{"id":2314,"date":"2021-09-09T11:17:26","date_gmt":"2021-09-09T15:17:26","guid":{"rendered":"https:\/\/dateccoating1.wpengine.com\/?p=2314"},"modified":"2021-09-14T11:16:38","modified_gmt":"2021-09-14T15:16:38","slug":"overcoming-supply-chain-disruption","status":"publish","type":"post","link":"https:\/\/dateccoating.com\/old\/blog\/overcoming-supply-chain-disruption\/","title":{"rendered":"Overcoming Supply Chain Disruption"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignright wp-image-2315\" src=\"https:\/\/dateccoating.com\/old\/wp-content\/uploads\/2021\/09\/Picture3-300x188.jpg\" alt=\"Supply Chain Disruption\" width=\"440\" height=\"276\" srcset=\"https:\/\/dateccoating.com\/old\/wp-content\/uploads\/2021\/09\/Picture3-300x188.jpg 300w, https:\/\/dateccoating.com\/old\/wp-content\/uploads\/2021\/09\/Picture3-1030x645.jpg 1030w, https:\/\/dateccoating.com\/old\/wp-content\/uploads\/2021\/09\/Picture3-768x481.jpg 768w, https:\/\/dateccoating.com\/old\/wp-content\/uploads\/2021\/09\/Picture3-705x442.jpg 705w, https:\/\/dateccoating.com\/old\/wp-content\/uploads\/2021\/09\/Picture3.jpg 1430w\" sizes=\"(max-width: 440px) 100vw, 440px\" \/>Supply chain disruption can cause businesses to lose contracts, money and clients. COVID-19 has led to significant shipping delays and component shortages across North America. Companies are experiencing a global supply chain buckling spread among all industries, although it&#8217;s <a href=\"https:\/\/www.whitehouse.gov\/cea\/blog\/2021\/06\/17\/why-the-pandemic-has-disrupted-supply-chains\/\">expected<\/a> that the issues will be <em>transitory<\/em>. Multiple component shortages are holding back manufacturing, including a shortage of heating components.<\/p>\n<p>The results are:<\/p>\n<ul>\n<li>Longer wait times to fulfill orders<\/li>\n<li>Increased shipping times and costs<\/li>\n<li>Lost business<\/li>\n<\/ul>\n<p>Overcoming the supply chain disruptions requires a new approach to how businesses source their components.<\/p>\n<h2>How to Navigate Current and Future Supply Chain Issues?<\/h2>\n<p>The National Federation of Independent Businesses reports that a staggering <a href=\"https:\/\/www.nfib.com\/content\/press-release\/coronavirus\/new-nfib-covid-19-survey-staffing-shortage-causing-loss-of-sales-for-some-small-businesses\/\">62%<\/a> of business owners anticipate the supply chain disruptions continuing to impact their businesses. Shortages hit numerous industries hard, including construction, computer chips, auto manufacturing, electronics and lumber.<\/p>\n<p>Adapting to these issues requires:<\/p>\n<h3>Working With Local Suppliers in North America<\/h3>\n<p>North American companies <em>should<\/em> begin working with local suppliers that maintain operations in the US or Canada. <a href=\"https:\/\/dateccoating.com\/old\/\">Datec Coating Corporation<\/a> runs a design and manufacturing unit in Canada to supply heating components and technology that:<\/p>\n<ul>\n<li>Ontime manufacturing and supply<\/li>\n<li>Ensures minimum component supply<\/li>\n<li>Fewer business disruptions<\/li>\n<li>Lower costs<\/li>\n<\/ul>\n<p>With floods in Europe and issues in Asia, shipping costs have increased along with delays. Sourcing locally reduces dependence on overseas shipments, which account for <a href=\"https:\/\/www.oecd.org\/ocean\/topics\/ocean-shipping\/\">90%<\/a> of all traded goods.<\/p>\n<p>Local suppliers, like Datec, can manufacture and supply components faster and more efficiently to North American companies by shipping via air or roadway.<\/p>\n<h3>Audit and Remove Weak Supply Chain Links<\/h3>\n<p>Supply chains always have their weak points. Businesses should continue to audit their supply chain routinely to find weak links that may have:<\/p>\n<ul>\n<li>Longer shipping times<\/li>\n<li>Higher costs<\/li>\n<li>Consistent disruptions<\/li>\n<\/ul>\n<p>Working with multiple suppliers can help you better safeguard against supply chain disruptions today and in the future.<\/p>\n<h2>Benefits of Working with Local Suppliers<\/h2>\n<p>Shifting your company&#8217;s mindset away from the cheapest supplier to country-of-origin can help improve the supply chain in numerous ways:<\/p>\n<ul>\n<li><strong>Reduce costs<\/strong>. Spend less on logistics, save money on shipping and reduce costs by sourcing locally. You can also reinvest the savings back into your business.<\/li>\n<li><strong>Greater control<\/strong>. You can visit local suppliers, build long-term relationships and ensure that manufacturing is up to your business&#8217;s standards. You gain a lot more control over your business&#8217;s supply chain when you choose local suppliers.<\/li>\n<li><strong>Dependable routing<\/strong>. A shorter supply chain dramatically reduces the potential disruption due to transit delays.<\/li>\n<li><strong>Improve your local economy<\/strong>. Sourcing from local companies <em>improves<\/em> your local economy. You&#8217;ll be ensuring that your money boosts the revenue of local suppliers that can hire locals and spend more money in your area.<\/li>\n<li><strong>Reduce environmental impact<\/strong>. Your business can reduce its environmental impact and carbon footprint by lowering the travel times of goods by sourcing locally. In turn, you&#8217;ll boost consumer confidence and brand awareness.<\/li>\n<\/ul>\n<p>COVID has made supply chain weaknesses apparent for businesses worldwide. When you begin partnering with North American suppliers, you&#8217;ll improve your supply chain, reduce shipping costs and time, and enjoy greater control by being able to visit manufacturing facilities in person.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply chain disruption can cause businesses to lose contracts, money and clients. COVID-19 has led to significant shipping delays and component shortages across North America. Companies are experiencing a global supply chain buckling spread among all industries, although it&#8217;s expected that the issues will be transitory. Multiple component shortages are holding back manufacturing, including a [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2315,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Overcoming Supply Chain Disruption | Datec Old Website<\/title>\n<meta name=\"description\" content=\"Supply chain disruption can cause businesses to lose contracts, money and clients. 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