Enhancing Supply Chain Resilience through Internal Manufacturing Opportunities

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Do you have supply chain resilience concerns? Are you struggling to find suppliers? Or are you dissatisfied with the ones you have? Or, perhaps you’re thinking about manufacturing a product or products in-house, rather than purchasing from an external supplier? 

Through technology scouting, we enhance supply chain resilience by uncovering internal manufacturing opportunities that organizations might not have considered and positioning our clients for growth.  

Since 1956, family-owned company VT Industries has been making commercial and residential doors and countertops. Historically, the company sourced the fireproof core for its commercial doors from an outside supplier. Yet, VT was unhappy with the product quality and availability. The company wanted to explore the possibility of manufacturing its own fireproof door cores.

We collaborated on a technology scouting project with the Iowa State University Center for Industrial Research. The Center was advising VT Industries on internal operations and supply chain resilience. After researching and identifying materials with the greatest potential, we conducted due diligence and recommended two options. Using one of the options we recommended, VT Industries developed a proprietary formulation and manufacturing process based on it.

Our technology scouting ensured that VT Industries understood potential materials available. Our strategic advising resulted in significant economic and financial impact. VT Industries invested $10 million in a new plant and hired 12 skilled professionals. The new hires manufactured the material to use in their fireproof doors. In addition, they sold the material in the construction industry. The estimated impact of the project was $24 million over three years. This included $2 million in new sales in the first year.

We can work with your manufacturer to uncover opportunities for growth. Get in touch to learn how.

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