Industry News 2016
The recent “ Re-Alignment ” of the Inenco group of companies has resulted in branch closures, staff reductions, stock reductions. They are hoping to save costs in duplications of the CBC/BSC branches by moving everything to “Distribution Centres” as they move to a more streamlined supply line. Their thoughts are it requires less branches and staff to service the customers as they move more into a Ecommerse style of selling.
The Applied Industrial Technology” group [AIT] are stocking less bearings and are moving to a more industrial products base like a Blackwoods rather than the core SKF product that was originally the reason for the buy out. They are relying on SKF to stock product but without the distribution system they don’t what are the right products to stock.
These scenarios may work fine for some of the bearing market but not for Large End Users or Heavy Engineering Repairers. stock control, maintenance planning, critical spares listings and handling were some of the main issues when negotiating contracts, we used to encourage off site bearing handling to save the customer dollars, this is now in reverse the big players in the industry are moving to a forward order only system which means “if you want it you buy it” which moves the responsibility back to the End User who isn’t fluent in manufacturing cycles or stocking schedules of the bearing manufacturers.
BearingTech launches full time customer sales and service ensuring your critical spares are there when you need them not on the other side of the world or worse “scheduled for manufacture”.