Unfortunately, there are times when you have to move on from a current supplier. Maybe your volumes got too high for them to handle, too low for them to be profitable, there is a dip in overall quality, or they just told you they are closing down. Maybe it is as simple as diversifying your vendor base more. Regardless of the circumstances, making changes during production can seem intimidating and set you up for supply chain delays.
There are three big topics to consider before a stamping takeover:
the old vendor, the new vendor and the tooling. Each topic is crucial to making the right move as efficiently as possible.
Let’s begin with reviewing the current vendor, or the vendor you are moving away from. It is important to review the issues you had with this company so you can ensure that they will not continue with the new supplier. Think about the reason(s) you chose to leave. What can you emphasize and communicate to your new potential vendor so the same problems do not continue?
Next, there are aspects of your new supplier that you want to evaluate as well. Make sure to communicate to them about your current process and standards. A good vendor will look for ways to improve your process and save you money if there are changes that can be made.
Finally, you need to consider the tooling, which is the most important aspect of a takeover. You don’t want to switch to a new vendor without fully analyzing your tooling and what it will take to transfer it over to them.
Communication is the key to a successful stamping takeover. Being clear about the timeline, expectations and standards will allow for a smooth transition. Make sure you have enough information in order to get a quote or budget for the project.
This should be enough info for a supplier to get some part costing together, subject to the assumptions that were made due to missing info in the quoting phase. However, there are some issues that can hinder an accurate quote.
What if you do not have any of this information but you still need help? Try asking your prospective vendor how they have handled similar situations in the past. If they are going to have any chance of helping you make a smooth transition, they should be able to convey a game plan to you.
If you would like our help resourcing your stamping please contact us at wisconsinmetalparts.com or call us at 262-524-9100. We are here to help you remain competitive and spend your money wisely.
At Wisconsin Metal Parts we welcome challenges!