CSIMarket
 
Broadwind Inc   (BWEN)
Other Ticker:  
 
 

Broadwind Inc's Suppliers Performance

BWEN's Supply Chain

 
BWEN Costs vs Sales of Suppliers Growth Broadwind Inc's Suppliers recorded an increase in sales by 19.66 % year on year in Q3 2023, from the previous quarter, sales fell by -6.39 %, Broadwind Inc's cost of sales deteriorated by 0 % year on year, sequentially cost of sales grew by 10.55 % in Q3.

More on BWEN Suppliers




Broadwind Inc's Suppliers recorded an increase in sales by 19.66 % year on year in Q3 2023, from the previous quarter, sales fell by -6.39 %, Broadwind Inc's cost of sales deteriorated by 0 % year on year, sequentially cost of sales grew by 10.55 % in Q3.

More on BWEN Suppliers



  News about Broadwind Inc Contracts



Broadwind Inc's Comment on Supply Chain


The primary raw material used in the construction of wind towers and gearing products is steel in the form of plate, bar stock, forgings or castings. The market for tower steel has become increasingly globalized. Although we are generally responsible for procurement of the raw materials, our global tower customers often negotiate the prices and terms for steel purchases, and we purchase under these agreements. We then pass the steel cost through to our end customer plus a conversion margin.

Outside of these “directed buys”, we operate a multiple supplier sourcing strategy and source our raw materials through various suppliers located throughout the U.S. and abroad. We generally do not have long-term supply agreements with our raw materials suppliers and closely match terms with those of our customers to limit our exposure to commodity price fluctuations. We believe that we will be able to obtain an adequate supply of steel and other raw materials to meet our manufacturing requirements, although from time to time we have faced shortages of specific grades of steel. Additionally, due to the globalization of the supply chain for tower steel prompted by the increasing use of “directed buys”, we faced supply disruptions during 2015 associated with the West Coast port labor slowdowns. Such shortages have periodically limited our ability to meet customer demand and caused manufacturing inefficiencies. We have made modifications to our supply chain management practices to deal more effectively with potential disruptions arising from the practice of “directed buys”.


Broadwind Inc's Comment on Supply Chain


The primary raw material used in the construction of wind towers and gearing products is steel in the form of plate, bar stock, forgings or castings. The market for tower steel has become increasingly globalized. Although we are generally responsible for procurement of the raw materials, our global tower customers often negotiate the prices and terms for steel purchases, and we purchase under these agreements. We then pass the steel cost through to our end customer plus a conversion margin.

Outside of these “directed buys”, we operate a multiple supplier sourcing strategy and source our raw materials through various suppliers located throughout the U.S. and abroad. We generally do not have long-term supply agreements with our raw materials suppliers and closely match terms with those of our customers to limit our exposure to commodity price fluctuations. We believe that we will be able to obtain an adequate supply of steel and other raw materials to meet our manufacturing requirements, although from time to time we have faced shortages of specific grades of steel. Additionally, due to the globalization of the supply chain for tower steel prompted by the increasing use of “directed buys”, we faced supply disruptions during 2015 associated with the West Coast port labor slowdowns. Such shortages have periodically limited our ability to meet customer demand and caused manufacturing inefficiencies. We have made modifications to our supply chain management practices to deal more effectively with potential disruptions arising from the practice of “directed buys”.



BWEN's Suppliers Net Income grew by BWEN's Suppliers Net margin grew in Q3 to
58.71 % 6.63 %


Broadwind Inc 's Suppliers Sales Growth in Q3 2023 by Industry

Suppliers from Aluminum Industry -9.8 %   
Suppliers from Iron & Steel Industry      35.12 %
Suppliers from Metal Mining Industry    
Suppliers from Miscellaneous Fabricated Products Industry -12.57 %   
Suppliers from Conglomerates Industry -1.64 %   
Suppliers from Professional Services Industry      42.76 %
     
• BWEN Suppliers Valuation • BWEN Suppliers Mgmt. Effect.





BWEN's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Broadwind Inc 50.70 117.54 3.73 600
United States Steel Corp 10,161.02 18,247.00 1,149.00 34,680
Dmc Global Inc 450.29 719.05 34.76 428
Solitario Resources Corp 42.63 0.19 -3.75 5
Timkensteel Corporation 992.00 1,332.40 34.90 2,600
Insteel Industries Inc 723.81 602.77 22.42 848
Commercial Metals Company 6,906.89 8,489.44 427.22 8,388
Arconic Corporation 3,050.71 8,141.00 -254.00 0
Remitly Global Inc 3,774.51 944.29 -117.84 0
Novelis Inc 0.00 16,530.00 590.00 11,970
Century Aluminum Company 1,411.30 2,184.90 -52.30 1,778
Steel Dynamics Inc 24,815.18 18,794.88 2,467.33 10,640
Nucor Corporation 49,260.48 35,732.93 5,366.20 28,800
Alcoa Corp 6,039.06 10,619.00 -966.00 61,000
Worthington Industries Inc 3,104.41 4,700.98 303.63 10,500
Ati Inc 7,480.65 4,173.60 423.40 9,700
Kaiser Aluminum Corporation 1,375.67 3,141.30 13.20 2,760
Ryerson Holding Corporation 1,120.00 5,284.10 96.60 3,000
Olympic Steel Inc 788.92 2,158.16 44.53 1,660
Arcelormittal 22,823.45 68,275.00 1,022.00 0
SUBTOTAL 144,320.97 210,071.00 10,601.30 188,757


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com