Manufacturing plastic injection molded components in-house as part of a customer's end product can prove to be a significant challenge from an efficiency, quality, and cost perspective.Many companies have seen the relative ease with outsourcing and have decided to incorporate that process into their business model.Over the years, Rodon has garnered many of our largest customers who were doing their best to manufacture their injection molded components in-house, but found the process too problematic and inefficient.
Why Outsource Your Plastic Injection Molding?
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Cost Savings
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While a small part may seem easy to make, it is what you don't see that makes the difference.Detailed specifications require sophisticated infrastructure and expertise to manufacture. Those specialized skills and machines take a financial investment, for which many aren't prepared.Leveraging someone else's investment in startup, operations, and maintenance costs is one of the main advantages of outsourcing.
Improved Quality
When a business practices a craft over many years, there is a clear difference in quality compared to novice companies.It also takes a team of experienced people trained in different disciplines, such as design, engineering, tooling, operators, equipment, and support to ensure that everything from the design to the manufacturing to the quality testing is done to spec and in accordance with quality best practices and standards.Having seamless processes, minimal rejects, and high-quality production is the by-product of experience.
Streamlined Inventory
Having adequate inventory for unforeseen demands can prevent supply chain interruptions, missed deadlines, and unhappy customers.However, keeping surplus inventory also comes at a cost for warehousing.Choosing an experienced plastic injection molding contractor experienced in demand-driven planning capabilities means that they can provide what you need when you need it and at a reasonable price.
Economies of Scale
Volume is critical to realize economies of scale.Startup injection molding setups often don't have the personnel or capacity to fill large requests, nor do they have the critical supplier relationships necessary to drive prices down for large material orders.
Experience
There is more to plastic injection molding than manufacturing the part.There is resource planning, project management, quality assessment, packaging, and distribution, to name a few.If you decide to bring your manufacturing in-house, you must still adhere to the same rigorous standards you would expect from an experienced outsourced manufacturer.That can be a difficult standard to reach and maintain as a startup.
Focus on Core Competencies
Outsourcing your plastic injection molding allows you to continue doing what made you successful in the first place without additional staff, training, and infrastructure.Continue to focus on your core competency and let your outsourcing company focus on theirs.
Avoid Risk
The high initial investment to start your own injection molding operation is already daunting.When you consider that you are dependent upon order volume, demand, sales, economies, and other metrics that can influence your business's return on investment, that adds a considerable level of risk.Outsourcing transfers that risk to the manufacturer.
Faster Start-Up
Outsourcing your manufacturing saves you the time and cost to set up an injection molding shop.Why reinvent the wheel when so many domestic manufacturers have already done it for you?
Outsourcing Trends
Increased automation of tasks:Time-consuming, repetitive tasks can easily be automated, freeing up employees for more value-added work, and saving time.
Focus on one set of tasks rather than multitasking:Diverting attention between multiple tasks erodes productivity and threatens quality.
Simplification of compliance:Outsourcing eliminates the need to comply with some regulations that would apply to full-time employees.
Increasing profit margins:Reduced overhead equates to higher profits.
Value > Cost Savings:A shift in focus on higher quality over lower price requires expertise and stringent standards.
Prevalence and growth:Empirical studies have shown that the value realized from outsourcing domestic manufacturing is driving more companies to outsource.
Plastic Injection Molding With Rodon
The Rodon Group has over 60 plus years of experience as an industry-leading manufacturer of injection molded components for industries including food and beverage, medical and pharmaceutical, construction products, displays, and window/door.We have over 118 injection molding presses in our facility.We provide the highest-quality custom design, tooling and manufacturing solutions using our superior material knowledge, specialty sourcing, and state-of-the-art technology.
Learn more about our plastic injection molding capabilities in our eBook, "5 Advantages of Outsourcing Your Plastic Injection Molding." If you have any questions or would like to request a quote,contact ustoday.
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