Unlock the Power of Stamping Steel Consolidation with your Stamping Suppliers
How Steel Consolidation Works
01
Volume Consolidation
We combine steel purchases across multiple suppliers to leverage volume discounts. This approach reduces costs per pound and improves negotiating power with steel mills and service centers.
02
Supplier Collaboration
By working closely with your suppliers, we ensure that they source steel at the most competitive prices available, further reducing your overall material costs.
03
Self-Funding Model
Our program operates on a shared savings basis, meaning there are no upfront costs to your business. You only pay a portion of the savings we generate, ensuring immediate positive cash flow and zero financial risk.
Benefits of Steel Consolidation
No Upfront Costs
Start saving without any initial investment. Our program is fully self-funded.
Risk-Free Guarantee
We only get paid when you save, ensuring a completely risk-free partnership.
Significant Cost Savings
Achieve up to 30% savings on steel procurement in the first year alone.
Streamlined Supply Chain
Optimize your steel supply chain with bundled purchases and reduced complexity.
Increased Efficiency
Focus on your core business while we manage the complexities of steel procurement.
Some of our clients
FAQs
What is Steel Consolidation Programme?
It is a supply chain optimization service that helps businesses reduce costs by bundling steel purchases across suppliers, leading to volume discounts and significant savings. CSC partners with steel mills and service centers to achieve these cost reductions.
How does the Self-Funding Program work?
CSC operates on a no-cost, no-risk, self-funding model. In Year 1, savings are split 50/50 between CSC and the customer. From Year 2 onward, the customer retains 100% of the savings. This ensures positive cash flow and eliminates any upfront costs or financial risks for the customer.
What industries does this Steel Consolidation Program cater to?
This program focuses on industries that require steel commodities such as stampings, forgings, and machined components. Our services are applicable across regions like the US, Canada, and Mexico.
How are savings generated?
CSC consolidates steel purchases across suppliers to create volume discounts. By working directly with steel mills and service centers, we help our customers source lower-priced steel, leading to substantial cost savings.
What is required from customers to participate in the program?
Customers need to provide details about their annual steel spend, tonnage, material specifications, and current suppliers. Additionally, having cost breakdowns for parts and pricing mechanisms (e.g., index adjustments) will help accelerate the process.
What if there are no current cost breakdowns available?
CSC applies cost modeling to estimate current steel cost levels and usage. This allows us to determine if savings opportunities exist and develop a business case for cost reduction.
Is this program beneficial for smaller suppliers?
Yes, transitioning from smaller volume purchases to bundled steel buys benefits both large and small suppliers by reducing steel costs and improving the efficiency of supply chains.