Procurement teams and engineers face several challenges with how they source industrial consumables and manage their supply chain. With complexity coming from a number of stakeholders involved, a fragmented supply base and the range of products split across categories.
A large part of process costs can be due to inefficient inventory management. This particularly applies to low-value, fast moving industrial consumables. Overstocking, poor stock monitoring, shrinkage and availability issues lead to lost productivity and downtime.
There are some businesses and services that we all rely on without being aware of them. Cadent is one such firm, with 3,000 engineers and an extensive pipe network that connects individuals and organisations with the gas that they need. The company’s National Distribution Centre is in Birmingham.