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It is often more time consuming to procure 500 parts than it is to procure 50,000. In terms of total cost, 500 parts could represent a profit loss even if you negotiated a great price.
Specialty is uniquely structured to help you reduce total costs by extending your supply chain far beyond your traditional resources. Specialty helps you reduce or eliminate the procurement costs related to specialized parts and assemblies. Plus, by utilizing Specialty's resources, your internal procurement department resources are freed to focus on purchasing issues that add value, not cost, to your final product. It is not uncommon for manufacturers to generate 80% of their revenue from only 20% of their products. Companies that optimize their production for their more profitable product (the 20%) typically enjoy higher returns on operations. Specialty can outsource manufacture many of those components that do not fit within your production environment or may be adding more cost than value to your final product. We can help you identify products that are good candidates for outsourcing. After analyzing your workflow and evaluating cost factors, we can help you determine how to maximize your profit potential. |