Procure your products from the USA
The USA offers many benefits to brands procuring products.
Glovendor's journey so far
Glovendor’s USA Procurement Network
Top Destinations
Overview
In the United States, manufacturing accounts for $2.3 trillion in GDP, employs 12 million people, and supports hundreds of local economies. Although that represents just 11 percent of US GDP and 8 percent of direct employment, the sector makes a disproportionate economic contribution, including 20 percent of the nation’s capital investment, 35 percent of productivity growth, 60 percent of exports, and 70 percent of business R&D spending.
Trends
- AI & automation have started to play a bigger role in US manufacturing and supply chain.
- With the increased geopolitical risks with China, many US companies are looking to start sourcing locally.
- Made in USA trend is continuously gaining momentum
Benefits
- Shorter lead times for domestic clients
- Affordable for low value/low quantity orders for domestic clients
- Higher product quality
- Top talent and manufacturing machinery
- Superior quality control and compliance
- Lower shipping costs for domestic clients
- High labor, safety, confidentiality and ethical standards
- Better customer service
- Made in USA brand value
Risks
- Very high product costs
- Delays due to labor shortages
- Lower availability of materials
- High amount of bureaucracy
- Long credit approval cycles
Top Products
Chemicals
Pharmaceuticals
Medical
Oil & Gas
Technology Products
Machinery
Food & Beverage
Sporting Goods
Verdict
In conclusion, the USA is a great option for you if cost is not an issue and quality and compliance are your first priority. The USA could also be the right choice for you if the Made in USA label is important for your market or you are manufacturing a product which the USA excels at like medical devices, technology products, food & beverage, and so on. It is always a good practice to diversify your supply chain for reduced risk.