Domestic Manufacturing is “Grandeur” Than Ever

Grandeur Domestic Manufacture

   1. U.S. Economy Trends – A Quick History Lesson

Cold Heading Machine

Since the 1960s foreign suppliers have continued to capitalize on their growing ability of low cost production. Cheap labor and lenient standards, among other things, have allowed oversea producers to maintain a drastically lower price range (5% – 20% depending on the product) as compared to domestic manufacturing in the United States. China eventually surpassed the U.S. in 2010, becoming the #1 leading manufacturer in the world.

Changes in healthcare, standard of living, labor laws, taxes, etc… significantly impact the overall cost of production in America. Due to increased operational costs throughout the U.S., a large number of companies have strategically moved their business to a cheaper alternative. In return, many U.S. market segments continue to suffer the growing import craze induced by foreign competitors. While constantly battling trade deficit issues, America still holds the 2nd place title in global manufacturing.

 

DID YOU KNOW?

Manufacturing workers in America are among the most productive worldwide in terms of hourly output. Producing over 18% of the world’s goods, the U.S. has remained a leading supplier for decades. Despite nationwide plant closures, increased unemployment rates, and recessions; U.S. manufacturing as a whole is in for the long-haul.

According to recent on-shoring and market economy trends, the light at the end of the tunnel could be much brighter than expected.

Production tides are forecasted to return once more to American soil, and here’s why.

INDUSTRY ARTICLE: Trending Update

If you haven’t read Thomasnet’s article; 83% of North American Manufacturers Are Likely to Reshore Their Supply Chains in 2021you need to do so now! Current and forecasted reshoring trends are not merely opinions, but rather valid claims backed by powerful market research. This is a must read!

 

 

2. Domestic Manufacturing – Is Growing

Grandeur bolts and screws

The global economy may be one of the biggest factors in manufacturing growth, but there is one thing that matters more – DOMESTIC DEMAND. As defined in the Cambridge Business Dictionary, domestic demand is “the total amount of money that is spent on goods and services by the people, companies, and government within a particular country, or that would be spent if the goods and services were available.”

 

According to recent feedback produced by Thomas 2019 Survey on U.S. Manufacturing, the majority prefer to buy products “Made in America”. The survey also reported that the perception of domestic manufacturing is improving, and considered highly important to the U.S. economy.

• 95% stated manufacturing is important to the U.S. Economy
• 87% stated a strong manufacturing sector is important to national security
• 75% stated sustainability has a large impact on goods they purchase
• 60% stated they would encourage someone to pursue a manufacturing career

Regardless of closing foreign wage gaps, ongoing trade wars, and new competitive pressures; most of America’s manufacturing growth can be largely attributed to the following:

– The utilization of expeditiously advancing technology –

U.S. Technology

 

Applied science is quickly changing nearly every production asset in U.S. factories today. Those who have invested in this new age strategy are reaping the benefits of cost reduction through improved manufacturing processes. Here are a few aspects that characterize today’s modernization of American manufacturing.

Automation & Robotics – Increased output per hour
Advanced Planning and Scheduling – Logarithmic approach and AI analysis
Smart Power – Increased energy efficiency and electric power generation
Smart Manufacturing – Fully connected systems to maximize efficiency
Process Improvements – Reconstructive improvements to current processes
Lean Manufacturing – Eliminating waste from manufacturing processes
Continuous Improvement – A method for identifying cost saving opportunities

 

3. American Production – Supports America

U.S. Economy

 

Manufacturing as a whole is the largest sector in the U.S. economy, which also happens to be the largest and most productive economy in the world. We hold a vast majority of the top brands, lead the globe in technology, and are home to the world’s best colleges. Our economy is also structured to be highly competitive, and to top it off – the U.S. dollar is king!

With that being said, buying domestically makes our nation more profitable and strengthens the U.S. economy as a whole. Next time you’re facing a “Made in America” decision, consider the following.

