Partnerships that Raise the Bar
Measurement Specialties and its divisions are committed to attracting and competing for suppliers that provide us with high quality and innovative products, when we need them, at competitive pricing and advantaged terms from all across the world. Such suppliers enable Measurement Specialties and its divisions to exceed the expectations of our own customers, delivering significant and tangible value resulting in our growth and increased value to our shareholders.
We intend to do business only with suppliers that subscribe to our philosophy of quality and competitiveness and who will collaborate with us to help ensure we enjoy an advantage in our marketplaces. Measurement Specialties recognizes that a supply base that can meet the requirements stated above enables our growth, and in return we will reward that supply base with the opportunity to grow along with us.
Measurement Specialties sourcing philosophy is built on the following key elements:
Quality—Suppliers must meet or exceed defined requirements
Productivity—Total cost savings must be delivered year-over-year; relentless focus on continuous improvement and waste elimination
Advantaged terms—Suppliers to our corporation work with us to establish standard terms and enter contractual relationships
Service & Delivery – Suppliers meet or exceed our expectations, show willingness to accommodate to inevitable changes and flexibility to reduce lead time and minimum order quantities
Technology & Alignment—There is a built-in roadmap which guides the business relationship growth from transactional to strategic partnership
Measurement Specialties will clearly articulate its requirements to all suppliers, ensuring that the playing field is leveled. As a result, we expect to receive highest value for every dollar we spend.
The Groups that make up our company, and the divisions inside each Group, represent a significant potential opportunity for suppliers that want to engage with us and subscribe to our philosophy. Our sourcing operations are committed to promoting synergy across the corporation, and if you become a supplier in good standing and can support the requirements of multiple divisions, you may then be syndicated as a strategic partner across our enterprise. The potential herein is sizable!
We welcome you to learn more about Measurement Specialties, its Global Groups and its many divisions, and we invite you to contact us for consideration as a potential supplier.
Vicente Piedrahita,
Global Sourcing Director