--- title: The Costs of Partnering With a Low-Cost Supplier - Hudson Technologies description: While partnering with these companies may save you money in the short term, it’s important to fully understand the risks involved. --- [![Exit](https://info.hudson-technologies.com/hubfs/raw_assets/public/HudsonTechnologies_June2024/images/ico-exit.svg) ](https://info.hudson-technologies.com/blog/costs-partnering-low-cost-supplier#) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # The Costs of Partnering With a Low-Cost Metal Stamping Supplier Posted by admin on August 17, 2017 10:24 pm No matter what the specific [industry](https://www.hudson-technologies.com/industries) or application, designing and manufacturing products can be an expensive, time-consuming undertaking, so any opportunities for saving are usually welcome. To keep down costs, many companies consider contracting with a low-cost metal forming company. But doing so can lead to significant expenditures in the long run, not to mention added downtime and general stress. ![cost of low cost supplier](https://info.hudson-technologies.com/hs-fs/hubfs/Imported_Blog_Media/Low-Cost-Supplier-Disadvantage-500x281.jpg?width=500&height=281&name=Low-Cost-Supplier-Disadvantage-500x281.jpg)Suppliers offering low-cost parts are typically able to do so by sacrificing quality, thereby failing to meet the strict standards you maintain in your own facilities and processes. While partnering with these companies may save you money in the short term, it’s important to fully understand the risks involved.   ## **How Poor-Quality Metal Stamping Suppliers Impact Your Business** There are three distinct ways in which working with a low-cost metal forming supplier can negatively impact your business, all stemming directly from the low-quality products they supply. ### Increased Costs Contracting with low-cost suppliers typically ends up costing more money in the long run. This can happen in a few different ways. First, there are significant risks involved in accepting low-quality parts. If you receive a shipment and your own quality-check processes detect faults — whether the products are out of spec or are generally just poor quality — you will then have to remove, dispose of, and replenish those parts. These added production steps will cost you both time and money. And low-quality parts that end up in your finished product can result in steep regulatory fines; in the worst-case scenario, these parts can cause your parts to malfunction, potentially injuring your customers and leading to lawsuits. ### Damaged Reputation Your customers are looking for quality and reliability — the two aspects of your products most likely to suffer when using low-cost, low-quality parts. Clients will definitely notice if your product is low-quality and will likely take their business elsewhere. And if a low-quality part leads to a [safety](https://www.hudson-technologies.com/onsite-safety-program) incident or a recall, word can spread very quickly thanks to today’s social media landscape. ### Lost Revenue Working with low-cost suppliers often necessitates sending faulty parts back, leading to production delays and additional downtime. And damaged reputation, reduced market share, and drops in stock prices for public companies can all cut directly into your revenue. ## **Factors to Consider When Looking for a Metal Stamping Supplier** Once you have a solid understanding of the ways partnering with low-quality metal forming companies can hurt your business, you should also know how to identify a reliable deep-drawn metal supplier. Keep in mind these five important factors: - Supplier [history](https://www.hudson-technologies.com/about-us/history) and [reputation](https://www.hudson-technologies.com/about-us/our-values) - Quality of product - Reliability and flexibility of service - Turnaround times - Problem resolution process There are other critical factors to keep in mind, but these will help you effectively weed out low-quality suppliers long before the final selection process. #### **Quality Assurance From Hudson Technologies** As an industry-leading [deep drawn metal enclosure supplier](https://www.hudson-technologies.com/resources/deep-drawn-stamping) with over 70 years of experience, Hudson Technologies understands how important it is that our products perform reliably. For this reason, we take great pains to ensure every part that leaves our facility is of the highest quality possible. All of our products are subjected to our robust [quality assurance program](https://www.hudson-technologies.com/capabilities/custom-components). Utilizing Kaizen and Six Sigma methodologies, we are constantly refining our processes and retraining our employees