As the saying goes, a chain is only as strong as its weakest link – and this undoubtedly rings true for supply chains in engineering and manufacturing. If one element is compromised, it’s likely that operations down the line will feel the consequences.

The UK engineering industry is still feeling the effects of weakened supply chains, with a global pandemic and geopolitical factors causing disruption and delays. Matsource endeavours to strengthen the link between customer and supplier, forging connections that support normal operation wherever possible while benefitting the industry as a whole.

Our innovative platform widens the procurement pool. At the click of a button, Matsource connects procurement professionals to suppliers for quotes which match their raw material requirements and increases supplier opportunities through the platform.

Increased scope means you can assess opportunities to bolster your supply chain in a number of ways…

Increase your options

If you’re having trouble sourcing specific materials from your usual supplier, you can find out where stock is available using Matsource. With information including material grades and delivery times clearly presented, Matsource can help you quickly and easily source what you need, when you need it.

Compare costs

Supply chain expenditure adds up. Even maintaining costs can be tricky with fluctuating supply and demand, especially in the engineering industry. Optimising costs is a necessity for any business, which is why Matsource gives you an overview of prices from different sources, so you can make the right decision for each and every project.

Calculate delivery

Delivery times are crucial when it comes to supply chain management. If stock arrives too early, there may be storage costs to consider. Too late, and hitting project deadlines becomes a challenge. Our suppliers give accurate lead times, allowing you to weigh up the costs and benefits of each supplier’s delivery options for your procurement needs.

Matsource is here to help you broaden your horizons when it comes to procurement – giving you more options and streamlining your personal supply chain. To get started, register today by entering a few company details: http://customer.matsource.co.uk/Account/SignUp

Supporting suppliers

As a supplier, Matsource can help you move your materials faster.

With supply chain uncertainty ongoing, your sales might be a little less consistent than usual. By registering as a supplier with Matsource, you’ll open yourself up to new revenue streams and connect with even more engineering businesses.

You can choose which materials you’d like to receive enquiries for, and mark out exactly where you can deliver to – meaning you’ll receive project opportunities from further afield to improve your coverage.

To start receiving enquiries through Matsource for free, just drop us an email and our team will help you get set up! Get in touch using hello@matsource.co.uk.