News & Blog
From Prince Manufacturing
and Contract Fabrication Industry
News & Blog
We are staying up to date with everything that is happening in the contract manufacturing space. On a regular basis, we follow the industry-leading developments and report it here for our customers and readers.
- Company News
- Contract Manufacturing Press Release
- Industry News
As a systematic way to increase efficiency and better please customers, lean principles run counter to traditional mass-production practices. Yet, they allow small and medium businesses to consistently increase quality while decreasing costs. They emphasize key objectives like simplicity, flow, and balance. Companies large and small can leap over their competition by understanding and implementing this highly efficient system.
In the interest of avoiding unnecessary inventory storage and management, many assembly plants take advantage of Just in sequence (JIS) manufacturing. This process is highly specific and detailed, but assembly lines minimize wasteful buffers by utilizing this streamlining technique.
Optimizing supply chain management is no longer just a mere business function. It is a vitally important business process. Manufacturers and producers miss out on substantial profit potential by overlooking key steps to simplify, shorten, and optimize. This is what you need to know to maximize the potential of your end-to-end supply chain.
More jobs are coming to the United States from an unlikely source – China. Typically known more for competing with the United States for jobs, there has been a recent slurry of manufacturing leaving China headed for more profitable shores. It seems rising wages and fuel costs are driving the shift to a large extent. […]
US President Trump’s tariffs on foreign steel and aluminum imports recently went into effect, leading some to ask what comes next for steel prices. Will the tariffs benefit the average American worker? Or will the new cost of steel inputs hurt American manufacturing jobs? Will steel prices remain stable, rise slightly, or spike? Will the net effect be positive or negative for the US economy?
When it comes to industrial coatings, making the right choice can be a daunting task. Yet each method has its own unique advantages and function. Some options may not be right for you. While there are many different types of industrial coatings to choose from, understanding the costs, savings, benefits, and liabilities associated with each […]
Intellectual property is among the most valued assets companies today can have. Developing, protecting, and deploying this property is essential to success. Fortunately, Mexico has a history of detailed protections, effective enforcement, and an environment that inspires investor confidence. Companies seeking to manufacture in Mexico should take steps to adequately understand the way intellectual property protection in Mexico works, and how they can most benefit from these protections.
What is Mexico’s relationship to manufacturing? How affordable is manufacturing in Mexico? And what legal framework governs import/export manufacturing in this Latin American country bordering the world’s largest consumer market? This overview will answer these and other questions, showing how and why Mexico came to be a manufacturing powerhouse and outsource location of choice for many of the world’s most prestigious companies.
Tapping into a multi-billion-dollar industry is not an easy thing to do, but becoming a military supplier is a very real possibility for many manufacturers. And while it does involve persistence and dedication, the payoff can include a secure stream of business in a secure and growing industry. There are numerous aspects to consider to […]
Of the many choices companies face when producing products, outsourcing manufacturing ranks among the most difficult and confusing. There are numerous benefits from utilizing manufacturing outsourcing services in many cases, but there are also pros and cons to be considered. Furthermore, there are numerous ways to outsource, and not all of them make sense in […]
The Process of Metal Stamping Metal stamping transforms metal sheets into various shapes and sizes using dies and presses. The most common presses used in metal stamping are mechanical, hydraulic and servo-mechanical. There are several tooling techniques that can be deployed depending on the application, volumes and part complexity. The advantages of utilizing the best […]
The process of successfully submitting military manufacturing bids can be long and daunting. But it doesn’t have to be. Ultimately, the entire procedure can be summarized in five simple steps that we will detail below. The Need for Military Manufacturing The United States defense industry relies heavily on US companies for military manufacturing. And this […]
On occasion, we release press announcements via various press release outlets. For the convenience of our contract manufacturing community, we also publish these press releases here on our website.