Reducing cost of common parts and stabilising supply systems

There are a few basic ways to increase profit in your organisation.

1. Increase pricing of your products
2. Reduce cost of production, packaging and shipping.
3. Source lower cost standard components.

Increasing pricing is not always possible in a highly competitive world. You may have a lot of competition. You may also have a higher currency than your competitors.

Your cost of production is tied to such factors as available labour, local labour laws, prevailing labour rates, the cost of raw materials and process machinery, cost of energy and buy-out components such as motors, actuators and power transmission equipment.

Packaging is often a fixed cost depending on the size and shape of your products. Using soft packaging to reduce weight and space may have merit to reduce shipping and warehousing costs, however is not always an option.

A SIMPLE AND EFFECTIVE METHOD TO INCREASE PROFITABILITY

Sourcing standard items which are part of your scope of supply can often be outsourced from offshore locations. However, how can you be assured of quality and reliability of the company selected to provide your components?

GRIP represents a group that researches and inspects potential offshore suppliers for quality, reliability and stability on your behalf.

THAT SOUNDS GREAT, BUT HOW CAN WE GET STARTED?

The easiest way to get started with obtaining offshore components supply is to forward your detailed component specifications. Our team of engineers, product specialists and negotiators at OSANTS (Overseas Alliance and Trade Solutions) will do all the work on your behalf to obtain valid quotes.

LET’S TALK ABOUT YOUR REQUIREMENTS!

Just send an email to info@grip4equipment.ca or call/text us at +1 604-889-1855