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RESPONSIVENESS ~ FROM DESIGN TO DELIVERY™

  • Political and Security Risk with International Manufacturing

    When purchasing products from overseas there are many costs that businesses overlook. Included in these unforeseen costs are the costs associated with the political and safety risks of the country your supplier is located in. The Department of Commerce’s “Asset Cost Everywhere” site discusses in-depth the costs of utilizing an international supplier - specifically, the political and security risks with working with international suppliers in certain countries.

    This blog is the fourth in a series detailing the costs associated with international suppliers. Read more: 

    Trade Financing Costs

    Inventory

    Product Quality

    The US continues to be a stable and predictable environment for manufacturing. The US consistently ranks high among countries with the fewest political and security risks for businesses operating within their borders, for both the company and workers. The same can not be said for other countries that international suppliers are located in. 

     

    Political and security concerns risk disruption of normal business operations. Examples of political and security risks include war, terrorism, breach of contract and more. While the probability of these occurrences is low, it is an important consideration when determining if international outsourcing is right for your business and what extra measures need to be put in place to mitigate the risk of impact from these events. 

     

    War, Crime, and Disasters

     

    Wars, crime rates, and disaster risk are all issues that should be evaluated when determining if you want to partner with an international or domestic supplier. The physical safety of the employees you are outsourcing your work to is an important consideration. Costs can rise as companies need to adopt extra security measures to protect products and personnel in countries with a higher crime rate and security risk.

     

    The following map details security risks by country:

    Source: Economist Intelligence Unit

    In addition to crime and security concerns, another risk to evaluate is the risk of impact from a natural disaster. Natural disasters and epidemics are a concern for many businesses when working with an international supplier. The issue is not necessarily the probability of a natural disaster occurring but if the country your supplier is located in has the adequate resources to deal with the fallout from a natural disaster. If the preparedness and responsiveness of a country are inadequate, you could be looking at significant export delays or even loss of product after a disaster. 

    It is important to consider all costs and risks, including political and security risks, when selecting a supplier. Many times it makes much more sense to choose a domestic supplier over an international supplier from a safety perspective. Contact Custom Rubber Corp. to learn more about our services and capabilities that could fit your business needs and budget.  

    Posted Wednesday, September 30, 2020 by: Lydia Panko
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  • Custom Rubber Corp. continues to add new products and customers

    Custom Rubber Corp. continues to add new products and customers.  The website is a catalog of success - successes organized by industry and by application-product usage.  Some of the recent additions are in Automotive, Protective Cases, Rubber to Metal Bonding, Electronics, Round Gaskets and Seals, and more.

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  • More Part Examples Posted

    Custom Rubber Corp. has added two more part examples to the website.  Read on....

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  • Custom Rubber Corp. adds new Videos to YouTube channel

    Custom Rubber Corp. added five new videos to the company's YouTube channel.  All the videos will be used for instructional purposes during the shift-start meetings that take place every day. 

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  • Custom Rubber - Second Place, Educational Outreadh

    Custom Rubber Corp. won Second Place for the ARPM's Educational Outreach Award in late 2019.

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  • "Engineer for a Day" Tour

    On February 22, 2019, Custom Rubber Corp. hosted high school students for a day-long exposure to Engineering.  The event is organized annually by Cleveland State University and Custom Rubber Corp. has participated the last three years.  
    The tour event was also the first time Custom Rubber Corp. used a new audio tour guide system.  After winning a $750 prize associated with the "Educational Outreach" award from ARPM (Association for Rubber Products Manufacturers), CRC purchased a system of 10 receiving headphones and a microphone transmitter.  
     

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  • Custom Rubber Corp.'s Innovative Use of Vision Technology

    John Bellett presented at the Industry Benchmarking conference about Custom Rubber Corp.'s innovative use of vision technology, both for part inspection and also for mold safety. (Photo Courtesy of Creative Technology)

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  • Developing Next Generation

    Custom Rubber Corp. presented at the annual industry Benchmarking conference in Indianapolis back in October about their efforts to attract the next generation of folks to the manufacturing industry.

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  • Rubber News article: Custom Rubber Corp. hosts ARPM Tour

    The October issue of Rubber and Plastics News has a two page article discussing Custom Rubber Corp.'s approach to manufacturing employment and some technological investments the company has made.  The entire article is available here....

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  • Custom Rubber Corp. Tour

    On September 26, 2018, Custom Rubber Corp. hosted a tour of High School students from Warrensville Heights High School.  The students are in an Engineering and STEM class.  The students learned a bit about what makes manufacturing in general exciting and also some specifics about molding rubber.  At the end of the tour, the students were given a project....

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  • Custom Rubber - Building the Next Generation

    Custom Rubber Corp. is facing the same challenges many other companies are facing: Where can we find additional, dedicated employees who have some training?
    At Custom Rubber Corp., there is a movement to do something about it....

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  • Custom Rubber Corp Upgrades Quality Capabiltieis

    Custom Rubber Corp. has added significant quality inspection capabilities that utilize the latest in automated vision inspection equipment.

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  • Great Place to Work

    Custom Rubber Corp. released a new video sharing the experiences of employees.  Potential employees can watch to find out what kind of work environment Custom Rubber offers and see the type of work.  Custom Rubber Corp. is now hiring, $11.85 starting wage for night shift.

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  • Custom Rubber Corp. article in Inside Rubber Magazine

    Custom Rubber Corp. was featured in an article in the most recent Inside Rubber Magazine.  The article discusses the continuous improvement approach that Custom Rubber Corp. is taking with Mill Drills and Safety.

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  • Molded Round Seals / Molded Round Gaskets - How To

    Custom Rubber Corp. just updated and added information to the Round Molded Gasket / Round Molded Seals page.  The information includes the three primary ways to produce a round gasket or seal and what the advantages and drawbacks are to each.  Also discussed are three primary technical issues that are important to selecting the right type of round gasket and/or round seal.

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  • Colored Rubber Molding - How To

    Custom Rubber Corp. added content to its website with a host of information about molding colored rubber.  The information includes five reasons why Custom Rubber Corp. is one of the leaders in molding colored rubber products and four reasons why product developers, engineers, and companies in general should consider specifying a color other than black for their next rubber molded component. 

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  • Custom Rubber Grommets - How To

    When desigining a custom molded grommet, there are a number of things to consider.  Custom Rubber Corp. recently added detailed information regarding the issues or questions that need to be answered and an outline of how to work through the steps.

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  • Protective Case Design How-To

    Custom Rubber Corp. has added detailed, step-by-step information regarding how to design a custom silicone rubber protective case for your electronic device or instrument.

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  • Rubber Bellows Design How-To

    Custom Rubber Corp. added information related to designing molded rubber bellows and molded rubber convoluted boots.  Information is now available on the five steps or questions that designers need to consider when developing a custom molded rubber boot or bellow.

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  • New Look For Molded Rubber Products Website

    We're very excited about the recent launch of our new website. Much of the content is carried over - our old site had excellent illustrations of the types of products we make and customers we serve - but the look and feel of the site is much more up to date. We've included some larger photos showing some of our employees at work and have updated many of the product pictures.

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