Business View Magazine - Dec 2023

company is also dedicated to giving back, offering a scholarship for aspiring engineers in the local community. SUPPLY CHAIN EXCELLENCE Sierra Pacific has been utilizing Oracle, a comprehensive enterprise resource planning (ERP) system, to manage its inventory needs since 1998. With a focus on data-driven decision-making, the company uses Oracle’s advanced supply chain planning tools and material requirements planning (MRP) to maintain historically low stockouts, staying below 3%. “We’re in the business of having parts and having inventory. That’s the business we’re in and we always carry a lot of inventory,” says Stein. “We’ve got data going back to 1998. We’ve got better data and analytics than any of our customers. So, it’s another differentiator to them.” Underscoring the importance of being a dependable trade partner, Snider stresses Sierra Pacific’s commitment to ordering quantities that work for both Sierra Pacific and its customers. Their business model centers around economies of scale, ensuring consistency in high-volume, repeat business, and adopting a just-in-case inventory approach rather than just-in-time. “We’re about consistency, he maintains. “In general, we don’t care so much about our inventory turns, we’d much rather have enough parts to cover our customers than to run out. That’s part of our service and value add, keeping a lot of inventory on hand for our customer’s needs.” Dave Mochalski, CEO, details, “We’re sophisticated enough to deal with the very large organizations and all their expectations, and we’re efficient enough to satisfy the smaller customers as well. So that makes us a little bit unique. With our engineering team, half of what we do never appears in our catalog, because it’s some kind of custom design that we’ve done on behalf of our customers, with our customers, or for our customers. The talent we have in the engineering team is really extraordinary and helps us bring a lot of value to the company.” LOOKING TO THE FUTURE As for what comes next for Sierra Pacific Engineering & Products, Mochalski envisions 157 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12 SI ERRA PACI FIC ENGINEERING & PRODUCTS