Solution
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•COST REDUCTION – OPEN MARKET BUYBill of materials analysis
Usage of internal system matching tools
Global sourcing presence facilitating competitive prices -
•MINIMUM ORDER QUANTITY MANAGEMENTPrice reduction due to volume buy
Reduced cost of ownership and damage risks.
Overheads reduced and cash flow increased
System visible inventory -
•LAST TIME BUY / END OF LIFEInventory visibility
No upfront cash required
Excess material recovery plan
Reduces obsolescence costs -
•VENDOR MANAGED INVENTORY / CONSIGNMENTVisibility of data makes forecasting easier
Visibility of stock levels help identify priorities
Eastrill consolidation resulting in cost reduction
Overhead cost reduced