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New Customer Inventory Management Program Reduces Inventory Holding Cost Unveiled By Cheever Specialty Paper & FilmApr 15, 2016
WAKEFIELD, MASSACHUSETTS -- Cheever Specialty Paper & Film, Inc. a provider of specialty paper, film, and tape products to the U.S. and international markets is now offering a new customer inventory management program. In an effort to help customers reduce or eliminate their inventory holding cost Cheever launched CHIPS, which stands for Customer Hold Inventory Program Service. Jeff Ell,... Read More
Kardex Remstar Shuttle XP500 Mansfield, OH, – Rable Machine Inc., is proud to add to our inventory management system, the Kardex Remstar Shuttle XP500.Â Rable Machine is proud to be the one-stop solution for our customers globally.Â Â We are focused on contract manufacturing with the added benefit of inventory management for our customers.Â Buyers are expected to source quality JIT... Read More
DENVER - Oniqua Intelligent MRO, the leader in MRO inventory optimization for asset-intensive industries, today announced that Lundin Mining has chosen Oniqua Analytics Solution to optimize inventory levels, improve efficiencies and reduce operational costs. With operations in Chile, the United States, Portugal, Sweden and Spain, Lundin Mining Corporation is a diversified Canadian base metals... Read More
Quality Material Handling in Place to Ease Restoration of L.A. Seaport Traffic Following Dock StrikeAug 17, 2015
One month into the recovery, equipment leader begins to see the industry move forward as it helps lead the effort to relieve the area's devastated international trade economy. Azusa, CAÂ – Quality Material Handling, Inc. is situated to help relieve pressure placed on businesses across Southern California as the nation recovers from the nine-month labor dispute that, according to... Read More
By providing outsourced procurement, inventory, and delivery, vendor managed inventory (VMI) supplier ASF Components manages class "c" components. Outsourcing toÂ VMI company will help control class-c components and their associated costs and make aerospace and automotive plants more productive. VMI companies can determine optimum/cost effective packaging combinations; manage inventory by... Read More
I recently came across this article from Scott Frahm and SCRC on Three Steps in Making Vendor Managed ASF-Parts Inventory Work.Â I found it particularly interesting in regard to managing class "C" components such as industrial fasteners. By paying attention to these tips, and using a good dose of common sense, you can quickly start taking advantage of the benefits of a good vendor managed... Read More
There are a ton of benefits associated with vendor managed inventory (VMI). But here's one that really hits home for anyone in engineering or purchasing who is involved with the management of class "c" components: a VMI supplier can smooth out every aspect of the operation from ordering to packaging to delivery to payment. Think of a VMI supplier as "The Fixer." Let's say you need... Read More
Today, more than ever, reducing costs is paramount to purchasing agents and engineers alike in the manufacturing industry — particularly those involved with class "C" components. However, it is also important to remember that the goal is to cut the fat, not the limb. I think you’ll find the following to be full of useful tips, and shows that relying on cut, cut, cut is not the wisest strategy... Read More
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Setting up a Vendor Managed Inventory, or VMI, program for class "c" components can seem to be a daunting task. However, once it is broken down into individual steps, it becomes much more manageable. And it is certainly worthwhile from both efficiency and budgetary points of view. I've found that these easy-to-understand steps in setting up a Vendor Managed Inventory Program can be extremely... Read More
"A cynic is a man who knows the price of everything, and the value of nothing." - Oscar Wilde, Irish Playwright Although he probably didn't mean to — okay, definitely didn't mean to — Oscar easily could have been talking about the way many companies look at purchasing class "c" components, or working with VMI (Vendor Managed Inventory) suppliers. Granted, class "c" components and... Read More
If you're involved in the purchasing, engineering or materials management of class "c" components, you've probably had it up to "here" dealing with dozens upon dozens of suppliers providing you with thousands upon thousands of nickel and dime parts. See if this sounds familiar. Your plant is working with a ton of suppliers from countries spread all over the world. You depend on them to... Read More
Class "c" components are all those high-volume – low-value parts that are a pain in the neck to manage. You know, the tons of bolts, screws, nuts and fasteners your plant uses every day. If it's your responsibility to make sure you have the right part, in the right place, at the right time, make sure you're not spending a dollar to chase a dime. Vendor Managed Inventory (VMI) can save... Read More
Trying to manage the thousands upon thousands of high volume, class "c" components and materials your plant uses every day is a superhuman task.Â If all of those screws, bolts, clips and other fasteners aren't managed with precision and skill it can cost your company money. And cost you sleepless nights. You've probably thought to yourself many times, "There's got to be a better... Read More
Lockout Equipment Inventory ServiceÂ createsÂ detailed list of their equipment and machinery requiring lockout. Data collectedÂ onsite can be imported into LINK360Â® software to help create visual lockout procedures. Also available, Annual Lockout Procedure Audits verify machinery and isolation points on procedure are correct, document any deficiencies in process, and provide documented... Read More
SACRAMENTO, CA – Fast Circuits, a Sacramento-based firm specializing in the supply of rigid, flex and rigid flex PCBs, announced today that it has launched a flexible stocking and inventory control program to provide better pricing and convenience to its customers. The new inventory management program provides cost-effective, volume-based pricing and flexibility in inventory stocking. The new... Read More
Freudenberg-NOK Shares Risk Management Approach to Critical Materials at IndustryWeek Best Plants ConferenceMay 01, 2014
PLYMOUTH, Mich. — Companies struggling to balance the disparate goals of minimizing inventory costs while protecting customers from raw materials shortages can learn about an industry-best purchasing approach from Freudenberg-NOK Sealing Technologies at the 2014 IndustryWeek Best Plants Conference taking place May 5 to 7 in Milwaukee. Freudenberg-NOK will share its approach to managing supply... Read More
Leading Cloud-based Warehouse Management Solution Provider Dispels Myths Around The Ability To Direct and Control Full Warehouse Automation in the Cloud ATLANTA - LogFire, the leading multi-tenant cloud-based supply chain execution and extended warehouse management (WMS) solution and managed services provider confirmed their participation at ProMat International Expo 2013, January 21-24 in... Read More
DEERFIELD BEACH, FL - Inovaxe, a world leader and provider of innovative material handling and inventory control systems, will exhibit its latest storage and handling systems in Booth #3248 at the upcoming IPC APEX EXPO, scheduled to take place February 19-21, 2013 at the San Diego Convention Center in California. Inovaxe will highlight its Ultra Lean Total Material Handling and Storage Solution,... Read More
With online, password-protected Inventory Management System, medical device manufacturers can track inventory, place orders, and manage distribution. System is built upon DotNet 4.0 platform, which enables download of large data files to Excel and/or Adobe PDF in seconds. Equipped to scale as customers grow, system provides variety of email notifications, flexibility to request complete or... Read More
Redmond, Washington/ Dynamic Systems, Inc., a Redmond, Washington software developer specializing in data collection applications has announced the expansion of their Professional Services Department. About Dynamic Systems (DSI) In business since 1981, DSI provides bar code systems that track equipment, inventory, documents, time sheets, capital assets and equipment due for maintenance or... Read More