ARC believes the methodologies and systems of how products get manufactured will change materially over the next 10-20 years, due to technology such as automation, 3D printing, robotics, software, artificial intelligence and cheaper energy prices. ARC’s objective is to be an accelerator of this technology adoption in traditional mass-production. The resulting change will be a world where lead times are reduced, supply chains are localized, and customers get to market in a quicker and more efficient way than they do today.
ARC’s strategy hinges on two key pillars:
(i.) Holistic Solution Provider: ARC’s customers want to consolidate their massive, convoluted supply chains. As a result, ARC has shaped its strategy around being a “one-stop shop” for its customer base, by providing holistic solutions for metal and plastic fabrication.
(ii.) Time to Market: ARC’s customers also want to get to market as quickly as possible to stay ahead of their competition. Today’s current manufacturing supply chain is bogged down by lengthy quoting bottlenecks, tooling time/cost and a wide array of manufacturing design complexities. ARC’s solution, is to offer its services cradle to grave, from product development, to prototype to short- to long-run production.
With regard to the first pillar, ARC’s MIM business usually makes not only the critical component in its client’s product, but also one of the most difficult parts. Therefore, ARC identified an opportunity to build out its product offering off the heels of its MIM business, by adding new capabilities and services in metal and plastic fabrication, to offer a more holistic solution to its customers. As a result, ARC offers additional fabricating capabilities to its MIM part programs, which helps ARC’s customers reduce their supply chain and have a more efficient design/build process.
With regard to the second pillar, customers want reduced lead time, which can quite often be many weeks or months to get to production parts. ARC’s subsidiary 3DMT cuts down on lead and tool time, by offering prototype and short run production parts. 3DMT has a wide array of metal and plastic 3D printers, in-house tooling and a proprietary Rapid MIM process. The other key element of getting to market quickly is reducing quoting time, which could also take weeks traditionally. ARC began development in late 2013 of a proprietary online automatic quoting system, which will be rolled out across the ARC divisions starting in mid-2014.
ARC offers a holistic ecosystem of products to its customer base and helps them get to market as quickly as possible for short and long run production. ARC’s investment and focus on technology will be a key driver of the changing manufacturing landscape of the future.
ARC makes acquisitions that are strategic to its business. ARC seeks out acquisitions that can broaden its product offering, which add to its holistic solution approach. ARC also makes acquisitions where it can vertically integrate its existing units. ARC also evaluates new manufacturing/technology opportunities that fit into ARC’s broader objectives. ARC’s team is highly experienced in mergers and acquisitions, having completed numerous transactions since 2000.
The key elements of ARC’s culture center around integrity, quality, entrepreneurship and most importantly our customers. ARC’s goal is to provide the best manufacturing solutions, with the highest quality for our customers. None of this can be accomplished without the utmost of integrity, which is core to our ethos. We also have an entrepreneurial culture, where people treat company assets like their own. Our goal is to retain this sense of ownership and excitement while avoiding bureaucracy, with the goal of combining an entrepreneurial spirit with the benefits of a large organization.