“Blame it on the Supply Chain.” We hear this excuse at the grocery store, auto dealerships, and almost everywhere we shop. APEX Spring & Stamping works daily to ensure our customers have their products in hand despite global supply chain issues.
Supply chains are critical revenue lifelines that enable companies to make, sell, and move their products. For an organization to thrive it must be flexible and quickly respond to changes and disruptions in supply schedules and shortages. The supply chain continues to globalize and create a domino effect for manufacturers and suppliers everywhere.
Floods in Japan, earthquakes in Germany, and global pandemics all have one thing in common: the ability to disrupt the supply chain. The outsourcing of parts comes with both benefits and risks. Here at APEX, we work hard each day to help our customers avoid the risks that outsourcing presents.

Outsourcing Risks:

Risk #1. Sharing Intellectual Property

Sending IP to create specialty parts overseas can indirectly create competition.

Risk #2. Shipping and Delivery Delays

Ports across the world have several ships waiting to dock with containers ready to be unloaded causing delays.

Risk #3. Language Barriers and Miscommunications

Being blindsided by miscommunications due to language or cultural differences can inflate the bottom line.

Risk #4. Government and Natural Disasters

Political unrest, labor strikes, natural disasters, customs delays, global pandemics are all potential issues to get what you need. These situations put manufacturers and their customers in challenging positions that are avoidable by working with domestic partners. The pandemic exposed the weaknesses of complex, intertwined supply chains being highly dependent on specific geographic regions. Here at APEX we incorporate technology, alternative sourcing strategies, clear customer communication, and purchasing agreements with US companies to avoid supply disruptions. No plan is perfect, but APEX takes an active, forward-looking approach with innovative ways to get what we need, when we need it! Kim R. Dykman, who works in Purchasing/Supplier Development at APEX comments, “Sourcing needs to make the transition from the traditional ‘lowest price wins’ to making more strategic decisions based on factors like location, lead times, freight options, automation and the overall health of your supplier.” Our processes at APEX ensure that we maintain an excellent on-time performance with our customers.

 

Special thanks to Kim R. Dykman, Purchasing/Supplier Development, Apex Spring & Stamping.

Related

Manufacturing

02.21

FAQ’s About Metal Stamping

FAQ’s About Metal Stamping

With a wide range of capabilities, machines, materials used, etc., it leaves lots of room for questions.  Therefore, we put together some of our most frequently asked questions about metal stamping here at Apex.

Keep Reading

News

01.30

New Year and New Machines at Apex

New Year and New Machines at Apex

We are always excited when blessed with opportunities to grow and expand our operations.  Whether for improved efficiency, meeting customer needs, necessary expansion or simply staying up to date, it is important to our team to be operating to the best of our ability with quality equipment to manufacture the best parts possible. 

Keep Reading

Manufacturing

12.07

An Extended Look at Extension Springs

An Extended Look at Extension Springs

Apex has a strong history of manufacturing Extension springs. In this blog, learn more about this how they work, and how they are made.

Keep Reading