PEKO has an in-house procurement team who is responsible for managing all procurement activities on behalf of our customers, like sourcing for vendors, negotiating prices, estimating demand, placing orders, acquiring parts, handling paperwork, and more.

Consisting of buyers, planners, various internal distribution roles, and receiving personnel, this procurement team has experience providing support for a variety of technologically complex builds, issuing approximately 2,250 line items on POs to over 300 vendors in an average calendar month.

Utilizing our in-house capabilities and long-standing supplier relationships, this team is tasked with identifying the most cost-effective options for everything found in your BOM, from raw materials to robotic cells. What’s more? Our open book pricing structure provides transparency, generating trust and providing a means to collaboratively attack the highest cost impacts on the project.


Advantages of In-House Procurement

Purchasing complete assemblies and sub-assemblies from a full-service contract manufacturer like PEKO can save your company money, time, resources, and more.

  • Pre-screened suppliers and dedicated sourcing personnel ensure high-quality products.
  • Streamlined workflows and processes increase efficiency and minimize time to market.
  • Supply base consolidation facilitates simplified POs, freeing up your internal resources.
  • Extensive procurement knowledge and experience ensure long-term cost containment.
  • Open book pricing structure promotes transparency and encourages collaboration.


Our Procurement Process

1. Sourcing

Sourcing is the first step in the procurement process and begins with identifying program needs and finding the best source for BOM parts that aren’t to be manufactured in-house at PEKO, including activities like comparing and negotiating prices.

  1. Enter all BOM components into our ERP’s Item Master Database.
  2. Establish a complete BOM for each subassembly to be built.
  3. Identify needs and new suppliers that PEKO will need to open an account with.
  4. Secure quotes from suppliers and enter them into the ERP system.

2. Purchasing

Purchasing is the next step in the procurement process. At this point, our purchasing team becomes more intricately involved, performing activities like placing orders, communicating with suppliers, receiving parts, and handling the associated paperwork.

  1. Create purchase order requisitions for outsourced components.
  2. Place purchase orders according to quantities and schedules.
  3. Identify and flag critical items that require receiving inspection. These items are quarantined until QA can review and approve them.
  4. Scan all packing slips and certification documents upon arrival and attach them to PO.
  5. Move components to the warehouse, where they will be picked and used at the assembly line as required.

Contact us to learn about how PEKO’s procurement management support services can positively impact the bottom line of your next machinery or equipment contract manufacturing project.

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