A Fortune 500 company wanted to free-up cash by reducing their parts inventory. They had a full-time person, storing and retrieving (and sometimes looking for misplaced) inventory, and a full-time inspector performing receiving inspection, along with sorting and returning parts that did not pass inspection.
This customer was able to free up over $50,000 in cash and reduced their shop indirect costs by $40,000 annually (2 FTEs including benefits) by using a Kanban reordering system and PFI’s Just-in-time Certified Stocking Program. Furthermore, because of our proven record of high quality and reliability of delivery, the parts can skip receiving inspection and be taken directly from the dock to the assembly station.
To achieve optimized efficiency, reduced waste, and time savings, our lean manufacturing tools include Kanban and Just-in-Time strategies. We offer EDI capability and accommodate other methods of shipment release. With finished product holdings of $200K and 90 unique customers in the program, PFI Machining is committed to easing your supply chain worries. Support is provided by phone, fax, and email. A variety of methods for delivery are utilized including air, trucking, ships, and railroads and have 99% on-time delivery. Fully-customized supply chain solutions are available, designed with each client according to their specific needs. For more information about our cost effective lean manufacturing and stocking services please see the table below or contact us directly.
|Warehousing Services||Computerized Inventory Management
Expedited Shipments Available
|Service Features||EDI Capability
|Additional Services Provided||Barcoding
Pick and Pack
Stock Location on Packing Slips
|Volume||90 Customers on Stocking Program|