As supply chain product integrators with substantial experience in complex manufacturing, Banneker distinctly recognizes and understands the challenge that the purchasing process can place on organizations. This is especially true for companies that buy large quantities of parts or supplies from multiple sources to support their direct and indirect operations. Banneker can support these needs through strategic vendor management which includes dynamic sourcing capabilities utilizing Long-Term Agreements (LTAs) and Supplier Quality Management through progressive supplier quality assessments and audits.
From complex electronics, custom components and raw/machined metals to hardware consumables and other commercial off-the-shelf (COTS) goods, Banneker’s Procurement services simplify Clients’ purchasing processes allowing for one-stop-shopping and enhanced spend management, visibility, flexibility, savings and supply-base consolidation. Also, as a certified, minority and woman owned business, Customer’s benefit from the satisfaction of achieving their socioeconomic spend goals without compromising quality or value.
Banneker gives Customers three unique ways to take advantage of their Procurement services:
Clients can take advantage of Banneker’s Material Acquisition Team to leverage their preexisting Long Term Agreements while supplementing their own buying/purchasing personnel. Benefits include reduced labor costs and greater client return on investment by focusing on the commodity groups that will produce the greatest Customer value.
Working with their strategic supply base, Banneker allows some of their established Customers to take advantage of consignment or flexible payment scenarios. This model simply translates into Customer’s having the product they need available when they need it, but not paying for it until it is received at their facility. Not only does this solution greatly improve cash flow, but it also presents the opportunity for volume discounts by leveraging spend across multiple business units. Programs or value streams providing enhanced visibility into Total Cost of Ownership (TCO) utilize this offering to mitigate many of the risks that are typically associated with ownership.
Clients also turn to Banneker for quick-turn, spares management or limited production kits. Starting with just a Bill of Materials and associated drawings, Banneker takes the lead in sourcing, validation, cost evaluation, procurement, vendor management, inspection, kitting, packaging and final delivery – all at one firm fixed price.
For more information regarding how Banneker can help streamline your purchasing activities, please contact email@example.com.