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Vapor Hub International Inc. (VHUB) |
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Vapor Hub International's Suppliers Performance
VHUB's Supply Chain
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VHUB Costs vs Sales of Suppliers Growth |
Vapor Hub International's Suppliers recorded an increase in sales by 12.43 % year on year in Q4 2015, from the previous quarter, sales fell by -2.79 %, Vapor Hub International's cost of sales deteriorated by -10.48 % year on year, relative to one quarter ago cost of sales fell by -50.16 % in Q4.
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Vapor Hub International's Suppliers recorded an increase in sales by 12.43 % year on year in Q4 2015, from the previous quarter, sales fell by -2.79 %, Vapor Hub International's cost of sales deteriorated by -10.48 % year on year, compare to one quarter ago cost of sales fell by -50.16 % in Q4.
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News about Vapor Hub International Inc. Contracts |
Vapor Hub International's Comment on Supply Chain
We use third party contract manufacturers to produce and finish our mods (“Mods”),
including our Limitless Mechanical Mod, from facilities located in both Southern
California and China. Our Mods, which are made from a metallic material such as
steel, brass or copper, are custom machined to meet our design specifications.
Once machined, unfinished products are delivered to our location in Simi Valley
or to a third party service provider to be buffed, polished and to add various
treatments and embellishments, such as paint and engravings. Finished products
are then held in inventory for distribution and sale. In our fiscal year ended
June 30, 2015, we relied on one manufacturer to machine all of our Mods and in
the fiscal year ended June 30, 2016, we relied on two. Although we have relied
on a limited number of manufacturers to machine our Mods, we believe manufacturing
capacity is available to meet our current and planned needs. We do not currently
have any long term agreements in place for the manufacture of our Mods. | |