July 25, 2023 by SME In today's competitive manufacturing industry, veteran-owned companies hold a unique position that goes beyond just producing goods. They bring with them a sense of mission focus, commitment to success, and a shared history of service that sets them apart from other types of businesses. Let's explore the significance of how one SME member and veteran-owned company, Vetted Tech, Inc. located in Syracuse, NY, describes the advantages of hiring veterans. 1. The Importance of Being a Veteran-Owned Company in Manufacturing Being a veteran-owned and Service-Disabled Veteran-Owned Business (SDVOSB) in the manufacturing industry holds significant importance. The certification as a SDVOSB provides incentives for Department of Defense (DoD), other Government, and Prime Contractor buyers to purchase from the company based on set-aside thresholds and associated benefits. Additionally, veteran-owned companies have the advantage of a team that is mission-focused and committed to the company's success. When a workforce is driven by a shared sense of purpose, it enhances productivity and customer satisfaction. 2. Advantages of Veteran-Owned Companies in Manufacturing Compared to other businesses, veteran-owned companies bring a unique set of advantages to the manufacturing sector. One such advantage is the strong sense of company esprit de corps, where employees feel connected and devoted to a common goal. Veterans understand the importance of perseverance, especially during challenging times, which ensures the long-term success of the company. 3. Benefits of Hiring Veterans Exclusively in Manufacturing Having an exclusively veteran workforce offers numerous benefits for a manufacturing company. Veterans possess a wealth of experience gained in the military, which serves as a solid foundation for success in the industry. They excel in team interactions, understand the value of cross-training, and are intensely focused on achieving mission success. Moreover, veterans' willingness to learn, adaptability, and pride in their accomplishments make them highly valuable employees. 4. Unique Skills and Experiences Veterans Bring to Manufacturing Veterans' military experience equips them with exceptional problem-solving and solution development skills. Alongside their mission focus and ability to build cohesive teams, veterans become agile, adaptable, and effective employees in the manufacturing industry. 5. Overcoming Challenges Faced by Veteran-Owned Manufacturing Companies Like any other business, veteran-owned manufacturing companies encounter challenges such as cash flow issues, worker shortages, and equipment failures. However, their military background instills a "can-do" attitude that drives them to find solutions and effectively implement them. A debriefing culture further ensures continuous improvement and future success. 6. The Impact of an All-Veteran Workforce on Company Culture An all-veteran workforce fosters a cohesive environment built on shared service experiences and commitment. This shared history leads to a better understanding of the importance of training, cross-training, and setting mission-focused goals. Such a culture enhances overall job satisfaction and contributes to the success of the organization. 7. Contributing to the Local Community and Economy Veteran-owned and veteran-staffed manufacturing companies have a positive impact on the local community and economy. Veterans' patriotic spirit often leads them to become actively involved in supporting various community initiatives and charitable organizations. Additionally, these companies may extend their support during times of crisis, like providing PPE during the COVID-19 pandemic. 8. Strategies for Promoting a Veteran-Owned Manufacturing Company To attract both clients and potential employees, veteran-owned manufacturing companies should proudly promote their status. This can be achieved by prominently displaying the veteran-owned status on their website, business cards, and other communication channels. Furthermore, supporting local veteran groups and engaging in community events can reinforce their commitment to the broader veteran community. 9. Building Strong Relationships with Clients, Suppliers, and Stakeholders Leveraging the status as a veteran-owned business involves emphasizing the commitment to mission success and acknowledging that the company's success is intertwined with the success of its stakeholders. Transparently communicating this dedication can strengthen relationships with clients, suppliers, and other stakeholders. 10. Advocating for Veterans' Rights and Opportunities Veteran-owned manufacturing companies have a crucial role in supporting the broader veteran community. By actively hiring and training veterans, they create opportunities for successful career transitions and advanced learning. Additionally, they can educate local businesses and governments about the unique talents veterans bring to the workplace and the challenges they may face after their service. In conclusion, veteran-owned manufacturing companies are not only integral to the industry but also to the well-being of the communities they serve. Their commitment to excellence, mission focus, and support for the veteran community make them an asset in both business and society. As we continue to recognize the importance of their contributions, we should strive to support and encourage the growth of these remarkable enterprises. Vetted Tech, Inc. was founded to provide customers with state-of-the-art high-performance parts that can only be achieved with the latest machines and materials. But that isn’t their only mission. Vetted Tech, Inc. is dedicated to helping military service veterans find civilian sector jobs that provide them with current skills in a growing industry. The company actively seeks out and recruits able bodied and uniquely abled veterans to join their team. Vetted Tech, Inc. is a service-disabled veteran owned small business (SDVOSB) with a big mission: to create state of the art solutions for customers and a secure future for their employees. The VTI team members have served and know what it means to be dedicated to a mission and to achieving results. Michael Mowins, President, Vetted Tech, Inc. has been an SME Member since 2019.
