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Varian Medical Systems Inc   (NYSE: VAR)
 

Varian Medical Systems Inc's Suppliers Performance

VAR's Supply Chain




 
VAR Costs vs Sales of Suppliers Growth Varian Medical Systems Inc's Suppliers recorded an increase in sales by 9.95 % year on year in Q1 2020, sequentially sales grew by 10.32 %, Varian Medical Systems Inc's cost of sales deteriorated by -9.15 % year on year, relative to one quarter ago cost of sales fell by -11.77 % in Q1.

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Varian Medical Systems Inc's Suppliers recorded an increase in sales by 9.95 % year on year in Q1 2020, sequentially sales grew by 10.32 %, Varian Medical Systems Inc's cost of sales deteriorated by -9.15 % year on year, compare to one quarter ago cost of sales fell by -11.77 % in Q1.

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Varian Medical Systems Inc's Comment on Supply Chain


We manufacture our medical linear accelerators in Palo Alto, California and in Beijing, China. Our treatment simulator systems and some accelerator subsystems are manufactured in Crawley, United Kingdom and some of our other accessory products in Baden, Switzerland; Helsinki, Finland; Toulouse, France and Winnipeg, Canada. We manufacture our high dose rate brachytherapy systems in Crawley, United Kingdom and Haan, Germany and our brachytherapy treatment planning products in Charlottesville, Virginia. Calypso manufactures components of their tumor tracking and motion management products in Seattle, Washington. Our security and inspection linear accelerators are principally manufactured in Las Vegas, Nevada. We manufacture components and sub-systems for our proton therapy products and systems in Troisdorf, Germany. We manufacture our X-ray imaging component products in Salt Lake City, Utah; Charleston, South Carolina; Liverpool, New York; Willich, Germany and Beijing, China. These facilities employ state-of-the-art manufacturing techniques, and several have been honored by the press, governments and trade organizations for their commitment to quality improvement. These manufacturing facilities are certified by International Standards Organization (“ISO”) under ISO 9001 (for security and inspection products) or ISO 13485 (for medical devices).


Manufacturing processes at our various facilities include machining, fabrication, subassembly, system assembly and final testing. We have invested in various automated and semi-automated equipment for the fabrication and machining of the parts and assemblies that we incorporate into our products. We may, from time to time, invest further in such equipment. Our quality assurance program includes various quality control measures from inspection of raw materials, purchased parts and assemblies through on line inspection. We outsource the manufacturing of many major subassemblies and perform system design, assembly and testing in house. We believe outsourcing enables us to reduce or maintain fixed costs and capital expenditures, while also providing us with the flexibility to increase production capacity. We purchase material and components from various suppliers that are either standard products or customized to our specifications. We obtain some of the components included in our products from a limited group of suppliers or from a single source supplier, such as the radioactive sources for high dose afterloaders, klystrons for linear accelerators; transistor arrays and cesium iodide coatings for flat panel detectors and specialized integrated circuits, X-ray tube targets, housings, glassframes and various other components; and radiofrequency components, magnets and gantry hardware for proton therapy systems. We require certain raw materials such as tungsten, lead and copper for Oncology Systems and security and inspection products; copper, lead, tungsten, rhenium, molybdenum zirconium, and various high grades of steel alloy for X-ray tubes, and high-grade steel, high-grade copper and iron for the VPT business. Worldwide demand, availability and pricing of these raw materials have been volatile, and we expect that availability and pricing will continue to fluctuate in the future.

