Industrial MRO Services - Procurement Outsourcing Solutions | Turtle & Hughes

SUPPLY CHAIN

INDUSTRIAL MRO SERVICES

Optimizing the MRO supply chain is imperative as traditional sources of supply expands to global sourcing of materials. The planning, execution, control and measuring of vendors is critical in achieving the right products through the right sources in order to remain competitive. The Turtle & Hughes Integrated Supply (THIS) procurement outsourcing solutions provide customers with direct access to leading manufacturers and Tier 1 sources in order to compress the supply chain, drive on-time deliveries, and secure in-demand material at its lowest cost of ownership in the industry.

THIS purchases direct from manufacturers to eliminate unnecessary layers of distributor mark up for non-value-added mark up; leveraging our customers’ combined purchasing power to negotiate aggressive pricing agreements with manufacturers. Our industrial MRO services combine the volume of several Fortune 500 companies under one Umbrella. By creating a baseline for all suppliers, we monitor compliance standards to create a sustainable supply chain for our clients and ensure an uninterrupted supply of goods to your plant.

SOURCE FOR SAVINGS

PROCUREMENT ANALYSIS STRATEGY

We are a procurement outsourcing company and a key differentiator is our ability to understand and execute a strategic procurement program. To achieve our aggressive savings goals in the initial years of an agreement, THIS relies on the professional planning and execution of our own strategic procurement process. Our strategic sourcing team develops a sourcing plan designed for every client that contributes to savings year after year. Through our process, the top ten spend categories are prioritized and then strategies are set based on our analysis of the market trends for each. We review spend compliance, adherence to standards, supplier concentration and Producer Price Indices. Primary strategies are:

  • Supplier Harmonization; sourcing to our existing collaborative deals.
  • Private Sourcing; customized sourcing for one customer or site.
  • Collaborative Sourcing; sourcing for multiple customers within one commodity.


THISone

THISone

REAL TIME VISIBILITY

Real time information about the requisitioning process can vary from location to location. So, Turtle & Hughes Integrated Supply (THIS) expanded its cloud-based solution, THISone, to include a requisitioning tool. Now, end users have a real time visibility allowing them to better manage their budgets on the front lines and before the transaction ever takes place.

INVENTORY MANAGEMENT

INVENTORY MANAGEMENT

LEAN ASSESSMENT

By identifying and reducing obsolete parts, Turtle & Hughes Integrated Supply (THIS) undertook a "Lean Assessment" for one GMP medical device supplier, which resulted in a 29 percent reduction in obsolete parts that were stored at the plant -- saving them valuable resource dollars.

ADVANCED ANALYTICS

ADVANCED ANALYTICS

TRACKING SAVINGS

When standard Key Performance Indicators (KPIs) just are not good enough, the analytics team at Turtle & Hughes Integrated Supply (THIS) is challenged with developing better ways to track savings. For one customer who was looking to validate our decade-long procurement program, an analysis of long-term savings led to the creation of a new KPI, which transcends typical hard costs and productivity savings.