customer.
  • Establish visual cosmetic standards for all parts.
  • Identify and communicate all known problems to the new supplier.

Click the button to get your PDF checklist.  

Get the Checklist

Don’t wait for the crisis to get worse. Consider transferring your tools to Ferriot. We’re here to help smooth the transition and keep your production lines running. 

Contact Us today if you have any questions or need additional information.

Topics: Supply Chain, Transfer Tooling, Coronavirus crisis

What we do

Specialized engineering assistance, complex thermoplastic material development, injection molding, finishing, contract manufacturing, and commitment to total quality management.

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