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Inventory Management

For most manufacturing companies, ‘C’ class components equate to between 60 to 80% of the volume of parts used yet they’re only 1 to 2% of their total spend, meaning the amount of activity is totally disproportionate to the more expensive items that are bought.

Getting high-volume, low-cost components to the production line involves administration, further increasing the total cost, which many businesses find difficult to ascertain. Added to the risk of running out of parts effecting production, managing these small items is crucial.

The simple fact is that these ‘C’ class parts are our ‘A’ class parts. By understanding your business and what is required,Fastener Network can work with you to minimise your activity by delivering the following:

  • High stock turns by reduced stockholding
  • Reduction in paperwork and administration
  • Continuous supply of quality products
  • The knowledge that after a relatively short period of time, we will know more about your ‘C’ class parts than you ever will.

VMI SYSTEMS

KanBan

Visiting the Customer, the Fastener Network Envoy delivers to site to service the site. Our bespoke software system not only takes the order and transmits it straight to our server for immediate action, it works on our ‘SNAKE’ supply system. This ensures that every delivery point is visited, in order…..and the final scan ensures that EVERY location has been checked.

ExBan

A new concept we have developed whereby Customers can manage their own stock replenishment by using our software and scanners to run their KanBan. Particularly useful for Customers who have high security restrictions, or where delivery from our own transport isn’t cost effective.

Both KanBan and ExBan rely heavily on the analysis of usage and bin sizes. As with everything about our VMI systems, we take full responsibility to make them succeed.

Not just because we have to ……but because we want to.

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Dudley Head Office and Export
Unit 5, The Washington Centre
Halesowen Road, Netherton,
Dudley, West Midlands
DY2 9RE
Call us on:
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Fax us on:
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Unit 5, Ambassador Industrial Estate,
Airfield Road, Christchurch, Dorset,
BH23 3TG
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+44(0)1202 479621
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BSI ISO 9001
Certificate Number: FS 543003

Accreditations
Quality Management System ISO 9001:2008