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As an example, in a cost comparison of tooling development for an automotive manufacturer, a U.S.-based NearSourcing supplier yielded longer lead times and a 70% higher cost over the exact same development performed in China or India. A heat sink die casting tool (aluminum part – part size – 8” x 10” x 4” deep with moderate ribs and other features – weight – 2.2 kgs) will cost approximately $28,000 in China and India with a lead time of 7-8 weeks. Continuing with the numbers, tool set-up expenses for each of the versions of Monterrey Motor’s SUVs, based on production of two weeks’ worth of components during each set-up is as follows: Tool set-up requires a minimum of 4 hours to dismantle the tool, load new tool, heat up the tool, run initial samples and set-up a production run. Important Disclosure: MES is a global supply chain company with offices and sourcing abilities in the U.S., Western Europe, and Mexico, as well as a provider of lower cost options in China, India, Vietnam, Taiwan, and Eastern Europe.
How a marketing and engineering firm transitioned into one of the world’s most renowned supply chain management companies, is a question that crosses the minds of many people. Hiten’s hard work, tireless efforts, and utmost dedication got MES listed as one of the Inc. 500 fastest-growing companies in the world. He stated, “was always interested in being an entrepreneur and as things moved forward, that seemed to be where my calling was.” After leaving Midwest Acoust-A-Fiber (MAI), instead of taking up other job offers, he decided to set his own company. The dedicated and self-driven entrepreneur took his company, MES, to be enlisted in Inc’s 5000 fastest growing companies for seven years in a row, and winning Fast 50, ACQ5 Global, Diversity Business, Best Place to Work, and Corporate Caring Awards.
Unfortunately, the supplier is located some 20 hours away by plane and, at the time of this project, was on a two-week shutdown celebrating the region’s most significant holiday, Chinese New Year. Charged with figuring out how to cast a mere 1,000 units of this particular housing design – without the help of the regular supplier – meant that MES’s solution had to be swift and seamless. From problem-solving to engineering prototyping to re-configuration to post-manufacturing work, the entire project lasted about the same length as the two-week Chinese New Year celebration. Solution: A contoured aluminum plug insert that transformed available single-hole housing units into solid ones with no visible seams.
It is essential to step down this high voltage current into a 12/24V onboard circuit to power various applications and components in an electric vehicle. Inverters convert the DC power from the batteries into AC power used to operate electric vehicle motors. Electric vehicle components such as inverters, motors, batteries, battery equalizers, power management, and others use tremendous power and generate a lot of heat. Batteries are used to power many high voltage systems such as HVAC and motors and low voltage systems powering various electric vehicle components.