Vendor-Managed Inventory
When you’re purchasing for a large contract spanning several years, you need to make sure that products will be available on time, exactly when you need them. At New Source, we’re proud to partner with major players in the defense and aviation industries to service these contracts through vendor-managed inventory.
With vendor-managed inventory, we house and manage large volumes of aerospace grade aluminum extrusion stock for you, meaning we can package and ship them out exactly when you need them from one of our bicoastal warehouses. No extra time for manufacturing is required, saving you many headaches down the road.
Managed Processing Capabilities
We work with experienced manufacturers to provide solutions for additional processing services to suit your needs, including:
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Heat Treatment
Aluminum extrusion heat treatment increases the strength and hardness of heat-treatable alloys including aerospace grade aircraft extrusion aluminum products by placing it in a specialized oven per specification requirements..
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Machining
Get your metals processed with precision. Our industry partners cut, mill, punch, or shape your metal to deliver the end pieces you need based on the durability and malleability of the alloy.
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Materials Testing
Ensure your aerospace grade aircraft extrusion aluminum and other metal products meet performance standards by sending us a sample of your chosen metal for physical and chemical testing performed by our trusted vendors.
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Precision Grinding Saw
State-of-the-art precision grinding saws can shave your alloy sheet or plate down to your required specification to meet your exact needs.
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Cutting
Get your metal bars cut to specific custom lengths with a cut-to-length service that meets your exact design needs without having to go elsewhere for finishing.
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Shearing
Your sheet metal can be brought to the exact dimensions through precision shearing, including trimming excess metal while avoiding jagged edges and buckling.
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Trepanning
Custom tubes for aerospace grade aluminum and other metal designs are engineered using precise trepanning equipment to drill through metal bars without destroying the removed material.
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Waterjet Cutting
Intricate design work like notches and holes is completed to your exact specifications through waterjet cutting, delivering custom parts while maintaining tight tolerances.
Our Value-Added Services
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Cut-to-Size Optimization
Using the latest equipment, we can cut your aerospace grade aircraft extrusion aluminum and other metals to precise sizes to fit your particular design, upholding the highest quality standards.
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Just-in-Time Delivery
Need your metals quickly? No problem. We maintain an extensive inventory of aerospace metal parts to fulfill Just-In-Time (JIT) orders without disrupting your production or delivery schedules.
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Value Pricing
Our aerospace metal pricing is one of the most competitive in the industry. Our first priority is the customer, which is why we work hard to offer value-based pricing that fits your budget.
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Demand & Forecast Integration
We know the specialty metals market inside and out, which means we’re well versed at integrating demand and supply planning. This way, we’re poised to meet your metal needs before you even know you have them.
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Risk Mitigation
We’re top-rated for quality because we believe in mitigating risks. We don’t take risks when it comes to the safety or quality of our products because we understand that falling short can endanger the very lives they were designed to protect.
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Stocking Programs
We offer several aluminum extrusion stocking programs and can customize them to your project demands. We manage inventory, produce and manage custom pieces, and more. Our goal is to provide you with all the solutions you need.
Frequently Asked Questions
What is vendor-managed inventory (VMI) and how does New Source's program work?
VMI is an arrangement where New Source stores and manages inventory on the customer’s behalf, shipping material just-in-time according to their production schedule. This is especially useful for multi-year contracts, since it guarantees material availability without requiring the customer to carry the inventory themselves.
What secondary processing services does New Source offer?
New Source coordinates heat treatment, machining, materials testing, precision grinding, cutting, shearing, trepanning, and waterjet cutting through its manufacturing partner network. These services let customers receive finished or near-finished parts rather than raw stock.
Does New Source support long-term program agreements, or only spot buys?
Both. New Source supports one-off spot buys as well as long-term agreements with vendor-managed inventory for customers running multi-year aerospace and defense programs.
How does New Source handle demand forecasting for large aerospace contracts?
New Source integrates demand and supply planning to anticipate a program’s material needs ahead of time, which helps avoid stockouts on long-running contracts. This forecasting works alongside its VMI programs to keep material flowing on schedule.