Buyers of injection molded components are continuously faced with pricing challenges, they must provide to their customers the absolute lowest cost for injection molded components, and that begins with the cost of the tool. Investment into the plastic injection mold is often the largest up-front costs injection molders face, and this price can make or break a contract with an OEM seeking the lowest cost world-wide.
Today’s global economy is far different than two and especially three decades ago, prior to NAFTA and the mass sourcing of manufactured parts to overseas companies. The cost difference is not as steep as it used to be with offshore companies rising to the occasion, improving their supply chains and quality systems and their overhead along with it. There are still some attractive cost strategies to be used, however, if you have the right connection and know how to go about sourcing with offshore companies.
Where to Begin Sourcing an Off-Shore Injection Mold Maker
It can be overwhelming trying to figure out how to get started working with an offshore company, specifically a mold making company in China. Without proper planning and implementation, the endeavor can end up costing you more than it should.
You are sourcing overseas to save money that you can pass on to your customers, you surely don’t want to invest more into it that you will get in return. In many cases, having an overseas source for molds determines whether you get the contract or not. It is not an option of whether you have a mold maker in China, it is a necessity and the only question is how to go about it.
Domestic Sourcing Provides Return on Investment
Rather than try to contact a Chinese company directly, or use a broker to help you, working with a domestic mold maker with partnering companies in China gives you quick return on your investment. With a domestic provider, you do not have to worry about the language barrier, currency conversions, lead times and most importantly – the quality of the tools you are sourcing.
Michiana Global Mold is a domestic mold making company with a partnership in China, providing full-service overseas injection molds, headache and hassle-free to you. We take care of everything from the language barrier, quality concerns and lead times, giving you one point of contact in our US location to fully coordinate all aspects of your tool build.
Both of our mold making facilities in the US and in China are registered to ISO 9001, following a strict quality policy to provide tools to your specification. We use only North American or German steel, and provide sample parts and all final inspections from our US location.
We have vast experience with all types of tools including prototypes, insert cavities, three-plate tools, hot-runner tools and shuttle molds. Download our FREE Guide to Sourcing Your Tools in China, and let Michiana Global Mold provide you with domestic support and offshore pricing.
Michiana Global Mold is a leader in plastic injection mold making, serving the Automotive and various industries since 1964. We offer high-quality, precision tooling from our domestic or overseas location, on time and to your specifications. Contact us today to learn more about our offshore mold making capabilities.
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