The objective of supply chain management is to synchronize the requirements of our customers with the flow of materials from suppliers, in order to achieve high customer service, low inventory and low unit cost.
Through our interconnected supply chain systems, Nistec obtains world-class pricing, supply flexibility and reduced inventory risk. Our purchasing teams collaborate, in accordance with component engineering capabilities, to get the materials we need, when we need them. We continuously benchmark the market – staying on top of prices, lead times, parts availability and technology trends – to maximize the impact of working capital.
Nistec procurement services include:
- Supply chain management
- BOM/AVL analysis
- Component engineering prompt response to short delivery times, due to special agreements with vendors
- Quarterly cost reduction review
- Specialization in low-volume, high-mix purchasing