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Supply Management

Vision

By creating strong business relationships we will establish a supply chain which supports the overall success of Nord-Micro and our customers.

 

Strategy

Nord-Micro’s supply chain management strategy is designed to meet or exceed our company goals and customer expectations. Supply chain management, process improvements and value engineering are the key elements of this strategy. Supply chain management includes consolidation of our supply base, selection of preferred suppliers, global sourcing, supplier quality and development, and implementation of robust business agreements. Our approach to Design to Cost Engineering includes reducing product cost as well as reducing the cost of doing business and associated non-value-added activities. These elements of our strategy are the foundation for our goal of developing a world-class supply chain.

 

Selection Process

Nord-Micro Supply Management is committed to developing strong supply chains that support our system integration philosophy. Suppliers are an integral portion of our supply chain strategy and we continue to seek high-performing suppliers that can strengthen our supply chains. Our selection process is based on the following criteria: quality performance, leadership, financial strength, continuous improvement culture, cost competitiveness, product development/improvement, EH&S compliance, customer service and reliability. We expect all of our suppliers to engage in continuous improvement programs that improve organizational efficiency, reduce product costs, improve product and process performance, reduce cycle times and eliminate waste.

 

Competitiveness

Nord-Micro strives to build integral relationships with core suppliers in each commodity. Competitiveness will be based upon selecting and nurturing suppliers to attain best-in-class achievement with demonstrated performance of zero quality escapes and 100% on-time delivery. Our suppliers have a passion for continuous improvement in all business and manufacturing processes and we support them through training and development in those areas.

 

Preferred Suppliers

Nord-Micro expects our suppliers to be progressive in managing all aspects of their business. To become a Nord-Micro preferred supplier there are specific characteristics which all suppliers must demonstrate. These characteristics are listed below:

  • Operating System, Lean manufacturing and a Quality System are in place and visible.
  • Cost competitive culture.
    • Competitive pricing over long period.
    • Provides alternatives to reduce cost and add value.
    • Understands the value of low cost sourcing.
    • Flexible cash terms.
  • Short cycle times.
  • Financially stable.
  • Progressive management, clean and visible metrics.
  • Provides 100% on-time, defect free products and services.
  • Registered to Aerospace Quality Specifications.
  • Strong commitment to Environment, Health and Safety.
  • Proactively seeks solutions to problems without NM intervention.
  • Commitment to Consignment Stock Agreement
  • Commitment to delegation Agreement
  • Export Control compliance
  • Finance transaction in US$


Supplier Code of Conduct

 

For more information, please refer to the UTC Supplier Code of Conduct.




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