Keeping score

SourceAuthority's custom tools enabled this company to save almost $5,000 on one single project.
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Buyer Information

Buyer Case Studies:
OEM of Industrial Equipment

This Company is a leader in the design and manufacture of precision grinding equipment and super-abrasive grinding wheels utilized in a variety of industries.

The Background
For this leading manufacturer, consistent quality and on time order fulfillment is imperative. Confronted with a production log jam, the company decided to outsource a family of critical but low volume machined parts.

It was predetermined that supplier selection would be based on a variety of factors including:

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Vendor Requirements

Quality Certifications:	ISO Compliant
Expertise:	Prior Material Experience
Technology:	4th Axis Milling
Proximity:	Eastern United States
Delivery:	JIT Compliant

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The Challenge
Find and qualify a single source of supply for the machining and assembly of complex plastic parts within 7 days.

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Project Sourcing Summary

Commodity:
Complex Machined Plastic Components The project consisted of 14 variations on a basic design. For example, the number of holes and slots in each piece varied a three step manufacturing process plus custom packaging and direct delivery to the end customer.

Target Cost:	$38,500 lot
Volume:	271 collective pieces
Delivery:	Scheduled for JIT usage
Number Of Vendors:	6 qualified bidders
Sourcing Period:	7 days

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Sourcing Results

Winning Quotation:	$33,791 lot
Delivery:	JIT Compliant
Project Net Savings:	12% - $4,709 annually

Case Study Summary
SourceAuthority's unique blend of sourcing information, technology and expertise helped this multinational OEM to achieve its immediate goals in record time. Beyond the initial project, the OEM and the supplier continue to benefit from the ongoing relationship.

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