{"id":10960,"date":"2019-04-02T08:51:11","date_gmt":"2019-04-02T13:51:11","guid":{"rendered":"https:\/\/blog.wika.com\/us\/\/?p=10960"},"modified":"2023-08-23T02:35:28","modified_gmt":"2023-08-23T07:35:28","slug":"a-supplier-development-partnership-maximizes-value-drives-innovation","status":"publish","type":"post","link":"https:\/\/blog.wika.com\/us\/applications\/a-supplier-development-partnership-maximizes-value-drives-innovation\/","title":{"rendered":"A Supplier Development Partnership Maximizes Value, Drives Innovation"},"content":{"rendered":"

Whether you work with industrial gases or manufacture components for mobile working machines, you deserve more from your instrument supplier than just off-the-shelf technology. You need a supplier development partnership with a company that has a deep knowledge base and wide-ranging expertise in your industry to help you develop innovative solutions and improve the bottom line.<\/strong><\/p>\n

An instrumentation supplier should be so much more than a provider of products or services. When you engage with WIKA USA, you enter into an active supplier development partnership to develop and maintain competitive advantages for your business. This collaborative process means supporting and leveraging the skill sets of both teams to achieve a balanced purchasing relationship.<\/p>\n

For our partners in a wide range of industries, WIKA is pleased to offer a series of workshops that focus on production, logistics, and innovation. These one-on-one sessions are designed to measure priorities and identify process pain points \u2013 with the goal of providing creative, cost-effective solutions. WIKA has designed three types of one-on-one consultations: products, logistics, and value innovation.<\/p>\n

Product Workshop<\/span><\/h2>\n

This workshop is, in essence, a brainstorming session involving your technical staff and WIKA engineers. We work together to systematically analyze your operations and then come up with solutions. Industry research shows that a well-designed supplier development program can lead to a 30\u201340% improvement in the first-pass part approval rate. First-pass approval is a big deal in manufacturing, as key part redesign costs can easily hit six or seven figures.<\/p>\n

Logistics Workshop<\/span><\/h2>\n

Your business relies on a dependable, responsive supply chain. In the real world, however, customs and infrastructure failures can cause delays and interruptions. WIKA proactively minimizes these risks with a system of redundancies. Our network of subsidiaries, located in 40+ countries across six continents, means WIKA has a manufacturing presence in all corners of the globe. In a Logistic Workshop, WIKA works with our partners to find that just-right balance of cost and supply chain stability.<\/p>\n

Value Innovation Workshop<\/span><\/h2>\n

How can your enterprise stand out from among your competitors, especially international manufacturers with low labor costs and lower margins? One way to do that is to stop fighting head on with them. Instead, use innovations to create your own market space. The Value Innovation Workshop (VIW) brings together the brainpower of WIKA\u2019s experts with your teams from R&D, engineering, operations, and customer service. A typical VIW focuses on:<\/p>\n