FORMAT Tools. Why is an Advantage to FORMAT Tools to be Parented by EDE? Part 2
Tuesday, October 18, 2016
In our experience, six key factors that affect such an important decision include:
1. The quality of the cutting tool itself
2. How cutting tool distributors are chosen and monitored by the cutting tool manufacturer
3. Breadth of cutting tool choice
4. Speed of delivery of the cutting tool
5. How the cutting tool manufacturer runs their business and is structured
6. Cutting tools pricing policy
1. The quality of the cutting tool itself
2. How cutting tool distributors are chosen and monitored by the cutting tool manufacturer
3. Breadth of cutting tool choice
4. Speed of delivery of the cutting tool
5. How the cutting tool manufacturer runs their business and is structured
6. Cutting tools pricing policy
In this blog story we will focus on number five, ‘How the cutting tool manufacturer runs their business and is structured.’
Because of EDE’s position as an established, capable and respected global brand, there is another benefit to both distributors and manufacturers, and that is continuation of supply.
Distributors work hard to build relationships with manufacturers and manufacturers work hard to build relationships with distributors so that when they do find the right tools for the job it is a clear win:win.
How frustrating it would then be if the cutting tool manufacturer had to shrink their offering to protect their own cash flow because of (say) volatility in the market.
There are no such issues within this powerful hierarchy. Scale brings solidity and reliability, and that is good for everyone.
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