Vendor Consolidation is Right for Rubber Products

Vendor ConsolidationVendor consolidation is a procurement strategy where you reduce the number of vendors that your company buys from. Businesses don’t want to become overly dependent on a single vendor or a handful of vendors, but there are costs – and risks – from having too many suppliers. There are also benefits to lowering the number of vendors that you do business with. Let’s take a closer look. (more…)

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Five Products You Didn’t Know That Elasto Proxy Supplies

Five ProductsElasto Proxy supplies industrial products that you probably didn’t know we offered. Why does this matter to you? Engineers need reliable parts that support larger product designs. Components that don’t work, won’t fit, fail in the field, or wear out too soon can cause project delays and cost overruns. If your current supplier can’t support your application, Elasto Proxy may offer an alternative.

Purchasing personnel also need suppliers who meet business and technical requirements. For purchasing agents, sticking with the same vendor may seem like the easiest way to do business. Yet it’s not always the best way, as sourcing managers can attest. As companies consolidate vendor lists to reduce operational expenses, they’re also buying more parts from suppliers with strong vendor scorecards.

In this article from Elasto Proxy, you’ll learn about five products that we offer that you probably didn’t know we did. Do you need rubber that’s bonded to metal, silicone hose, metallic-colored extrusions, molded plastic parts, or sewn products? If your company is buying these products from another supplier, you could save time and money by ordering them from Elasto Proxy instead. (more…)

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The True Costs of Industrial Rubber Products

True CostsWhat are the true costs of industrial rubber products such as seals, gaskets, and insulation? Buying rubber materials and fabricating them in-house may seem cost-effective, but is your company really saving money? For that matter, are you sacrificing quality, consistency, and potential sales opportunities for a questionable cost savings?

Companies that want to know the true costs of industrial rubber products need to understand the full scope of their manufacturing costs. Typically, these costs are divided into three categories: direct labor, direct material, and manufacturing overhead. If any of these costs are incorrect, your financial statements may under-report inventory value and the cost of goods sold.

In this article from Elasto Proxy, we’ll examine each category of manufacturing costs so that you can consider how your in-house operations compare to outsourced fabrication. By understanding your true costs, you can make better business decisions and strengthen your manufacturing operations. (more…)

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Molded Rubber Products from Elasto Proxy

Molded Rubber ProductsDid you know that Elasto Proxy supplies molded rubber products? We’re not just a distributor of stock materials, and we’re not just a custom fabricator of seals, gaskets, and insulation. Instead, Elasto Proxy is value-added supplier with a wide range of products and services. By sourcing molded parts from Elasto Proxy, major manufacturers have consolidated their vendor lists. No matter what your company’s size, you can save time and money by doing more business with Elasto Proxy. (more…)

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