Published On: June 19, 2024Categories: Company News, Industry News

You might think you can stop evaluating medical suppliers once you’ve aligned your company with that “perfect” vendor who satisfies all your requirements, but should you?

Successful business owners always have a backup plan in their hip pockets to prevent unexpected incidents from causing chaos. Keeping a list of additional suppliers on hand is one of their tactics.

Having a backup supplier is important for several reasons, but risk mitigation tops the list. Natural disasters happen. Unions go on strike. Bridges collapse. Companies go bankrupt. And things like this usually happen with little or no warning. When they do, you’ll want to have a vetted backup supplier on speed dial.

Downtime is the nemesis of every manufacturer, and when your primary supplier can’t deliver what you need, your backup supplier can help you keep your customers satisfied and avoid the risk of losing sales.

That said, a backup supplier is not the same as a multi-supplier approach. While multi-sourcing involves having relationships with multiple suppliers, a backup supplier specifically serves as a safety net when your primary supplier faces challenges. By strategically managing backup suppliers, you enhance your supply chain resilience and minimize disruptions.

Additionally, a backup supplier can provide a competitive edge, often helping to negotiate better terms and pricing with your primary supplier.

Many companies use Hobbs Medical as their primary source for medical supplies, but others still don’t know much about us. Sometimes we don’t meet a new customer until their primary supplier fails them. When that happens, we happily act as their backup supplier and do all we can to help them out.

We usually hear from these new customers when the products they need are out of stock with their primary supplier, and we can almost always provide what they need quickly since were the manufacturer. No middleman required. After we’ve satisfied their immediate needs, some customers return to their original supplier. But just as often they don’t. Instead, Hobbs Medical becomes one of their primary suppliers.

Contact Us when you need a supplier that has your back.

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