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| Sourcing
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| According to a study conducted by Lehigh University in Bethlehem, PA, companies that manage the total cost of selecting and sourcing products become more profitable. The study determined that the average cost to source and place an order was $130. Organizations that recognize this fact have invested in process improvements or e-procurement systems, with a goal towards decreasing the time and expense related to finding products, defining specifications and ultimately placing a purchase order.
Regardless of investments in processes and systems, companies are continually challenged to maintain accurate databases of products, specifications and prices from hundreds of sources. Include time-to-market, inventory, the cost of financing and capital expenditure, and suddenly the sourcing and purchasing process can have a significant impact on profitability. Lowering these fixed operating costs, or converting them to variable expenses, is the overall goal.
As a stocking distributor, our inventory is our single largest tangible asset and our experience in maximizing the efficiency of our inventory across the globe is a key to our success. Let our professionals assist you by leveraging our global vendor relationships, as well as our product, engineering, specification and procurement knowledge to optimize your efforts. We can assist your organization with a flexible set of solutions that will enable you to lower your acquisition costs and increase service levels.
Sourcing Benefits
Reduction in time and effort spent on order cycle time so you can focus on core competencies
- Simplify the procurement process and reduce non-contract buying
- Decrease the number of emergency shipments
- Coordinate disparate product specifications
- Assess and recommend cost-effective alternative products
- Reduce inventory investments
- Improve service levels and time to market by eliminating stock-outs
Services
- Rationalize/standardize products
- Supplier performance, relationship and contract management
- Coordinate multiple product specifications
- Standardize pricing for day-to-day purchases
- Centralize sourcing and procurement with service level agreements
- Flexible credit lines and inventory financing
- e-procurement
- Engineering and design services
"The program has expanded over the past decade…[and has] enabled our customer to increase its fill ratio and service level to the field installation group while decreasing time and costs." Case Study > >
I am interested in an Integrated Supply and Logistics service and would like to be contacted by an Anixter representative.
Please select any aspect of the supply chain below to see how Anixter can assist your organization effectively manage your supply chain costs.
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