Knowledge
At Component Technologies we employ our specialized knowledge of the machining industry to benefit our customers every day. We do this as sourcing agents, providing a single source for any machined component required, or as consultants, analyzing all purchased components to ensure that they are being made on the most efficient machine, by the best shop suited for them, and that the designs offer the best machinability without sacrificing function.

Sourcing Agents
Illinois and the surrounding area is the heart of the machining and screw machine industry; there are virtually thousands of shops here, each with their own niche. We utilize our in-depth knowledge of this marketplace to best serve our customers' needs as they arise. Sometimes it may be low price, other times it may be a three-day delivery or guaranteed zero defects.

The machining industry is a niche-oriented industry; you must find the perfect fit between shop, component and needs. This is our specialty; it's like getting access to all the best sources here but only making one call or sending one fax.

Consulting
Recently introduced in 2002, our pay-for-performance consulting business works closely with our clients to help reduce the cost of all outsourced machined components. Our goal is to reduce outsourcing costs by 25%.

We are currently working with our initial client and have made recommendations reducing their costs by $108,000, which represents a 37% reduction over only 16 part numbers.

Our compensation is based on a percentage of the savings realized, thus providing a no risk opportunity for our clients.