Early Supplier Development
Early supplier development greatly affects the dynamics of the OEM process. Optimal value is generally reached when our customers work with us beginning at the first stage of mold development. Here at Lomont Molding LLC we feel that to remain competitive, we must take into consideration the amount, cost, and quality of supplies and materials, as well the effectiveness of the supply chain. Factors that also affect competitiveness include prototyping, optimal part sizing, the manufacturing process, packaging, and logistics. Since generally 80% of product cost is identified and committed to during the engineering and design phase, early supplier development should be viewed as a fundamental part of the process.