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Single Source Supplier
"The One Stop Shop" purchasing model
H.S.S's Single Source Supply solutions will deliver significant reductions in your administration time and cost. We can help you move from hundreds / thousands of purchase orders, invoices and payments to a single electronic transaction per month.
By bringing H.S.S single source supply solution into your site you are virtually guaranteeing spend compliance. We will take the hassle away from your engineering teams and let them concentrate on their core competencies.
Fast-moving items are replaced by H.S.S consignment stock. Client owned stock is reduced by the identification of duplication, obsolescence and overstocking. Our stores management experience is that a 30-40% reduction is usually achievable.
Single Source Supply Savings
- Stock Reduction
- Provision of consigned stock
- Managed reduction of remaining stock
- Overhead Reductions
- Carriage charge reductions
- Commodity price savings
- Cross company commonality on prices
- Engineering benefit savings
- Added value service - hose assembly, Maintenance, Repair & Overhaul (MRO) etc.
- Reduced admin and paper volume
- Reduce total acquisition costs
- Experience and expertise
- Technology
- Purchasing power
- Core competence
Single Source Supply Improved Control
- Stock Management
- Accurate product cost allocation to individuals and cost centres
- Effective asset tracking
- Usage and analysis data
- Effective system integration
- Supplier base reduction
- Management of procurement function
- Redevelopment of main stores
- Develop satellite stores if required
- Monthly management meetings
- Enhanced operational standards
- Cross company best practice and reporting structure
- Seamless transition from existing structure
Single Source Supply Increase Productivity
So if you're seeking productivity gains in your business, your engineering store should be a prime opportunity area. Whether it's a small room or a large warehouse, with the right expertise applied to its organisation and operating processes, it represents a potential source of increased operational efficiency, enhanced productivity and reduced costs.
- With your storeroom rationalised, organised and its efficiency maximised, you can begin to access the benefits immediately.
- Improved efficiency and productivity in your maintenance, repair and operations activity
- more effective stores function
- Improved parts availability
- Improved budgetary control
- Accurate pricing compliance
- Enhanced sourcing compliance
- Documented structure and operating process - fully auditable
- Improved working environment
- Reduced waste - in time, resource, product and energy
- Significantly improved control and accurate management information
- Health and safety compliant
Single Source Supply Reducing costs
This need is not just relevant to the component, it also applies to the range of services needed including, for example, the need to reduce the supplier base. Reducing total cost of acquisition is a key part of the HSS offer to our customers.
We do this by :-
- Focusing on the total process, not just the initial component price – for example, it can be much more cost effective to purchase the recently engineered product, which may last far longer, than simply to replace the existing part.
- Reducing the number of purchase orders which our regular customers have to raise in trading with us. This reduction of the process cost of doing business saves money and, done in association with clear and auditable tracking processes, can be a significant support to busy purchasing departments.
- Delivering real and signed off cost-savings which help our customers achieve real and provable reduction of cost in the supply chain, for example, reducing the number of suppliers for MRO components and services
- Undertaking an evaluation of the parts which our customers purchase from original equipment (OE) manufacturers for service requirements – identify those that are standard items which can be sourced safely elsewhere and supply them at the best available price.
- Working with our suppliers to undertake an energy survey of your production facility – identify wastage and recommend products which could reduce unnecessary energy loss.
- Providing consolidated invoices to cover the purchase of products for a customer with multiple sites or with a requirement to order with multiple monthly purchase orders
- Extending the working life of the bearings, belts & pulleys, chains & sprockets, linear motion, motors, seals, gearboxes, pneumatics, hydraulics, clutches & couplings, tools & maintenance and health & safety products you use in your production plant by ensuring cost-effective certified repairs can be carried out when applicable.
- Providing the facility for you to place open orders, against which a number of product lines can be purchased over a period of time.
Ensuring that you are using the most energy efficient products currently available in your production lines and using our knowledge and expertise to enable you to obtain relevant Government grants, where available, to support their use.
