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, Fastener Network delivers to site to service the onsite requirements. Our bespoke barcoded 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
Customers can also manage their own stock replenishment by using our software and scanners to run their KanBan. This is 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.