When Big Companies Need Help Outside Their Expertise
POV: Ryan Thomas, Chief Operating Officer
Big corporations have their one thing they're really good at, and they focus all their energy on this piece. When they go to innovate and create a new vertical, their core suppliers aren't designed to support that.
So they normally will come to Morey because we're a pretty big company. We have a great quality reputation, a great engineering reputation, and we can really help them in their new vertical, even if it takes multiple years, to get that. product to the market.
And we've seen it with at least five Fortune 50 companies have come to Morey saying, "We have this great idea. It's not core, so we can't use our supply base. We want you guys to manage everything. We'll give you a team." We actually have a product that's getting ready to launch that's from a Fortune 50 that's in that new innovative lane.