Managing Your Supply Chain Post COVID-19 Crisis
As the U.S. manufacturing industry begins its recovery from the COVID-19 pandemic, many companies are looking at how to better manage their supply chain to eliminate risk and quickly ramp up operations. Because of the disruption this crisis has created, many companies are considering relocating work closer to the origin of production, often referred to as “reshoring.” In fact, in a recent study conducted by Harbour Results, Inc., approximately 50% of responding production and tooling shops are bidding on business for products that were historically built in China.
“This unprecedented situation has forced companies to look at every aspect of its operations, including its supply chain,” said Jim Kepler, president, Intertech Plastics. “What worked in the past may not work today and not every manufacturer is going to survive this crisis. Reshoring or transferring work closer to its origin are options that can reduce risk, ensure stability and, oftentimes, improve efficiency.”
Colorado-based Intertech Plastics is well-positioned to help companies that are looking to bring manufacturing back to the U.S. or who need to transfer work to a new partner. The company has remained committed to safely delivering products to its core customers in the medical, consumer and industrial sectors. As the 2019 Plastics News Processor of the Year, Intertech has significantly invested in equipment, automation and process improvement, which has enabled the company to efficiently meet customer needs while strengthening its business.
This year, the company continues to invest in its operations to improve its medical facility, including adding a gowning and ante rooms as well as LED lights and a HEPA filtration system. These enhancements enable Intertech to better meet the needs of the medical device industry. Additionally, the company’s focus on continuous improvement and problem-solving are ideal for today’s business climate when innovation, quality, flexibility and on-time delivery are critical for product success.
According to Kepler, Intertech is healthy and has a strong balance sheet. “Our company has made the necessary changes to ensure the health and safety of the team while maintaining our operations. We have available capacity in both facilities and are actively pursuing new business opportunities.”
At Intertech, precision is its purpose. The company provides solutions focused on defect prevention, consistency, and repeatability through process control and automated quality compliance systems. Intertech Plastics is reshaping the molding industry by solving today’s problems with tomorrow’s technology.