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Professional Associations, Institutions, Institutes, Standards bodies
News Release from: GTMA | Subject: Buyers' network for gauge and tool products
Edited by the Manufacturingtalk Editorial
Team on 01 December 2004
Buyers' network launched for gauge and
tool
GTMA launches buyers' network GTMA is launching its Buyers' Network, a new initiative enabling OEMs and UK suppliers to work more productively together.
GTMA is launching its Buyers' Network, a new initiative enabling OEMs and UK suppliers to work more productively together The potential benefits of creating a Buyers' Network arose from the association's strategy of a strong industry focus in marketing GTMA members as well as introducing GTMA to many substantial OEM manufacturing directors across the UK during the past year
This article was originally published on Manufacturingtalk on 2 Sep 2003 at 8.00am (UK)
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It was clear from these discussions that UK buyers would, in very many instances, prefer to purchase from UK suppliers, thus gaining the benefit of a local source of supply, obviating cultural and time differences and obtaining high quality products.
However, the buying departments in the OEMs frequently did not have the time or resources to find, assess and select new UK suppliers.
As a trade association with a membership spanning the manufacturing continuum from 'Concept to Component', GTMA is ideally placed to assist these OEMs create suitable lists of UK suppliers, and a substantial buyers network has already been established.
Julia Moore, GTMA CEO, commented; "This is a significant initiative which, while facilitating the procurement process, will also promote the qualities and strengths of UK suppliers and demonstrate their ability to provide real added benefits to the OEMs.
It is particularly relevant now as many large companies are taking a close look at their supply chains, with a view to streamlining the whole purchasing process.".
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