Paramit has developed a unique approach to managing our dynamic high-mix supply chain, which allows us to purchase thousands of components and fabricated parts each week and react quickly to customer demand changes.

Organizationally, buyers are split into commodities and customer projects, a division that allows better focus on executing customer needs while retaining commodity expertise and ongoing relationships.

Logistically, internal receiving, stocking and kitting processes have been developed to automate transactions, maintain quality, and support maximum flexibility.

Paramit’s customized materials management systems are among the most comprehensive, automated, and flexible in the industry.

Data Management/Integrated Supply Chain

Paramit takes aggressive measures with its suppliers to lower component pricing, reduce excess inventory and remain responsive to customers’ demand changes. Using purchasing execution software tools designed specifically by Paramit, which systematically access and integrate suppliers information into Paramit’s MRP system, we are able to purchase thousands of parts each week, react quickly to customer demand changes and aggregate the purchase of common parts across multiple customers.

Purchasing Organization

By utilizing a mixed commodity/project buying approach, we realize efficiency and scalability without losing focus on critical long lead-time parts. A project buyer is assigned to each customer, and this buyer manages customer-specific parts and non-standard, high-risk components that require special attention.

Materials Logistics

Once material arrives at Paramit, parts are rapidly inspected and received into stock. Because there are no delays in the physical flow of materials, we are able to generate real-time status reports and easily plan "Work in Process" (WIP). Cycle-count programs, moisture-sensitive device handling procedures, in-house IC programming, and disciplined kit release/WIP tracking systems are all in place to prevent materials issues from impacting customer shipments.