5 signs that you need to change your industrial hardware supplier
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by Víctor Manuel Morales
13 min reading time
Sometimes relationships with hardware supplierscandeteriorate without us even realizing it, negatively impacting a company's performance. Detectingproblemswith a supplier early is crucial for making strategic decisions that avoid wasting time, money, and resources. In this article, we explore the5 clear signsthat it's time to change industrial hardwaresuppliers .
One of themain problemsthat can arise when working with industrial hardware suppliers islate deliveries.Recurring delayscan cause production issues, which can translate intolosttime andefficiency. If your supplier doesn't meet agreed deadlines, you could face production shutdowns, which would affect your ability to meetyour customers'delivery times .
Constant delays can mean you don't have the necessary tools and materialsat the right time. Furthermore, this lack of reliability can affect yourcredibilitywith your clients, who could be impacted by your inability to meet established deadlines.
Clear signs:
What to do:If delays persist and there's no substantial change, it's a clear sign that you needto explore new optionsthat offer greaterdeliveryreliability .
Thequality of the tools and materialsyou use is critical to the performance and safety of your operations. If your supplier delivers products ofinconsistent quality, it's time to consider a change. Defective or low-quality tools can lead tolong-term damageto machinery,unplanned downtime, and evensafety risksfor employees.
Poor product quality can impactproductionandincrease operating costsdue to the need for more frequent repairs or replacements. It can also negatively impactemployeesatisfaction , as employees may be faced with unreliable or dangerous equipment.
Clear signs:
What to do:Carefully review the products you've purchased and assess whether their quality meets your company's standards. If the problem persists, consider switching to a supplier with better quality controls.
Agood suppliershould offer not only products but also solidcustomer service. If your supplier doesn't respond to your inquiries, doesn't resolve issues quickly, or doesn't provide the necessary support to resolve any issues, it's a clear sign that the relationship isn't working.
Poor supportcanlead to a range of problems, fromdelayedincident resolution to a lack of advice at critical moments. Furthermore, this reflects alack of commitmentfrom the provider to your business, which could impact your company's productivity.
Clear signs:
What to do:When customer support is ineffective or slow, it's a good idea to look for a provider that offersmore proactiveand accessible service.
Price is a key factor when choosing an industrial hardware supplier, but it shouldn't be the only criterion. However, if you find that your supplier offersunjustifiedoruncompetitive prices compared to the market, this could be impacting your profit margins andprofitability. Furthermore, price increases without clear justification can be a sign that your supplier isn't committed to a long-term relationship.
If your supplier's prices areexcessiveor out of line with the market, you'll be losing money and reducing yourprofit margins. This is especially concerning in an industrial environment where operating costs are critical to maintaining competitiveness.
Clear signs:
What to do:Compare your options with other providers in the market to ensure you're getting thebest possible price. If your provider's prices aren't competitive, look for alternatives that offer better value.
The industry is constantly evolving, and industrial hardware suppliers must stay ahead ofnew technologiesandinnovations. If your supplier doesn't offer updated products or adapt to new market demands, this could put your company at a competitive disadvantage. A supplier that doesn't invest in innovation can hinder your ability toimprove processesandincrease efficiency.
A lack of innovation can cause your company to lose competitiveness and fall behind competitors who use more advanced and efficient tools. This can also negatively impact theproductivityof your operations.
Clear signs:
What to do:Look for suppliers that areconstantly innovatingand offeringnew productsthat can improve your company's productivity and efficiency.
The industrial hardware supplier you choose has a direct impact on the operation and profitability of your business. If you notice any of thesewarning signs, it's crucial to make strategic decisions and considerswitching suppliers. A reliable and efficient supplier will not only provide high-quality products but also offerexceptional customer service, competitive pricing, and the ability to adapt to changing market demands. Always maintain theflexibilityto change suppliers when circumstances require it to ensure your business remainscompetitiveandsustainable.
1.Constant and delayed deliveries
How does this affect you? Deliveries are not made within the agreed timeframe. The supplier does not proactively communicate delivery issues. You need tofollow up frequentlyto receive updates on your orders.
2.Inconsistent product quality.How does this affect you? Products frequently have defects or don't meet established quality standards. There's an increase in the number ofreturnsorclaimsrelated to quality defects.Toolmaintenance costs have increased due to their poor durability.
3.Lack of support and customer service.How does this affect you? You don't get responses to your emails or calls within a reasonable timeframe. The support you receive isn'tpersonalizedor effective. You have to wait too long for critical issues to be resolved.
4.Uncompetitive or unjustified pricesHow does this affect you? Prices increase without prior notice or justification. Prices are not competitive compared to other suppliers in the market. Despite price increases, quality and service remaininferior.
5.Lack of innovation or adaptation to new technologiesHow does this affect you? The supplier does not offerupdated products or products withemerging technologies. There is no effort to improve orinnovateproducts and services. Product quality hasstagnatedand is not adapting to the changing needs of your company.