How to transition your supply chain out of China?
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Glovendor’s USA Procurement Network
200+
Product & Shipping Vendors across 6 Verticals
15+
Sourcing Agents across 12 States
99%
Project Success Rate
Overview
In the United States, manufacturing accounts for $2.3 trillion in GDP, employs 12 million people, and supports hundreds of local economies. Although that represents just 11 percent of US GDP and 8 percent of direct employment, the sector makes a disproportionate economic contribution, including 20 percent of the nation’s capital investment, 35 percent of productivity growth, 60 percent of exports, and 70 percent of business R&D spending.
Trends
AI & automation have started to play a bigger role in US manufacturing and supply chain.
With the increased geopolitical risks with China, many US companies are looking to start sourcing locally.
Made in USA trend is continuously gaining momentum.
Benefits
Shorter lead times for domestic clients
Affordable for low value/low quantity orders for domestic clients
Higher product quality
Top talent and manufacturing machinery
Superior quality control and compliance
Lower shipping costs for domestic clients
High labor, safety, confidentiality and ethical standards
Better customer service
Made in USA brand value
Risks
Very high product costs
Delays due to labor shortages
Lower availability of materials
High amount of bureaucracy
Long credit approval cycles
Top Products
Chemicals
Pharmaceuticals
Medical
Oil & Gas
Food & Beverage
Machinery
Technology Products
Sporting Goods
Verdict
In conclusion, the USA is a great option for you if cost is not an issue and quality and compliance are your first priority. The USA could also be the right choice for you if the Made in USA label is important for your market or you are manufacturing a product which the USA excels at like medical devices, technology products, food & beverage, and so on. It is always a good practice to diversify your supply chain for reduced risk.
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How to find the right manufacturing partner?
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© 2022 Glovender Corp. All rights reserved