CSIMarket Company Name, Ticker, Competitors, else..
 
Thermon Group Holdings inc   (NYSE: THR)
 

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 11.84 % year on year, sequentially cost of sales grew by 8.97 % in Q4.

• More on THR Suppliers



Thermon Group Holdings Inc recorded increase in cost of sales by 11.84 % year on year, sequentially cost of sales grew by 8.97 % in Q4.

• More on THR Suppliers




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)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Thermon Group Holdings inc 2,005.39 536.06 44.57 1,416
SUBTOTAL 0.00 0.00 0.00 -


Sources: Thermon Group Holdings inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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