APP Manufacturing is proud to be a certified women-owned business—an achievement that stands out in an industry where female representation has historically lagged behind. This distinction highlights the strides being made toward greater inclusivity within the manufacturing sector. If you're involved in the piping industry, partnering with a women-owned business like ours could open up unexpected opportunities for your company. Wondering what this means for you? Let us explain why collaborating with a women-led enterprise might just give your business an edge. In this article, we'll explore the current landscape of women-owned manufacturing firms and uncover lesser-known benefits of teaming up with such organizations. Whether you're looking to diversify your supply chain or enhance operational efficiency, there's much to consider when choosing the right partner. While it might seem surprising to encounter women thriving in manufacturing, the reality is that they remain significantly underrepresented in this field. A 2020 Thomas industrial survey revealed that women occupy merely 33% of roles within manufacturing. Furthermore, only 25% of leadership positions are held by women—a stark contrast compared to other industries where women own 42% of all businesses in the U.S., contributing $1.9 trillion annually. At APP Manufacturing, we take pride in being a certified woman-owned business. But what does this certification entail? To achieve Women-Owned Small Business (WOSB) status through the U.S. Small Business Administration (SBA), certain criteria must be met: With these guidelines in mind, let’s delve into some key advantages of collaborating with a certified women-owned business in the manufacturing domain: As more women enter the manufacturing arena, fresh viewpoints and experiences enrich the workplace. This diversity fosters creativity and operational improvements. A study conducted by McKinsey & Company indicates that companies with highly gender-diverse executive teams are 21% more likely to experience superior financial performance compared to those lacking such diversity. Therefore, working alongside a women-owned business often guarantees reliability and efficiency. Did you know that many governmental entities and major corporations aim to allocate resources towards women-owned enterprises? Programs like the WOSB Federal Contracting initiative reserve specific contracts exclusively for these businesses. By aligning yourself with a women-owned entity, you boost your prospects of securing lucrative government contracts via competitive bidding processes. Collaborating with a women-owned firm encourages more women to pursue careers in manufacturing—a sector grappling with severe staffing issues. Recent data shows that over half of manufacturers face recruitment challenges—the highest level recorded in years. This crisis coincides with projections suggesting nearly 2.6 million baby boomers will retire from manufacturing by 2025. Such retirements threaten to deplete critical skills necessary for maintaining productivity levels. Given these circumstances, involving women in manufacturing becomes crucial for sustaining growth. By supporting women entrepreneurs, we contribute to building a stronger workforce capable of meeting future demands effectively. Partnering with a women-owned business offers numerous strategic advantages within the piping industry. However, there are additional methods to maximize efficiency, optimize piping systems, and reduce expenses. Understanding the role of pipe supports plays a pivotal part in achieving these objectives. Access our complimentary guide titled The Complete Guide to Pipe Restraints to gain insights into various types of supports and their applications.
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Understanding What It Means to Be a Woman-Owned Business
Enhanced Diversity Fuels Innovation
Access to Government Contracts Increases Opportunities
Women Are Bridging the Skills Gap in Manufacturing
Discover Additional Strategies for Success in Piping Systems
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