Press Release: Ford Supplier Doubles Safety Stock To Bolster Supply Chain
MORGAN POLYMER SEALS CONFIRMS 100% ON-TIME DELIVERY OF OEM CRITICAL GASKETS DURING PANDEMIC YEAR AND INTO 2021
San Diego, CA (May 5, 2021) – Morgan Polymer Seals confirmed today that they have doubled the amount of safety stock kept at their manufacturing plant in Mexico and their logistics broker in San Diego. The company took this action to ensure continued 100% on-time delivery for their automotive customers, including Ford, GM, and Volkswagen.
Before the pandemic, company policy was to produce and store two weeks of finished product - a practice that helped the supplier deliver parts on time, even when manufacturing in Mexico was temporarily halted due to safety concerns during the first months of the pandemic. As global supply chain disruptions continue to threaten the auto industry, Morgan Polymer has doubled safety stock to keep four weeks of parts for the majority of their automotive customers.
Materials Manager, Sam Gaxiola, explains,
While quality parts and on-time delivery are always the expectation for automotive manufacturers, the last 14 months have proved a uniquely challenging year for an industry that suffered unprecedented product delays and price increases from stressed suppliers. Morgan Polymer Seals met these challenges without raising prices or missing deliveries.