The supplier chain platform offers an easy and reliable way to find suppliers

The procurement of individually manufactured components and structures is constantly accompanied by new challenges, as customer needs and market conditions change faster and faster. Uncertainties and crises, such as the Corona epidemic or the war in Ukraine, have shown that familiar supply chains are by no means as stable as expected. In addition, cost pressures in times of rising raw material costs and rising inflation create the need for change. Therefore, the flexibility and agility of procurement are increasingly in demand.

Traditional contract manufacturing is reaching its limits, and quickly, because its structures are inherently rigid. In crisis situations, dependence on a supplier or suddenly cut off supply routes come under scrutiny, especially in traditional subcontracting operations. Buyers of SME companies often trust a familiar manufacturer, which has old, often regional ones connections. However, if this provider unexpectedly becomes inoperable, the entire the production process may stop. Large companies are usually more flexible and rely on a pool of qualified suppliers, but even for them, the daily work of buyers can become difficult in a crisis situation. In addition, there is often a lack of capacity or the range of production is too narrow.

Communication also follows traditional models in many places. Google, e-mail and telephone are still the most common means of communication when it comes to communication between the customer and the supplier. Requesting quotes or placing orders through an encrypted connection website interface is not yet standard. However, several industrial companies are changing their strategy and turning to alternative procurement and sales markets.

Nordic Supply Tool 

A new type of supplier chain platform designed for the manufacturing metal industry, which offers Buyers an easy and reliable way to find and compete for suppliers and, correspondingly, Suppliers / Sellers a digital sales channel where they get regular visibility.

Acting as an effective buyer places great demands on tools and suppliers' knowledge. With the continuous development of the manufacturing industry, finding the right suppliers and keeping supplier lists up to date is challenging and time-consuming.

With NST we have developed a tool for buyers that allows them to:

• find the right suppliers in real time
• send inquiries, communicate with suppliers digitally
• see the delivery capability of potential suppliers in real time
• get offers for the right need

Finding the right customer and target group is a prerequisite for effective sales and marketing, regardless of whether you work through physical meetings, digitally or through social media. The more precisely you can describe your services, the easier it is to find the right customer, and the better chances you have to sell your services and goods.

With NST as a supplier, you can digitally:

• market yourself directly to industry buyers and decision makers
• receive requests for quotations
• get real-time exposure for your company
• sell your services and products more