Varian Medical Systems Inc's Comment on Supply Chain


We manufacture our medical linear accelerators in Palo Alto, California and in Beijing, China. Our treatment simulator systems and some accelerator subsystems are manufactured in Crawley, United Kingdom and some of our other accessory products in Baden, Switzerland; Helsinki, Finland; Toulouse, France and Winnipeg, Canada. We manufacture our high dose rate brachytherapy systems in Crawley, United Kingdom and Haan, Germany and our brachytherapy treatment planning products in Charlottesville, Virginia. Calypso manufactures components of their tumor tracking and motion management products in Seattle, Washington. Our security and inspection linear accelerators are principally manufactured in Las Vegas, Nevada. We manufacture components and sub-systems for our proton therapy products and systems in Troisdorf, Germany. We manufacture our X-ray imaging component products in Salt Lake City, Utah; Charleston, South Carolina; Liverpool, New York; Willich, Germany and Beijing, China. These facilities employ state-of-the-art manufacturing techniques, and several have been honored by the press, governments and trade organizations for their commitment to quality improvement. These manufacturing facilities are certified by International Standards Organization (“ISO”) under ISO 9001 (for security and inspection products) or ISO 13485 (for medical devices).


Manufacturing processes at our various facilities include machining, fabrication, subassembly, system assembly and final testing. We have invested in various automated and semi-automated equipment for the fabrication and machining of the parts and assemblies that we incorporate into our products. We may, from time to time, invest further in such equipment. Our quality assurance program includes various quality control measures from inspection of raw materials, purchased parts and assemblies through on line inspection. We outsource the manufacturing of many major subassemblies and perform system design, assembly and testing in house. We believe outsourcing enables us to reduce or maintain fixed costs and capital expenditures, while also providing us with the flexibility to increase production capacity. We purchase material and components from various suppliers that are either standard products or customized to our specifications. We obtain some of the components included in our products from a limited group of suppliers or from a single source supplier, such as the radioactive sources for high dose afterloaders, klystrons for linear accelerators; transistor arrays and cesium iodide coatings for flat panel detectors and specialized integrated circuits, X-ray tube targets, housings, glassframes and various other components; and radiofrequency components, magnets and gantry hardware for proton therapy systems. We require certain raw materials such as tungsten, lead and copper for Oncology Systems and security and inspection products; copper, lead, tungsten, rhenium, molybdenum zirconium, and various high grades of steel alloy for X-ray tubes, and high-grade steel, high-grade copper and iron for the VPT business. Worldwide demand, availability and pricing of these raw materials have been volatile, and we expect that availability and pricing will continue to fluctuate in the future.


VAR's Suppliers Net Income grew by VAR's Suppliers Net margin grew in Q1 to
1594.16 % 11.74 %
VAR's Suppliers Net Income grew by 1594.16 %


VAR's Suppliers Net margin grew in Q1 to 11.74 %


Varian Medical Systems Inc's Suppliers Sales Growth in Q1 2020 by Industry

Suppliers from Chemical Manufacturing Industry      2.03 %
Suppliers from Chemicals - Plastics & Rubber Industry      22.89 %
Suppliers from Iron & Steel Industry -30.06 %   
Suppliers from Metal Mining Industry -47.53 %   
Suppliers from Construction Raw Materials Industry  
Suppliers from Conglomerates Industry -6.28 %   
Suppliers from Oil And Gas Production Industry -27.44 %   
Suppliers from Oil & Gas Integrated Operations Industry -5.8 %   
Suppliers from Biotechnology & Pharmaceuticals Industry      1325.69 %
Suppliers from Laboratory Analytical Instruments Industry      34.22 %
Suppliers from Professional Services Industry      80.01 %
Suppliers from Internet Services & Social Media Industry      11.32 %
Suppliers from IT Infrastructure Industry      21.25 %
Suppliers from Scientific & Technical Instruments Industry      54.49 %
Suppliers from Semiconductors Industry      2.62 %
     





VAR's vs. Suppliers, Data

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



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Varian Medical Systems Inc 16,325.85 3,118.10 277.30 10,372
Wolfspeed Inc 1,057.47 712.90 -1,583.40 2,371
Rpm International Inc 12,725.42 7,863.42 662.14 17,546
Ppg Industries Inc 24,069.14 16,121.00 1,599.00 43,500
Piedmont Lithium Inc 159.10 105.10 -53.19 13
Occidental Petroleum Corporation 58,505.16 21,671.00 7,311.00 10,412
SUBTOTAL 1,208,951.21 556,740.07 40,192.23 1,042,084
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Sources: Varian Medical Systems 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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