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How
does SETECH measure the cost savings they produce?
Cost
savings metrics are an important part of the SETECH site management
process. SETECH managers use a proprietary system to ensure program
objectives are being achieved. Savings are validated by a client
approval process that assures savings goals not only meet, but exceed
client expectations. See
our Cost
Savings Program.
How
does SETECH charge for services?
A
project management fee is established based on a customer's MRO
activity. This fee may contain a unique risk/reward program that
provides the customer and SETECH an incentive-based method for focusing
on mutually agreed upon program objectives. SETECH does not mark-up
any product purchases; all purchases are passed on to our customer
at cost.
What
is covered in SETECH's Management Fees?
SETECH
will procure all plant floor MRO supply items including optimized
tool crib and warehouse inventory; manage the tool cribs and warehouses;
provide the technical leadership that yields cost savings in costs
areas of the tool cribs and warehouses and the customer's processes;
systematically monitor key areas of tool crib and warehouse performance;
and prepare performance reports for review with local Company site
management.
How
does SETECH differentiate from "distributor-based" integrators?
SETECH
is a "Pure Integrator" and performs MRO supply management as a service
open to all supply channels. The primary goal is to provide the
lowest total costs to our customers. We operate under an open book
auditable process to ensure all product costs are tracked and provided
at cost to our customer with no additional mark-up. In addition,
SETECH has no brand preference or franchised products that create
additional revenue streams for the Integrator. Some of our customers
continue to use existing commodity suppliers or catalogues for sourcing
of product.
What
if I am affiliated with a B2B consortium or online exchange already?
SETECH
is e-commerce ready and capable of conducting business over any
electronic exchange or consortium.
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