The enforcement of the new tariffs implemented by the current government administration is not a hypothetical scenario. As we saw under the brief imposment in March, many supply chain operations are not ready to meet the inflated costs. Seasoned industry observers like Laurie Harbour called it a “warning shot” and advised business to use the limited time available during this window to act. Later on this will save you from having to react.
The key to understanding why your business needs a domestic back up, is remembering all stages of business production that can be negatively affected. This includes pricing, delivery times, and supply chain disruption. This month of relief allowed after the backfire is not just temporary relief, it is the opportunity to secure domestic suppliers and avoid gambling on your security. Supply chain disruption at some point is a guarantee based on the recent pandemic, geopolitical shifts, and logistical bottlenecks.
The Window is Narrow and Now
Finding and partnering with a domestic supplier is not just risk management, it builds resilience. The shorter shipping distances and axing border hold ups allows for real time communication that foreign suppliers can not provide. Planning for that transition now will allow business to adapt rather than scramble.
Moving to reshore is a proven strategy. Companies that show investing in U.S based supplier are protecting their margins and gaining credibility with investors and consumers. Meaning that when tariffs resume, the manufacturers who hesitated are lower priority if capacity is met. Businesses that use the pause wisley will already have relationships and pricing in place, with the ability to continue production without disruption.
Find the Right Fit
Take this time to strengthen your supply chain through building a relationship with a domestic plastic injection molding partner, with the ability to step in. At Marne Plastics, we work with trusted U.S based plastics injection molding companies, ready to outsource specific jobs.