COST REDUCTION & EFFICIENCY IMPROVEMENT STRATEGIES
November 22nd, 2017 by Amanda Schumann
SINGLE SOURCE SUPPLY
Single source procurement patterns are now becoming increasingly popular. GSL has strong long term alliances with various manufacturers and suppliers giving us a high level of capability to manage single source supply agreements. We can quote on fixed term contracts/blanket orders to supply valves, flanges, fittings and all pipeline components and manage all certification & documentation. With our extensive experience, GSL is unique in having a good relationship with all other supply houses and good buying power. We can provide regular price comparison reviews and have an extensive network of suppliers worldwide to ensure the best price and delivery. Within the higher quality arena GSL has the most efficient and competitive supply procurement chain in the business. We understand valves and we know the strengths and weaknesses of all ‘levels’ of manufacturers. We will work with your risk management department to explain when, where and why a price variance is justified for a higher specification of valve. Also, as a specialist emergency supplier we represent factories who can manufacture in short delivery.
By stocking and managing reserved inventory at our own and/or the customer’s premises, we minimise delivery lead-time and reduce transportation cost thereby increasing cost efficiency and productivity. The inventory can be customer owned and/or consignment stock.
Working very closely with our customers, we help them manage pre, during and post shut down periods efficiently.
SUPPLY MANAGEMENT CONTRACT ALLIANCES
We will manage the supply, storage, distribution, procurement & expediting of your valves, flanges & associated piping products. An agreement with Global Supply Line will eliminate the costly problem of the client managing their own inventory and emergency procurement. Global Supply Line can hold dedicated stock of valves and spares exclusively for the client at our own premises on behalf of the client.
As part of the agreement, Global Supply Line will work with site engineers in rationalising and simplifying current valve specifications and reducing your inventory of valves and associated spare parts. We can also interface with your on-site stores and streamline the supply process. Administration will also be simplified and reduced under such an agreement leading to further cost efficiencies.
As supply management professionals, we can review the entire process of how valves and associated materials are purchased, stored and used on-site to form an agreement that improves the level of service whilst reducing costs. Global Supply Line offers a total valve management program whereby we manage all facets of procurement, storage & logistics processes involved. Many companies have realised the advantage in reducing the number of suppliers – less paperwork, better service and closer relationships. Global Supply Line and our network of manufacturers and suppliers are capable of offering a strong commercial alliance and also a technical alliance. As part of our total valve management program, we can also arrange to manage & outsource all your valve engineering and re-engineering requirements. Global Supply Line Engineering Division is a Lloyds ISO 9001 certified facility and is the official approved service, test, retrofit and automation centre for Actreg, Air Torque, APV, CVS, JC, Starline, Sferova and Torqturn.
Monthly invoicing: Transaction based invoices are suppressed and instead a summarised monthly invoice is issued. This immediately reduces accounting and purchasing administration and can be tailored to a specific shut-down or project.
Expediting: Regular detailed expediting reports can be issued detailing the status of all orders. Despatch dates, forward completion promises and ready for inspection dates are all clearly detailed. This document can also be utilised during shut-down or at project planning meetings.
Dedicated Inventory: Most companies seek to reduce on site inventory. This contradicts the needs of maintenance engineers, who endeavor to maintain a 24/7 process plant. Global Supply Line can reduce the need for a high level of inventory being kept onsite by holding dedicated inventory at our own premises. We electronically reserve these materials, thereby guaranteeing availability. These materials are held awaiting call off on a daily basis and deliveries to site are made using priority freight service, reducing on-site storage and site losses.
Certification: Global Supply Line can hold and batch certification for the project or shut-down duration and periodically or after the event issue a full data file containing all relevant certification. We can even arrange third party witness inspections of certificates and hold all certificates on your behalf.
Our main sales team has 200 years combined valve & piping experience!