Suppliers
Projects Unlimited Inc. believes Strategic Supplier Management is one of the most important means for driving competitive advantages. We strive to build mutually beneficial relationships with our partners to maximize our manufacturing processes as it is an excellent means for bringing innovation and value to internal stakeholders and more importantly our customers.
Supplier Resources:
We believe our supply chain is a critical business process, not just a business function! Our supply chain development is driven by our customers who have high expectations for quality and demand shorter lead times. Supply chain optimization is crucial for a successful customer experience.
Improving efficiency and optimizing performance are the top areas of our focus. Our procurement function focuses on Supplier Relationship Management (SRM) to insure we:
- Continue to strive for cost reduction for direct and indirect materials
- Ensure effective supplier quality performance and material reliability
- Control inventories through asset management
- Develop and train our supply chain management personnel
- Develop and use continuous improvement tools to improve efficiency
- Seek long term supplier relationships
We believe strategic sourcing is a collaborative approach and process that engages all the appropriate internal constituents and seeks select suppliers who are optimally suited to create the best value for PUI and our customers; by controlling costs, dealing with material challenges, managing tight timelines and mitigating market fluctuations. We are able to meet the challenges of our current environment through:
- Long-term agreements where possible
- Business alliances that will help ensure we meet customer requirements in any environment.
- Maximizing our buying power by creating mutually beneficial relationships with our suppliers to generate cost-saving initiatives.
- Actively engaging suppliers to maximize the relationship,
- Managed Inventory Arrangements
