Optimas Solutions has introduced a significant enhancement to its global supply chain management capabilities with the integration of multi-sourcing functionality within the SO99+ ToolsGroup platform.
This innovative feature marks a pivotal advancement in Optimas’ commitment to delivering unparalleled supply chain resilience, efficiency and flexibility for industrial customers, while also providing robust risk mitigation strategies to safeguard against disruptions.
The integration of multi-sourcing enables Optimas to effectively automate its supply base, enhance its supply chain resilience, whilst also mitigating risks. Key benefits also include enhanced supplier management, increased flexibility and responsiveness, as well as cost optimisation.
“By digitally diversifying our supplier base, we significantly enhance our ability to respond to mitigate risks associated with supply chain disruptions, such as geopolitical events, natural disasters, or supplier insolvencies,” comments Mike Tuffy, CEO at Optimas OE Solutions Ltd. “As a full service distributor managing multiple suppliers, we can strategically allocate awards to maintain consistent product availability, ensuring our customers are never left vulnerable.This proactive approach safeguards business continuity and fortifies our commitment to customer satisfaction.”
The implementation process was carefully structured to ensure a smooth transition and maximise the impact of this powerful new feature. Optimas comprehensively assessed its existing supply chain processes, pinpointing areas where multi-sourcing could provide the most value. Optimas then undertook extensive data research to consolidate supplier information from multiple sources, taking advantage of automation and Artificial Intelligence insights to leverage its complete supply network. Rigorous testing validated the tailored functionality’s performance, accuracy, and reliability, meeting Optimas’ high standards of quality and operational excellence.
Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.
Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.
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