In today’s competitive business landscape, staying ahead requires constant innovation and adaptability. At Harness Master Wiring Systems (HMWS), we understand this well and have taken significant measures to develop our state-of-the-art vertically integrated manufacturing process.
Our transformative approach allows us to exercise greater control over quality, cost efficiency, and supply security, ultimately ensuring the best outcome for our partners. In this article, we’ll explore the capabilities of the HMWS vertically integrated manufacturing process and how our commitment to excellence drives success for our clients.
The rise of vertical integration
The arrival of the global pandemic took a toll on businesses worldwide, revealing vulnerabilities in global supply chains and highlighting the need for increased resilience and efficiency. A study by Ernst & Young LLP showed that 100% of automotive respondents and 97% of industrial product companies experienced a negative effect from the pandemic. As a result, businesses are prioritising greater supply chain visibility, efficiency, and resilience as they navigate the future.
“With the need for increased visibility across typically hundreds or thousands of suppliers, we are already seeing a shift from linear supply chains to more integrated networks connecting many players,” explains Sean Harapko, Ernst & Young LLP (EY US).
Some of the largest global operators have recognised the importance of vertical integration in mitigating supply chain issues.
As industry leaders we have implemented vertical integration into our business to deliver excellence at every step. By bringing multiple stages and layers of production into this system, we can guarantee that every aspect adheres to our stringent quality standards. From raw material acquisition to final assembly, our ISO 9001:2008 certified manufacturing capability ensures consistency and excellence.
Vertical integration also allows us to remain resilient to shifts in the economic climate. We are insulated[AL1] from supply chain issues, which ensures our partners have the utmost confidence in our ability to deliver consistently and on time.
“Vertically integrated companies are intrinsically more able to adapt and capitalise on new opportunities. Close control of the design and manufacturing process can enable more agile processes that cater for quick turnarounds or changes in demand,” explains Jasper Zeelenberg from inventory software platform Retailisation.[AL2]
One of the key advantages of our vertically integrated approach is that it enables us to access the diverse range of capabilities we possess in-house. Our comprehensive manufacturing capabilities enable us to cater to the unique needs of our clients and customers. We develop solutions that meet the unique needs of different partners across a range of industries. Across our manufacturing divisions of Metal Fabrication and Assembly, Wiring Harness and Injection Molding, and Tool and Die, we have the capability to create diverse solutions.
From prototypes to full-scale production, we can efficiently deliver solution-based products tailored to meet the diverse needs of our global customers. This flexibility enables them to respond quickly to market demands, providing timely solutions and maintaining a competitive edge. The synergy between each process results in exceptional solutions that create efficiencies, reduce downtime and ensure smooth and effective business outcomes.