The Costly Side of Complexity: How a Key Supplier Can Make All the Difference
For so many Commodity Managers, the reality of needing to do more with less has started to sink in. Hundreds, if not thousands, of SKUs across dozens of vendors is just not cutting it. Managing part variability and quality, inconsistent supplier performance, cost pressure, lead times, and increasing risk are just some of the daily headaches consuming everyday life.
Tackling one issue leaves exposure to another. The complexity of the situation is out of hand. The solution: fewer vendors.
The Impact of Supplier Congestion
Thousands upon thousands of SKU's and subcomponents on a spreadsheet that could be today’s or tomorrow’s headache. Every mistake - a late or missing delivery, a faulty part - wears on production and professional security. Keeping suppliers accountable over hundreds or thousands of line items in an environment like this seems impossible.
The complexity of the supplier situation can be detrimental to the administrative side, but worse, it can affect things all the way through engineering and production – frequent changes in part design require multiple redraws and reprints, slowing assembly. Inventories are not easily kept up to date with constantly late or nonexistent order deliveries. Design cycles struggle to meet pace, increasing downtime risk.
The Strategy Behind Sku Consolidation
SKU consolidation for mechanical components, like rod ends and linkage assemblies, is not simply eliminating the majority of vendors on the list. The strategy lies in streamlining the supply chain to bring back cost control, consistency, predictability, and flexibility to be able to take care of what really needs to be done and move forward. Procurement leaders strategically consolidate their list of vendors to see direct improvements in profitability and operation.
Why Include Triangle Manufacturing Into Your Strategy?
Triangle Manufacturing Company, with over 100 years of expertise in establishing long-lasting partnerships, presents a great opportunity to support your SKU and supplier needs. Triangle is North American-based, responsive, and can manage a wide range of SKUs with reliability and speed. Offering integrated design, customization capabilities, and quality components. Under one roof, Triangle manages in-house engineering, prototyping, and production solutions, eliminating handoffs and red tape – giving valuable time back.
Fewer Vendors. Greater Profitability. Total Control.
Explore what consolidation should be with Triangle.
