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Supply Chain

Vietnam’s Economic Transformation: A Rising Star in Southeast Asia

Vietnam has made remarkable strides in transforming its business environment over the past two decades, positioning itself as one of the top ten economies globally to undergo substantial reform. According to the Economist Intelligence Unit, Vietnam's business environment rankings have significantly improved from 2003 to 2023, reflecting its proactive approach to growing its economy.
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Supply Chain

What to Look For in Your OEM Supplier

Choosing an original equipment manufacturing (OEM) supplier can be a challenge if you’re unsure of where to start the search. However, one thing is for certain: You require high-quality products. Regardless of price, if the component you hire an OEM supplier to manufacture is faulty, your business will not only suffer in revenue, but also in reputation.
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Manufacturing

Squeeze Casting vs. High-Pressure Die Casting: The Velocity Factor

At a high level, casting is a manufacturing process in which a liquid material — usually a metal — is poured into a mold that contains a hollow cavity in the shape of the desired product or component. From there, the material is left to solidify.
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Manufacturing

Is It Time to Reassess Your Supply Chain Optimization Strategy?

Supply chain optimization is a strategy made up of practices and procedures that aims to create an optimal, cost-effective operation for manufacturing and distribution companies.
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Manufacturing

Decades in the Making: The History of VPIC

For the last 30 years, VPIC Group has been committed to customer satisfaction by consistently listening to customer needs, investing in the latest technology and staying up to date on industry trends. This commitment has allowed us to develop long-term working relationships with many world-class customers in powersports, automotive, healthcare equipment and many other industries located throughout the globe and especially in North America, Europe and Asia.
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Manufacturing

What Are the Procurement Steps in Supply Chain Management?

A procurement process is defined as a series of steps that a business or organization creates and follows to obtain the goods, components, products or services that are necessary to complete their goals and objectives. The process is not specific to any one industry, but rather a necessary aspect that aids in the optimization of operations.
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Supply Chain

Vietnam Manufacturing Set to Thrive Amid U.S. Tariffs on Chinese Goods

As the United States imposes new tariffs on Chinese products, the global manufacturing landscape is shifting, with Vietnam emerging as a significant beneficiary. These tariffs, aimed at reducing China's economic dominance, are pushing companies to seek alternative manufacturing hubs. Vietnam, with its strategic advantages, stands ready to capitalize on these changes.
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Supply Chain

4 Ways Procurement Impacts Your Supply Chain

At a high level, procurement is the act of acquiring goods or services as part of a business’s operations. Because many businesses rely on procurement to function, procurement and procurement processes require a significant amount of resources to manage.
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Supply Chain

The 4 Most Common Automotive Supply Chain Issues Revealed

The automotive supply chain is one of the most complex in the world. Each vehicle is made of tens of thousands of parts, which are procured from thousands of suppliers, and each part is manufactured from a number of raw materials. With the incorporation of digital technology, which has experienced shortage issues of its own, automotive supply chain issues are more and more common.
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Supply Chain

What Is Robotic Welding and How Does it Work?

According to a Business Wire report, by 2026, the robotic welding market is projected to nearly double from a 2018 value of $5,450.5 million to $10,784.4 million. There are a number of key drivers behind the expansion of robotic welding. First and foremost, industrialization is growing at a rapid pace throughout the world, especially the automotive and metal industries. There is also an increase in customer demands, and many manufacturers can’t keep up.
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