Connecting Businesses Globally - MPI Market Place Investors


		MPI serves to connect electronic manufacturers to the global excess marketplace, helping them take advantage of cost-savings opportunities that become available everyday. Manufacturers can realize greater profits with the cost-reduction service, and contract assemblers can also achieve greater OEM customer satisfaction and strengthen customer relations by passing the savings we find through to their customers. The relationships that manufacturers have with their franchised distributors are vital to maintaining a steady and stable supply chain, and we are very sensitive to the importance of those relationships. MPI seeks to supplement our customers' existing supply stream with significant cost-savings opportunities; we do not wish to replace, displace or otherwise upset those relationships. HOW IT WORKS: The cost-reduction service requires that the customer share their costed BOM information, which includes the manufacturers' part numbers, standard costs or current bids, and projected demand or EAU. This information is entered into our internal system, which will then monitor the market for new availabilities of those parts; as new excess stock is made available, we are alerted to call vendors and try to negotiate a savings on a particular item of at least 15%, regardless of quantity. If a savings can be negotiated, MPI sends a report to the customer that outlines all of the current opportunities, and the customer has the choice whether to make the purchase or not, depending on what makes sense for them relative to their existing supply situation. This simple process can have great impact on the overall cost of materials, especially over the long term, and costs the customer nothing. The cost-reduction service helps companies leverage excess-market pricing to the fullest, and it is at the core of most of MPI's established partnerships. For questions or further information contact Frank Wetmore fwetmore@mpinvestors.com or call (781)592-4600.