Frequently Asked Questions
What makes RedOrange Industry so different?
RedOrange Industry provides a break-through in supplier management, supply chain simplification and breaking barriers, so that process, product and working capital savings are reachable. We provide Better Control over data, More convenience, thus resulting in Lower Cost.
What do suppliers think of RedOrange Industry?
RedOrange Industry has established a positive rapport with a number of specialist suppliers now because it takes cost out of the supply chain. RO-I utilizes the following strategies when building supplier relationships:1. Build up the relationship with steady, maybe increasing turnover and intensive communication
2. Determine transactional cost savings by delivering the orders through connections
3. Aggregate demand (when possible)
4. Offer a visualization in the Industry catalog of their best selling items, with a link to their own
webshop (when available, otherwise upload all articles into the Industry Catalog)
5. Offer the suppliers a preferred position regarding orderdesk purchases
6. Involving suppliers in the Continuous Improvement Process at the customer
7. Offering promotional space to let the customer be aware of the supplier’s new products.
8. Utilizing supplier’s technical expertise with our customers so a value added relationship is developed.
Who are RedOrange Industry's customers?
Customers can be classified in the following categories:1. Large European manufacturing businesses that want to implement MRO procurement process
to save costs over multiple locations.
2. Large Health institutes who want to focus on big ticket items and reach savings over the "Tail"
2. Large Health institutes who want to focus on big ticket items and reach savings over the "Tail"
suppliers anyway.
3. Original Equipment Manufacturers focusing on C-parts management
3. Original Equipment Manufacturers focusing on C-parts management
4. Process industries (i.e. mining, energy businesses)
5. Project organizations, where the supplier is often an OEM and where they have a lot
5. Project organizations, where the supplier is often an OEM and where they have a lot
engineered parts.
Why shouldn't I go to a large supplier who supplies different product groups?
A regular (large) supplier with a large scope of articles can supply a great amount of products en fulfills one invoice. Only are you missing on some aspects which are very important:Specialized personnel with the knowledge to answer specific questions
More than just the best selling items are on stock
Product savings. It is obvious that these supplier buy their materials at (local, European) specialists. By adding at least 20% margin to the products, this is not an efficient solution.
With RedOrange Industry you can do business with every supplier of your choice (including engineered parts), maintaining knowledge and expertise.
Isn't RedOrange Industry a E-hub?
In the first phase the similarity between RedOrange Industry and a E-hub is there. Both hubs as RedOrange Industry are connecting parties. RO-I does more:1. Building one catalog for all products that the customer buys on a regular basis
3. Not only connecting, but also training of connected suppliers, leveraging of the connections, implementing the connections at both sides.
4. Offering 1 order, 1 Invoice, order desk, expert center for standardization and debranding
5. Achieve savings on Process cost, product cost and working capital