Sourcing

As global markets continue to evolve, manufacturers are seeking diverse sourcing options to optimize their supply chains. MESH Works is a cloud-based, online database of manufacturers that allows sourcing and procurement teams to easily find and qualify new suppliers in different parts of the world across a range of industrial manufacturing processes and commodities. Following

Nearshoring occurs when a buyer receives products from a supplier that is near the country in which their company is located. In the United States nearshoring would consist of obtaining products from either Mexico or Canada. The concept of nearshoring, particularly sourcing in Mexico, has been a topic regularly discussed on North American supply chain

Forging Explained The metal forging market is divided into open-die, closed-die, and ring forging. In 2022, the open die segment dominated the metal forging market in revenue. Open die forging is suitable for forming simple components, such as sleeves, flats, rounds, hexes, discs, shafts, hubs, blocks, cylinders, and other custom shapes. Since it uses an

What is a sourcing audit? Sourcing in today’s complex marketplace can be overwhelming for any buyer. The challenge lies in identifying reliable suppliers, evaluating their capabilities, and building trustworthy relationships. In response to these hurdles, sourcing audits for procurement are crucial to streamline procurement and ensure the highest quality standards. This article explores the benefits

According to EuroGus and Redstone Manufacturing, just over 100 die casting foundries exist in Mexico. The top aluminum die casting manufacturers are Bocar Group, Nemak, Ryobi, Dynacast, and Pace Industries, with most of these bringing in $400 MM in sales. These companies specialize in and are competitive in high-volume applications and are primarily focused on

Sourcing is an information overload. The steps of the buyer processes are also meticulous and exhaustive: Buyers must be able to identify the exact pieces they need from multiple suppliers, be able to compare and contrast the products and locations of different suppliers, stay on top of their RFQs to each supplier, and be able