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Power Solutions International Inc (NASDAQ: PSIX) |
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Power Solutions International Inc's Suppliers Performance
PSIX's Supply Chain
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PSIX Costs vs Sales of Suppliers Growth |
Power Solutions International Inc recorded an increase in cost of sales by 37.68 % year on year, relative to one quarter ago cost of sales fell by -6.86 % in Q1.
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More on PSIX Suppliers
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Power Solutions International Inc recorded increase in cost of sales by 37.68 % year on year, compare to one quarter ago cost of sales fell by -6.86 % in Q1.
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More on PSIX Suppliers
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Power Solutions International Inc's Comment on Supply Chain
Engine and Component Suppliers
We have established relationships with suppliers for the engines to be integrated
into our comprehensive power systems, the most significant of which are Doosan,
Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (“SAME”),
General Motors and Perkins/Caterpillar. We also source our other power system
components from third party suppliers. We coordinate design efforts with suppliers
for some of our key components. In addition, we internally design other parts
and components for our products, own the tooling for such parts and components
and globally source them from a variety of domestic and global suppliers. Because
we design many of our parts and components in-house, we are generally not limited
in our choice of suppliers. As such, we are able to select our supplier relationships
based upon a supplier’s reliability and performance.
We aggregate our product sourcing efforts across our large and diverse OEM
customer base and across industry categories, capitalizing on volume, economies
of scale and global supply opportunities. Our OEM customers benefit from the
aggregation of our global sourcing, procurement, assembly and packaging services,
obtaining cost benefits that they might not obtain if they were to rely on their
own internal resources, capabilities and more limited demand requirements. Through
this process, industrial OEMs are able to reduce their part numbers and supply
base by consolidating their procurement and assembly efforts down to a single
part number product supplied by us. We deliver this single assembly to an industrial
OEM’s production line as an integrated drop-in to the OEM’s end
product.
Arrangements with Key Suppliers
We enter into various arrangements with suppliers from which we source engines
and other components which are incorporated into our power systems. These arrangements
generally govern the terms and conditions upon which we purchase engines, components
and other raw materials for use in our power systems. In general, the prices
at which we purchase engines, components and other raw materials are based on
market factors, including the prices offered by other suppliers operating in
the same market and the prevailing market prices of raw materials. The terms
of each of the individual arrangements are negotiated with each supplier on
an individual basis, but are generally consistent with typical arrangements
between manufacturers and suppliers in our industry.
Power Solutions International Inc's Comment on Supply Chain
Engine and Component Suppliers
We have established relationships with suppliers for the engines to be integrated
into our comprehensive power systems, the most significant of which are Doosan,
Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (“SAME”),
General Motors and Perkins/Caterpillar. We also source our other power system
components from third party suppliers. We coordinate design efforts with suppliers
for some of our key components. In addition, we internally design other parts
and components for our products, own the tooling for such parts and components
and globally source them from a variety of domestic and global suppliers. Because
we design many of our parts and components in-house, we are generally not limited
in our choice of suppliers. As such, we are able to select our supplier relationships
based upon a supplier’s reliability and performance.
We aggregate our product sourcing efforts across our large and diverse OEM
customer base and across industry categories, capitalizing on volume, economies
of scale and global supply opportunities. Our OEM customers benefit from the
aggregation of our global sourcing, procurement, assembly and packaging services,
obtaining cost benefits that they might not obtain if they were to rely on their
own internal resources, capabilities and more limited demand requirements. Through
this process, industrial OEMs are able to reduce their part numbers and supply
base by consolidating their procurement and assembly efforts down to a single
part number product supplied by us. We deliver this single assembly to an industrial
OEM’s production line as an integrated drop-in to the OEM’s end
product.
Arrangements with Key Suppliers
We enter into various arrangements with suppliers from which we source engines
and other components which are incorporated into our power systems. These arrangements
generally govern the terms and conditions upon which we purchase engines, components
and other raw materials for use in our power systems. In general, the prices
at which we purchase engines, components and other raw materials are based on
market factors, including the prices offered by other suppliers operating in
the same market and the prevailing market prices of raw materials. The terms
of each of the individual arrangements are negotiated with each supplier on
an individual basis, but are generally consistent with typical arrangements
between manufacturers and suppliers in our industry.
PSIX's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
News about
Power Solutions International Inc Contracts
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