A Smart Path to Reshoring
Hybrid Racing was reluctantly planning to send more work to China when the company stumbled across MakeTime.
To keep pace with its growing business, Hybrid Racing (Baton Rouge, Louisiana) needed a smarter way to manage its supply chain. After failing to find reliable domestic suppliers, the company outsourced its production to China.
The pitfalls of such a move are well known, especially with a growing and rapidly changing manufacturing business. William Davidson, founder and CEO, describes them as communication, cash flow and lead times.
In 2015, with business booming, Hybrid was reluctantly planning to send more work to China when the company stumbled across MakeTime. This relatively new company, based in Lexington, Kentucky, features an on-demand virtual machining platform designed to help companies such as Hybrid better control their supply chain by enabling the use of domestically sourced manufacturing.
In a nutshell, MakeTime offers buyers instant access to a network of thousands of prequalified suppliers with production hours available on their CNC machines. This allows companies like Hybrid to overcome production shortages, eliminate risk in the supply chain and rest easy with guaranteed lead time and quality.
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