• Buying domestically increases domestic demand
• Domestic demand creates jobs
• Job creation reduces Government expenditures for assistance programs
• It strengthens and grows the domestic supplier base
• Your supply chain visibility will be improved
• Increased economic stability
• Significant risk reduction associated with trade tariffs and wars

Of all the benefits to buying products Made in America, increasing domestic demand is likely to be the most important of all. Did you know that domestic demand is the most influential driver to promote competitive advantage of American goods?

Competitive advantage is the ability to supply equal or superior goods in ways that generate a greater overall value. There are multiple factors compiling these advantages among suppliers, which exhibit both differential and comparative advantage components.

 

Grandeur Logo

Strong Branding

  High Quality

  Improved cost structuring

  Value added services

  Creating superior products

  Advanced technology

 

In addition, America is continually becoming more competitive from an operational standpoint primarily due to efforts in maximizing energy efficiency, increased supplier performance, and the narrowing gap of labor costs between U.S. and foreign entities.

4. American Made – Means Value Added

In case you were wondering, the answer is YES! Domestic suppliers will add value to your company, and it’s much more than what foreign competitors can offer. Aside from the economics, continuous improvements, and other various reasons why you should buy American… here are the value added perks you won’t get overseas.


Made in USA

 

High quality standards – both environmental and finished product
Eliminate counterfeiting – will not substitute “fakes” to gain a larger margin
Risk reduction – rework, loss, recall, repairs, and late orders
Smaller carbon footprint – green manufacturing practices and decreased logistical distance
Outstanding customer service – home grown American people and clear communication
Highly value “Made in America” – which means they will take pride in making your product
Reduced travel expenses – shorter travel distance for business trips and plant visits
Valued relations – American suppliers grow lasting relationships with their customers

 

 

 


5. Domestic Delivery – Time Is Money

Shorter lead times and the ability to react quickly are also huge benefits of utilizing a domestic supply base. A vast majority of domestic suppliers offer various programs, such as: VMI, stock & release, JIT, and min-max agreements – which reduce customer carrying costs and better serves their individual ebb and flow of demand.

Domestic Freight and Logistics

To top it all off, local suppliers will make on-the-fly adjustments and are superior at filling rush orders and drop-ins; which will positively impact standardized inventory levels and cost as well. American manufacturers are also highly flexible, and will accommodate to unique customer needs when others can’t. It’s hard to beat suppliers willing to go this extra mile and is an excellent way to win new business!

Domestic manufacturing will ultimately save you time, and in this world – TIME IS MONEY!

Cold Headed Supplier

 

Author

By: Derrick Pledger

Inside Sales and Marketing
Phone: 479-489-5168
Grandeur Fasteners, Inc.
sales@grandeurfasteners.com 

5 Reasons Why Grandeur Fasteners should be Your Cold Headed Supplier

Custom Fasteners

Finding the right cold headed fastener and component supplier can be tough, and especially tough when required to satisfy domestic provisions. The good news is that Grandeur Fasteners may be the perfect match for your fastener and component needs. We’ve continued to provide custom cold headed specials for decades to many OEMs, government agencies, and an ever growing customer base. There are several things you must know about us before continuing your search. We are the leading and best custom cold heading manufacturer in the world, and here are 5 Reasons why Grandeur Fasteners should be your Custom Cold Headed Fastener Supplier!

 

POP QUIZ: Which of the following do you agree with?

                                                                  A. Manufacturing Capability is Most Important
                                                                  B. Product Quality is a Must
                                                                  C. Best Pricing is Always Attractive
                                                                  D. Great Customer Service Trumps All
                                                                  E. All The Above

If you picked E, then you are looking for a world class supplier, and may be struggling in your endeavor.

 

       1. In House Tooling Design

Unlike other cold headers, we have our very own tooling and design facility in-house for both new and existing parts. Advancements made by our Engineering Department have resulted in fully customized tooling and tool design capabilities. Such expertise in this area equips us with the support and ability to manufacture specialty products for an unlimited amount of applications.

Our fabrication facility is backed by an integrated Management Control Tooling program, which reduces lead times by organizing and stocking tool sets. Broken tooling can take several weeks for replacement when using the conventional method of ordering from outside toolmakers. By fabricating and stocking these necessary toolsets, we have implemented a prevention to keep our machines running and your deliveries on time.

