Connect with us on LinkedIn Get a Quote

Price, Quality & Service. Only Omni Systems Delivers On All Three.

3 Reasons Why Financial Stability of Your Suppliers Matters

by OMNI SystemsMay 1, 2017 14:13

We all know financial stability is essential to keeping your business afloat. You probably have a sharp eye on your company’s revenue, profitability and cash flow. Given how important finances are to your company, are you paying close enough attention to the stability of your suppliers? The following are three reasons you should be regularly checking up on your suppliers’ financial strength.

  1. It signals longevity. Losing a supplier can be a devastating event. Even with redundancies in place, a key supplier closing their business can create a ripple effect throughout your entire supply chain. Financial performance is a top indicator of the likelihood that a company will continue or cease business operations. This data isn’t hard to find, either. Dun & Bradstreet regularly evaluates and ranks companies using Financial Stress Scores (FSS), Supplier Evaluation Risk (SER) and Viability Rating.
  2. It indicates business alignment. One of your main goals is to keep your company successful. You want suppliers who are also dedicated to that same goal, who make it as easy as possible to do business well and keep your customers happy. If your suppliers are committed to profitability and growth of their own company, it is also an indicator that they are going to be equally concerned with your success.
  3. And last, but definitely not least, it impacts your bottom line. Financial strength opens many doors for your suppliers. They can negotiate better supply rates, ink exclusive material deals and can more easily acquire new manufacturing equipment and technologies. Better raw materials rates can translate to lower prices. New equipment often results in higher quality and greater production efficiency. When those things come together, it almost always results in positive changes to your bottom line. 

As manufacturing continues to change and evolve, it is ever important to build supplier relationships with companies who are just as committed to your business’s success as you are. When evaluating existing suppliers or choosing new ones, be sure to consider their overall financial strength. It could make a difference down the line.

OMNI Systems is proud to be the only debt-free thermal label supplier ranked by D&B at the 12AA level viability rating (indicating stability and a strong likelihood of continued operations), with FSS and SER scores of 1 (indicating the lowest risk).

Contact us to learn more about OMNI’s commitment to providing the highest quality labels at the lowest prices.

2016: A Year in Review

by OMNI SystemsFebruary 1, 2017 11:27

As we're working in a new year, we also like to reflect on our efforts in 2016. As a leading thermal label converter, we’re proud to have seen continued growth and industry recognition, putting another impressive year in the books. In 2016, we not only saw record profitability and large sales growth year over year but also received honors for growth and innovation.

In looking back on 2016 and looking forward to the new year, we put together an infographic showing what we’ve accomplished in the past year. Check out the infographic below, then let us know if you’re ready to start working with a custom label printer dedicated to using our capabilities to help your business grow. Contact us to get started.

2016 Inc. 5000 List of Fastest Growing Companies Recognizes OMNI Systems

by OMNI SystemsAugust 26, 2016 12:32

We are proud to announce that OMNI Systems has once again been recognized on the Inc. 5000 list of the country’s fastest-growing private companies. The exclusive list honors companies based on their percentage revenue growth over a four-year period. The list “honor[s] just one thing: real achievement by a founder or a team of founders,” says Eric Schurenberg, editor in chief of Inc. Magazine, “No one makes the Inc. 5000 without building something great.”

At OMNI, we’re dedicated to sourcing high-quality materials and, with our buying power, providing the lowest costs. Not only that, but we consistently work to incorporate new innovations so that we can provide greater efficiency and better service for all of our customers. Because of that, we’ve been able to achieve double digit percentage revenue growth since our founding in 1990 and be recognized with such an elite group of entrepreneurs.

“We’re proud that this is our sixth time receiving the Inc. 5000 recognition,” says Adam DeFrancesco, founder and CEO of OMNI Systems, “Our ongoing commitment to innovation and growth has allowed us to continue our mission to provide the highest quality thermal label solutions at the lowest prices.”

In addition to being recognized by Inc, OMNI Systems has been previously awarded an Ernst & Young Entrepreneur of the Year Award for Manufacturing and Distribution and recognized on Printing Impressions Magazine PI-400 list for top US printers.

Want to know more about how our thermal label solutions can help save you time and money? Contact us today >