Creating a Single Touch Point for Supply
Princeps customers understand how good it can feel to have a single point of contact for their EEE sourcing and procurement needs, rather than a sparingly used, costly and disparate raft of suppliers.
Access to the global supply chain, credit terms, delivery options, traceability, flow downs, accreditations, progressing and vendor management can all be consolidated into one strategic supply chain partner, saving time, reducing costs and adding value.
Our Tail Management service always uses Princeps Prime
Need to maintain traceability? Only trusted, manufacturer authorised sources are used for this service. Parts are procured only from the OCM (original component manufacturer) or their authorised supply chain, we work with some of the largest aerospace organisations in the world, every day providing traceability, meeting requirements, managing flow downs and giving peace of mind.
Streamlined Supply Chain Solutions
Our range of Supply Chain and Component Sourcing services include:
Traceability
Safe, traceable sourcing of currently available EEE components. Order traceable current parts via a variety of ordering and delivery models including blanket, call off and KANBAN.
Sourcing
Rely on our knowledge & expertise to securely source the parts you need. Secure sourcing for hard-to-find parts including those that are obsolete.
Obsolescence
Continuity planning for obsolescence & open market sourcing of obsolete parts. Obsolescence management and mitigation, BOM monitoring and AS6081 releases, helping avoid long term supply concerns.
Kitting
Managed solution including sourcing and traceability. Simplify production with kitting solutions & reduce hidden costs, streamlining manufacturing and addresses counterfeit mitigation.
Princeps' Tail Management services
With Princeps' Tail Management services, organisations achieve a competitive edge through better cost control, freeing up capital that would otherwise be tied up in unnecessary supplier management. Our services eliminate hidden costs, streamline procurement, and improve overall efficiency.
Speak to us to gain a competitive advantage by improving tail management
What is Tail Management?
Tail management is the process of rationalising and streamlining a company’s supplier base to enhance efficiency and reduce costs. By consolidating multiple suppliers into a single point of contact, organisations can minimise resource drain and improve operational effectiveness. This approach allows businesses to focus on strategic supplier relationships, which ultimately leads to better procurement practices and reduced hidden costs.
How can Princeps support Tail Management?
Princeps provides comprehensive support in managing your supplier network, offering services that streamline your procurement process. Our expertise in vendor management and access to a global supply chain enables you to focus on your core business operations while we handle the complexities of supplier relationships.
Why is Tail Management important?
Effective tail management is essential as it allows companies to optimise their supply chains, reduce unnecessary overhead, and improve the quality of vendor relationships. By eliminating unproductive suppliers and establishing a streamlined communication process, organisations can improve efficiency, reduce lead times, and ensure consistent quality in their products and services.