Supply Concerns: Through the Pandemic

Among many other things, Covid-19 also caused disruptions in supply chains everywhere. It seems like every industry and sector saw some kind of turmoil and had to scramble quickly to surmount these challenges. The medical castings business is no different. 

Some of the most common disruptions in the foundry business and investment castings space were:

  • Supply management chain – raw materials, resources, transportation etc
  • Stock management including extra inventory and
  • Availability of suppliers

As Kevin Nelson, SVP of Global Procurement at BD said, “..As you go down into the lower tiers of suppliers too, we didn’t have a relationship with them so we were contacting them for the first time, introducing ourselves and asking them to increase capacity by five times the norm.”

For sure, supply concerns and finding the right suppliers has been one of the most common problems in today’s times. Either the right supplier has shut shop and therefore is unavailable to a company or the process is too slow. 

What did Covid-19 do to us?

Texmo Precision Castings went through immense challenges in its global operations too. We had to cater for interruptions in quite a few aspects of our supply chain management as well. But, we are extremely delighted to say that Team Texmo weathered it all. 

Our history goes back to 1956 but we are not resting on the laurel of longevity alone. We drew on our strong foundation to forge ahead. During the pandemic we invested in building more space and crafting better and more innovative technology into our processes. The result is an even stronger commitment to help customers handle supply concerns. 

The Texmo Three

Our think tank of engineers and experts realised that we have to deliver the best value to customers and do this in as many ways as possible. This thought process helped Texmo come with three choices as far as supply of castings go:

Option 1: Transfer existing

Option 2: Make new

Option 3: FastCastTM

Option 1: Transfer of existing tooling

Texmo has the flexibility to work with your existing tooling. It is possible that you have a tool with your current supplier who is unable to cope with the pandemic. Simply send us this tool and we will deliver your requirements in the shortest possible time. 

When should you choose this option?

  • When your supplier is having delivery /financial / quality control issues
  • You don’t have the budget or time or both to make a new tool
  • When the tool is ready to shipped to us

The average supply time for this process is a mere 4 weeks.

Option 2:  Texmo makes a new tool

Texmo can produce new castings as per your specifications. We will take care of designing, tooling and production of the same. This can work even when you are getting your castings from another source. Yes, this process will take a bit of time but Texmo is still 3x faster than competitors. On an average, you are looking at an 8-week supply time when you choose to build anew with Texmo.   

When should you choose this option?

  • When you have the time and budget
  • Your current supplier is not meeting your expectations on standards
  • When you are not getting castings with the current tool

Option 3: FastCastTM

Texmo harnesses the latest technology in investment castings. With the FastCastTM ,  Texmo uses a proprietary process based on 3D printing to not only make the castings in the shortest possible time but also fast track them through the rest of the process of production. We are able to cast high-quality products in as little as 7 days because there is no tooling involved. 

When should you choose this option?

  • When you have a higher budget for castings
  • When you do not have tools or your current tools are unusable
  • When you need something done yesterday

Incidentally, when you choose the FastCastTM  process, we also can help build out production tooling for you. So, you can switch from FastCastTM  to the traditional tooling system when needed.

To find out how Texmo Precision Castings can help you, arrange a chat with Andy Price