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GLOBAL AND REGIONAL SUPPLY CHAIN STRATEGIES
HK Technologies has developed a supply chain management process which centers on Lean manufacturing philosophy using quality vs. cost strategies that can adapt to customer needs.
We utilize a formal supplier approval process with a third-party audit component as a fundamental part of our supply chain management strategy. Our recurring supplier quality review process includes a quarterly scorecard evaluation and business review meetings within our Preferred Supplier program. We measure overall quality, pricing trends, service/on-time delivery and partnering activities related to inventory turns, financial terms, internal feedback and communications.
While HK Technologies offers robust component sourcing options to fulfill customer requirements and volumes, we also have strong flexibility at a regional level, through relationships with several franchised distributors.