The Challenge
Over the past few decades there was a trend amongst some engineering buyers to move volume production overseas to benefit from their lower labour costs.
It was an understandable temptation and, in some cases, the economics were undeniable – but the tide is changing for a number of reasons.
Transport costs have increased, as has the pressure for reduced lead times. As a result, the logic and economics of shipping components from the other side of the world are ceasing to make sense.
Exchange rates fluctuate, and what made good economic sense 5 years ago doesn't necessarily look the same today.
The Solution
UK manufacturers such as MRT Castings have developed, specialised, invested and grown.
As a result, we are in a much stronger position to compete on the global playing field despite western labour costs. Increased use of automation, the latest technology, world-class manufacturing and other productivity gains have helped us to reduce the differentials between the UK and lower-labour cost competitors.
Overall, sourcing your components closer to home gives you far greater control and confidence.
MRT are seeing a growing number of UK and European customers bringing production back from the Far East, and we're eager to support the movement.
So, if you're currently sourcing castings or machined components from overseas and would like to re-evaluate your options, get in touch. We promise we won't say “I told you so”!
I WANT TO DISCUSS... RE-SHORING PRODUCTION TO THE UK FROM OVERSEAS
Please fill in your details below and we will contact you as soon as possible to discuss your requirements
HOW can MRT Castings help you?
I want...
- Select what you need
- a complete solution
- to develop a new component from initial concept
- advice on what processes are best suited to my component
- prototypes before committing to production tooling
- to re-shore production to the UK from overseas
- a new supplier to use existing tooling
- to convert a machined from solid part to a casting
- a supplier who can meet stringent quality requirements
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