A key element in any supply chain is cost reduction. A wide range of techniques are therefore used to achieve the best possible deal for customers.These include:
- Reviewing where items are single sourced and changing the standard/drawing to introduce competition
- Reviewing supplier processes to ensure that they are as effective as possible
- Combining purchasing power with the Nasmyth group to ensure the maximum leverage on volumes
- Developing long term strategies with suppliers to ensure that advantage can be taken of forward scheduling to minimise the risk of price increases.
