Publication date: 24 April 2008
Lockheed Martin Missile & Fire, for instance, along with other major manufacturing companies, is now using 1-Sources Trading Center to realize value by streamlining business processes like staging, kitting, and fulfillment.
1-Source Electronic Components, Inc. is a Long Island, NY-based value-added distributor of electronic components, electrical engineering and design services, contract manufacturing, enterprise computing products, and software and application services. It provides solutions for such industry sectors as medical, health-care, construction, sales force automation logistics, supply chain, warehouse, and inventory management.
More and more leading companies are turning to 1-Sources P-Squared Program to improve the procurement of raw materials and other goods and services, says Bruce R. MacArthur, chief operating officer. 1-Source provides a forum for buyers that drive them to market prices faster.
Many raw materials suppliers have announced first-quarter price increases, said Kamal Mahajan, chief operations officer at AMP-RTI. We will use 1-Sources Trading Center and services to ensure that we are paying the best possible price, negotiated in a neutral marketplace. 1-Sources solutions help us to achieve maximum value, quickly and efficiently.
1-Source also provides real-time market information resources that enable clients to improve their purchasing decisions. 1-Source is uniquely positioned to help companies understand the market as high dollars of raw materials purchases pass through 1-Sources marketplace on an annual basis.
1-Source recently enhanced its Online Procurement Center to enable clients to present complex direct and indirect material transactions more efficiently than ever before. Use of 1-Sources direct sales team will allow business partners to conclude contracts and spot transactions for raw materials, equipment, and other goods and services. By using the 1-Source service, clients negotiations will include automating their business processes, including online requests for quotes, proposals, and information.
1-Sources direct teams tools and services add up to allow clients to save time, lower transaction costs, and get to market prices faster.
For more information, call Debra Pietrafessa, raw materials specialist, at 1-631-642-2479 X311 or e-mail her at or call Aimee Morales, raw materials assistant, at 1-631-642-2479 X207
1-Source is a leader in helping customers optimize their purchasing for raw materials, electronic components, and related products through a unique combination of market information, industry expertise, e-commerce solutions, and an active network of supplier partners. More than 7,500 customer companies in multiple industries around the world use 1-Sources highly efficient tools and services to streamline transactions and lower costs.
For more information, visit 1-Sources raw materials linecard at http://www..1sourcecomponents.com/raw-materials/raw-materials-linecard.htm
