Manufacturers are always looking to improve profitability and moldmakers are no different. Yet, according to Jim Hensiek, director of business development for Creative Blow Mold Tooling (Lee's Summit, MO), most companies are missing out on an important opportunity for improved profitability simply because they are unaware of the profit contributions their supplier can bring.
"At Creative Blow Mold Tooling, it's all about building our relationships, growing the partnership that results in an effective supply-chain timeline for our customers," Hensiek said. "If we can help make our customers more profitable, generate a greater ROI and beat the expectations of the marketplace, that's what we do and what we're about."
The goal for manufacturers is to develop a supply chain that maximizes their success in the market. For OEMs that produce plastic products or plastic components for their products, the mold manufacturer is the lead vendor. Not only is it critical for the OEM to have its supply chain in alignment with schedules (product release dates, etc.) and financial goals, but it's just as critical for the mold manufacturer to have the links in its supply chain functioning on-time and on-budget.