CONWAY, Ark., November 27, 2018 – Central Tube and Bar has expanded their Conway facilities to include a new 72,000-square-foot facility in addition to their existing corporate headquarters and fabrication facility on Middle Road. As part of the new expansion, Central Tube and Bar has also added a new BLM LT7 tube laser, the company’s 7th laser.
Central Tube and Bar is pleased to have earned a prestigious ISO 9001:2015 certification, underlining the company’s commitment to high quality tube and bar products and innovative technologies. Previously certified under the ISO 9001:2008 standards, Central Tube and Bar underwent an extensive audit by Perry Johnson Registrars, Inc. to meet the updated 2015 ISO certification standards that now include more customer and industry focused requirements.
OEMs and service centers have definitely changed their business model over the past few decades. There are still a few large factories around, but most companies prefer to have a leaner operation these days to keep their costs down, and outsource their parts and materials to companies that can do the job faster, and at a lower cost.
OEMs and service centers are under constant pressure to keep their per-unit costs competitive without raising prices. What this means is that the only way to improve their profitability is finding ways to lower their manufacturing costs, order turnaround times, or, ideally, both.
Most OEMs and service centers understand the pressure to increase both productivity and growth to stay competitive. If your operation is too bulky and your profit margins are too tight, your business will suffer. That’s why an increasing number of manufacturers are looking to lean manufacturing as a means of doing more with less.
Since the advent of industrialization, there have been a lot of systemic changes as manufacturers got more experienced, and developed numerous ways to improve efficiency over time. The machines got increasingly more sophisticated, and the operators became increasingly more efficient through experience.
Most OEMs and service centers operate with razor thin profit margins to stay competitive, and the only choices that they have to increase their profits are to raise their prices, and potentially alienate their customers, or lower their manufacturing costs. The temptation is very real to take a chance on an overseas manufacturer when it comes to their part orders, but as anyone who has ever dealt with an offshore supplier will tell you, their small savings are often accompanied with large inconveniences.
Have you ever felt lonely? There’s nothing like having a great idea and the right combination of drive and resources to turn it into an honest-to-goodness business. But one of the drawbacks of success is that if your great idea is unique enough, you don’t have a lot of peers that you can turn to for advice or words of encouragement.
Manufacturing has changed tremendously in America over the past 50 years. The days of huge factories with equally huge workforces are long gone, and today it’s all about doing more with less, and working with increasingly tight manufacturing budgets. Many American companies have resorted to outsourcing to cut costs on manufactured goods.
If you’ve been ordering your materials from offshore suppliers to cut the costs of producing OEM components, you’ve likely discovered that your savings come at a price. High scrap rates, malformed parts, and communication difficulties are just part of the struggles that you could experience.