to develop new and existing skills. We also apply the Advanced Product Quality Planning (APQP) framework to product design and development, establishing quality levels upfront. We practice statistical process control (SPC) for all manufacturing stages, and perform the majority of our machinery calibrations ourselves. In addition, we proudly maintain a fleet of state-of-the-art quality-assurance equipment — almost 20 visual inspection systems and OGP Smartscope dimensional measurement systems. To ensure we stay ahead of the curve, our skilled staff of quality-assurance professionals is regularly trained in the newest best practices. To learn more about how Hudson Technologies and our dedication to quality can help protect your reputation and bottom line, [contact us](https://info.hudson-technologies.com/lp-contact-us) today or schedule an in-person [facility tour](https://info.hudson-technologies.com/lp-facility-tours). #### Recent Posts - [The Advantages and Process of Forming Deep-Drawn Aluminum Parts](https://info.hudson-technologies.com/blog/the-advantages-and-process-of-forming-deep-drawn-aluminum-parts) - [Tips for Finding a Quality Deep Drawn Stamping Partner](https://info.hudson-technologies.com/blog/tips-for-finding-and-switching-to-a-better-deep-drawn-stamping-partner) - [The Two Main Types of Solid Center Metal Diaphragms and How They’re Different](https://info.hudson-technologies.com/blog/two-main-types-of-solid-center-metal-diaphragms) - [Metal Injection Molding (MIM) vs. Deep Drawn Stamping (DDS)](https://info.hudson-technologies.com/blog/metal-injection-molding-mim-vs-deep-drawn-stamping-dds) - [Deep Drawn Stamping Trends | 2022 and Beyond](https://info.hudson-technologies.com/blog/2022-deep-drawn-stamping-trends) ### Topics - [Aerospace Industry (1)](https://info.hudson-technologies.com/blog/topic/aerospace-industry) - [Aluminum Stamping (1)](https://info.hudson-technologies.com/blog/topic/aluminum-stamping) - [Battery Enclosures (1)](https://info.hudson-technologies.com/blog/topic/battery-enclosures) - [Catalog vs Custom Stamped (2)](https://info.hudson-technologies.com/blog/topic/catalog-vs-custom-stamped) - [Cost Saving Tips (5)](https://info.hudson-technologies.com/blog/topic/cost-saving-tips) - [Deep Drawn Stamping (20)](https://info.hudson-technologies.com/blog/topic/deep-drawn-stamping) - [Foil Diaphragms (2)](https://info.hudson-technologies.com/blog/topic/foil-diaphragms) - [Green Manufacturing (1)](https://info.hudson-technologies.com/blog/topic/green-manufacturing) - [Heat Treating (1)](https://info.hudson-technologies.com/blog/topic/heat-treating) - [Hudson Technologies (6)](https://info.hudson-technologies.com/blog/topic/hudson-technologies) - [Medical Industry (5)](https://info.hudson-technologies.com/blog/topic/medical-industry) - [Metal Diaphragms (8)](https://info.hudson-technologies.com/blog/topic/metal-diaphragms) - [Metal Stamping (12)](https://info.hudson-technologies.com/blog/topic/metal-stamping) - [Military Industry (1)](https://info.hudson-technologies.com/blog/topic/military-industry) - [Partnering (4)](https://info.hudson-technologies.com/blog/topic/partnering) - [Preventative Maintenance (1)](https://info.hudson-technologies.com/blog/topic/preventative-maintenance) - [Progressive Die Stamping (1)](https://info.hudson-technologies.com/blog/topic/progressive-die-stamping) - [Reducing Lead Times (1)](https://info.hudson-technologies.com/blog/topic/reducing-lead-times) - [Reshoring/Domestic Manufacturing (1)](https://info.hudson-technologies.com/blog/topic/reshoring-domestic-manufacturing) - [Stainless Steel Stamping (2)](https://info.hudson-technologies.com/blog/topic/stainless-steel-stamping) - [Stamped Covers (1)](https://info.hudson-technologies.com/blog/topic/stamped-covers) - [Stamping Materials (1)](https://info.hudson-technologies.com/blog/topic/stamping-materials) - [Titanium Stamping (6)](https://info.hudson-technologies.com/blog/topic/titanium-stamping) - [Tooling and Equipment (1)](https://info.hudson-technologies.com/blog/topic/tooling-and-equipment) - [Transfer Press (1)](https://info.hudson-technologies.com/blog/topic/transfer-press) [![Request Quote](https://no-cache.hubspot.com/cta/default/3301962/747c3e54-c716-40de-bd83-40d51ea90530.png)](https://cta-redirect.hubspot.com/cta/redirect/3301962/747c3e54-c716-40de-bd83-40d51ea90530) ## Facilities List Hudson Technologies houses machines built to meet your specific metal drawing or metal stamping needs. [ View Here ](https://www.hudson-technologies.com/our-facility) [![Contact Us](https://no-cache.hubspot.com/cta/default/3301962/e57575cc-ac5f-4cc9-b991-9a1fb313c1a7.png)](https://cta-redirect.hubspot.com/cta/redirect/3301962/e57575cc-ac5f-4cc9-b991-9a1fb313c1a7)