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We, at WEC, pride ourselves with a truly global strategy in our Global Supply Management (GSM) . With rapid expansion of our manufacturing facilities, we have implemented GSM to better manage different suppliers around the globe. A globally coordinated approach enables us to assure customer satisfaction by meeting their needs more thoroughly and quickly. To achieve this, WEC manufactures products at one or more factories according to customer needs.
Quality control and cost efficiency are two prime priorities we pursue among others. Through an enhanced Global Supply Management, we are able to reduce cost, cycle time, and to maintain comprehensive and accessible inventory for more efficient performance. |
GSM aims to:
- Delighting stakeholders
- Increase competitiveness and profitability
- Develop and promote strategic supplier base for customers
- Reduce cost, internal cycle time and increase inventory turns
- Share real time information and market trends strategically
- Build long term partnerships with suppliers and customers
To better serve our multi-national customers, not only have we set up factories in Shenzhen and Suzhou, China, but we have also established procurement offices in major cities around the globe. This facilitates the purchasing process and localization of materials to reduce materials lead-time and achieve greater economy of scale.
Selection of the most reliable suppliers is crucial to WEC's operations. To achieve this end, we are highly selective so that only the best suppliers are chosen. We set the highest standards to implement our well-planned policy uncompromisingly. Our GSM team scrutinizes new suppliers based on a documented process to ascertain their quality management systems, delivery and flexibility, service, technology, environment and price competitiveness.
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