Tooling FacilityTool Crib

 

 

 

 

 

       2. Superior Quality

If there’s one factor that makes or breaks a supplier, it would have to be quality.

Quality is one of the most influential factors when choosing a new supplier (next to price of course). Remember that old saying, “You get what you pay for?”  Well, in today’s world that’s true more times than not. Poor quality results in extended lead times, late deliveries due to returns, customer downtime, customer loss, and an increase in overall cost.

At Grandeur Fasteners, we are committed to every customer and take pride in manufacturing the most “special “ and highest of quality cold headed products in the world. We truly believe that superior quality builds customer trust, increases fellow recommendations, eliminates product returns, and maintains positive business relationships.

So now you’re probably wondering, just how much better is the quality of Grandeur Fasteners’ products? I believe our policy says it all…

It is the policy of Grandeur Fasteners Incorporated to: 

  • Provide our customers with products that meet their expectations in price, delivery, service and most importantly, QUALITY. 
  • Involve employees in the pursuit of continuous improvement in the quality of our products and the efficiency of our activities throughout the company.

        3. Competitive Pricing

“Having competitive pricing is one thing, being dirt cheap is another.”

Pricing internally can be a difficult task for many suppliers, but Grandeur has it down to the T. Equipped with a variety of pricing and lead time options, Grandeur’s estimation team uses competitive intelligence matched with superior quality products to make us the most recognized cold headed fastener and component supplier on the market, regardless of the design or material requirements.

Our goal at Grandeur is to always offer competitive pricing, while ensuring great quality and excellent customer service. We consistently compete in the market, and always have more value to add than our competitors… That’s how we gain market share.

Bottom Line : “There is indefinitely more to a partnership than pricing alone.”

Beware of – “Dirty Deeds Done Dirt Cheap!” (not referring to the AC/DC top hit single released in 1981)

Many buyers today may perceive extremely low selling prices as a higher investment risk. This is due to the sellers increased motivation to get your attention. As experienced businessmen, we know that tactics such as this reflect poor conduct and always result in a bad ending.  So don’t fall for the “low ballers” who entice you with unrealistic prices and jack them sky high proceeding your next order. Our advice to you, “be weary of dirt cheap pricing, it usually means poor quality or substantial price increases in the near future.”

 

Being bound to high business morals and ethical values, we frown upon these devious types of allurements, and will not mislead you in any way. Grandeur promises to consistently provide you with our best pricing possible, while communicating market trends on new orders.

So spend a little time digging in to what Grandeur Fasteners is all about, your time will be well worth the investment.

       4. Customer Service = Customer Relationships

You will not find better service anywhere else, period.

As a customer driven business, Grandeur is dedicated to meeting your needs in every aspect. We believe that excellent customer service is the building block for long lasting business relationships, and is one of the most important aspects of maintaining a positive rapport. Working diligently with our entire customer base has led to years of successful business relationships, and we’re always looking for more. Here a few characteristics of how we employ our customer service program.

  • Customer Service Matters!
  • Customer Service Reduces Problems
  • Customer Service Strengthens our Brand
  • Customer Service Opens Doors for New Opportunities
  • Customer Service = Lasting Customer Relationships

Our manufacturing serves multiple 20+ year returning customers, which is proof that we go out of our way to meet their needs. When a problem arises, our customer service team is there to help, and we are always striving for improvement.

        5. Domestic Manufacturing

Grandeur Fasteners is a 100% domestic manufacturer. Though we offer outside sourcing solutions when requested, all of our products are made right here in the U.S. We love to support domestic manufacturing and aim to provide everything we can for fellow American companies.

Domestic manufacturing has made leaps and bounds recently over foreign outsourcing. Our improved process capabilities, excellent quality, material acquisition methods, and unmatched expertise are clear indicators of the type of domestic products you will receive from Grandeur Fasteners.

If you have questions whether Grandeur is the right supplier for you, call us today and let our engineering team evaluate your custom cold headed needs.

America

 

Author

By: Derrick Pledger

Inside Sales and Marketing
Phone: 479-489-5168
Grandeur Fasteners, Inc.
sales@grandeurfasteners.com