Vendor Consolidation - SZComponents

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How We Help

01 Determine your business needs
02 Consolidate similar or overlapping suppliers
03 Monitor supplier performance
04 Reduce transactions and bottom-line costs
05 Improve procurement efficiency and versatility
06 Assure the high standards of your products

WHAT WE DO

SZC's vendor-consolidation services improve supply chain management, cut costs, and boost business performance.

Cost Savings

SZC's systematic vendor consolidation allows you to have streamlined procurement processes, lowering the total cost of procurement. By reducing your number of suppliers, you can cut administrative costs and streamline supply chain management.
Improved Global Supply Chain

Improving supply chain visibility through SZC makes it easier to track and manage the movement across different regions. SZC can help you build closer relationships with suppliers, creating opportunities for joint product development and mutual support during times of disruption.
Time and Resource Savings

Setting up new suppliers can be a time-consuming process that can drain your resources. However, SZC can help you eliminate the ramp-up time for non-critical supplier management, saving your time and money.
Onsite and Offsite Support

SZC provides a team of buyers to manage your purchases and optional onsite support at your facility. This allows SZC to act as an extension of your purchasing team and streamline your procurement processes, ensuring smooth operations with the products you need.

Consolidating suppliers for noncritical or one-off purchases through SZC's services can create operational efficiencies by simplifying procurement processes, reducing administrative costs, and improving supplier performance.

Schedule a call with a SZC specialist:

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Founder Spotlight

SZC’s supplier-consolidation services save our customers countless hours of supplier setup time and management. We’ve taken a thousand suppliers down to a single partnership with SZC that resulted in over a million dollars in realized savings.

Raisa Lee

Chief Administrative Officer

SZC Market Insights

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Sep 8, 2022

Market Insights

New company investments will lead to more domestic semiconductor production and innovation, which will help avert future chip shortages and ensure the industry meets the growing demand from sectors like the automotive, data storage, and wireless connectivity industries. The automotive industry, for example, is estimated to be responsible for 20% of chip demand, and the wireless communication industry is projected drive 25% of growth by 2030.

Dec 15, 2022

Market Insights

Bad actors have multiple access points to semiconductors outside the reach of sanctions, manufacturers’ compliance programs, or other oversight mechanisms. While recognizing these challenges, the U.S. semiconductor industry is deeply committed to working with the U.S. and allied governments to address the illicit diversion of semiconductors and disrupt Russia’s and Iran’s access to controlled technologies.

Feb 24, 2023

Market Insights

Over 40 new semiconductor ecosystem projects announced across the U.S., including the construction of new semiconductor manufacturing facilities (fabs), expansions of existing sites, and facilities that supply the materials and equipment used in chip manufacturing.

Related Services

Vendor-Managed I inventory

Liberate yourself from the onerous shackles of inventory ownership and elevate your operational efficiency to unprecedented heights with the SZC VMI program.

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Procurement

SZC has the capacity to maintain copious levels of electronic component inventory, thereby providing customers with agility and responsiveness in supply chain operations.

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BOOST YOUR PROCUREMENT EFFECTIVENESS