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Thermon Group Holdings inc (THR) |
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Thermon Group Holdings Inc's Suppliers Performance
THR's Supply Chain
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THR Costs vs Sales of Suppliers Growth |
Thermon Group Holdings Inc recorded an increase in cost of sales by 10.24 % year on year, sequentially cost of sales grew by 14.49 % in Q4.
• More on THR Suppliers
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Thermon Group Holdings Inc recorded increase in cost of sales by 10.24 % year on year, sequentially cost of sales grew by 14.49 % in Q4.
• More on THR Suppliers
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News about Thermon Group Holdings inc Contracts |
Thermon Group Holdings Inc's Comment on Supply Chain
Purchasing Strategy- Our critical raw materials include polymer, graphite, copper
and stainless steel. For most of these materials, we purchase from multiple suppliers
in order to avoid any potential disruption of our manufacturing process. For a
small number of raw material items that require specific quality specifications,
we have single source supply arrangements. We manage the inherent supply risk
through purchase contracts and the maintenance of increased safety stock levels
at all times. We evaluate pricing and performance of all suppliers annually. For
our low-volume custom-built electronic controller components, we select a single
supplier based on past performance reliability and monitor the process closely
as volumes are too low to divide this product over multiple suppliers. Our purchase
specifications are usually based on industry or manufacturer standards. Testing
of the raw materials is performed and documented by our suppliers and is reviewed
by us at the time of receipt.
Thermon Group Holdings Inc's Comment on Supply Chain
Purchasing Strategy- Our critical raw materials include polymer, graphite, copper
and stainless steel. For most of these materials, we purchase from multiple suppliers
in order to avoid any potential disruption of our manufacturing process. For a
small number of raw material items that require specific quality specifications,
we have single source supply arrangements. We manage the inherent supply risk
through purchase contracts and the maintenance of increased safety stock levels
at all times. We evaluate pricing and performance of all suppliers annually. For
our low-volume custom-built electronic controller components, we select a single
supplier based on past performance reliability and monitor the process closely
as volumes are too low to divide this product over multiple suppliers. Our purchase
specifications are usually based on industry or manufacturer standards. Testing
of the raw materials is performed and documented by our suppliers and is reviewed
by us at the time of receipt.
THR's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
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