According to a research brief published by E2Open, the top two reasons for outsourcing manufacturing are, to reduce manufacturing costs and relying on third parties for manufacturing expertise.
While for those looking to cut out the middle man and start composite manufacturing in-house, there are loads of benefits. Namely, cutting costs.
At SMI Composites, we’ve decided that taking everything to an in-house production process is key to success. Here are our top benefits of in-house production in composite manufacturing.
Shorter Turn-Around Timings
We had to create all our custom engineering solutions to ensure we could produce our carbon fiber in-house.
SMI Composites were required to create specialty tool designs. Creating our own tools for carbon fiber is not the norm and allows us to be more flexible and versatile than our competitors.
Did you know that carbon fiber is five to ten microns in diameter? It’s this tiny scale that requires us to create specialist tools.
But being able to create our own tools allows us to produce your desired item faster, even from a conceptual level. But everyone has their own unique needs that need to be met.
Easier Customization For Clients
As we mentioned, our team has been able to create our own custom tools. These specialty tool designs mean we can easily customize jobs for clients.
Being able to tailor our offering means we can create a unique demographic for your services. Which would mean you’re the only go-to source for certain services. And being able to customize items means that the sky is the limit on what you need to be produced.
Cost-Effectiveness And No Minimum Orders
One of the most significant hurdles for clients is that they need to commit to purchasing a minimum number of orders. This can increase the cost significantly. Not to mention that as materials go, carbon fiber can be priced at a premium.
With in-house production, you can produce the exact number of needed composite items. In turn, this can save a lot of money.
Prototyping And Quick Testing
When creating carbon fiber products, you are often operating on the outer limits of design and function. Due to its lightweight and strength, applications for carbon fiber are limitless. For those looking to release a new product onto the market, timing is everything.
If you’re having to drag your feet due to production issues, you can miss your opportunity to release a product that will take over the market.
This shift in the market is our next reason for going in-house for composite manufacturing.
Changing For Demographic Composites
Being able to pivot and change your composite item can mean you can seize the opportunity. Usually, changing a product will take months, by which time you’ve missed the opportunity.
But working with a company that has taken their production in-house means they’ll be able to change production.
Also, without having to take the usuals channels to change products will be cheaper and quicker. Due to the fact, there are fewer people to convey messages.
After all, more people involved in the production process means there’s a more considerable risk of miscommunication.
Time To Go In-House With Composite Manufacturing
When you’re ready to venture into the world of composite manufacturing, you should select a specialist that does it in-house.
So, you can reap the rewards of in-house composite manufacturing.
