Frequently Asked Questions
When you say you can save my company money, how much are we really talking about?
Response: We can save anywhere from 10%-50% of your inventory costs each year. It all depends on how well or how poor your current system is. On average we see about a 15%-35% savings range in small to mid-size manufacturers, and 30%-50% savings range in large multi-plant companies. For those smaller companies that can mean several hundred thousand dollars in savings, and for larger Fortune 1000 companies the savings can be in the tens of millions to hundreds of millions of dollars in savings. In most small companies the first year ROI on our systems is over 80%. In larger companies ROI can be over 98%!
Our plant is enormous so it takes my machinists 15-20 minutes to get tooling and supplies. That is time they are not productive, and their machines are idle. Two or three trips to the tool crib each day adds up to a lot of downtime. How can you reduce that downtime?
Response: There are two great ways to reduce that lost time. One, remote entry stations on the shop floor. Using a remote entry PC on the shop floor that is located near his/her work area, a machinist can "order" what is needed and a crib runner can deliver the items. Two (the best option), automated dispensers. Vending machines can be placed in each department or cell, or in strategic locations throughout the shop floor. The machines can be loaded with the core items used in those areas and machinists can take only a few steps and in about 15 seconds have their needed item and be back to work. Both options are networked to the crib, and transactions occur in real time so re-supply can be taken care of as soon as it is needed.
Can I set limits to prevent hording, pilfering, and lost items?
Response: Absolutely! Item limits can be established by usage or dollar amount per employee, cell, dept, etc. (up to six user defined criteria). Item limits can also be established by item, group, class, and craft code.
I need to track the cost of consumables, durable items, reworked items, and maintenance items separately, and as a grand total of plant usage. Can you provide such a system?
Response: We sure can. You are able to break down usage costs by any criteria you desire, and can group a few or all groups together for grand totals.
How many suppliers can I use, and can they access the system to update their information?
Response: You can have as many suppliers as you like, there is no limit. Remember, we are not affiliated with any distributor so who you buy from is your choice. Your suppliers can access the system via a direct login to your network. Each supplier will have access to their items only, and can do nothing you do not give them permission to do. Your suppliers can also have reports such as purchase orders, inventory status, needed items, etc. emailed or faxed directly to them.
Can your system handle consignment inventory?
Response: You bet! In fact, you can store some consigned, and some purchased of the same item in the same bin. Your suppliers will be able to manage their consigned inventory remotely, and because this system is so accurate they will be less apprehensive about entering into consignment agreements.
When you say you can save my company money, how much are we really talking about?
Response: We can save anywhere from 10%-50% of your inventory costs each year. It all depends on how well or how poor your current system is. On average we see about a 15%-35% savings range in small to mid-size manufacturers, and 30%-50% savings range in large multi-plant companies. For those smaller companies that can mean several hundred thousand dollars in savings, and for larger Fortune 1000 companies the savings can be in the tens of millions to hundreds of millions of dollars in savings. In most small companies the first year ROI on our systems is over 80%. In larger companies ROI can be over 98%!
Our plant is enormous so it takes my machinists 15-20 minutes to get tooling and supplies. That is time they are not productive, and their machines are idle. Two or three trips to the tool crib each day adds up to a lot of downtime. How can you reduce that downtime?
Response: There are two great ways to reduce that lost time. One, remote entry stations on the shop floor. Using a remote entry PC on the shop floor that is located near his/her work area, a machinist can "order" what is needed and a crib runner can deliver the items. Two (the best option), automated dispensers. Vending machines can be placed in each department or cell, or in strategic locations throughout the shop floor. The machines can be loaded with the core items used in those areas and machinists can take only a few steps and in about 15 seconds have their needed item and be back to work. Both options are networked to the crib, and transactions occur in real time so re-supply can be taken care of as soon as it is needed.
Can I set limits to prevent hording, pilfering, and lost items?
Response: Absolutely! Item limits can be established by usage or dollar amount per employee, cell, dept, etc. (up to six user defined criteria). Item limits can also be established by item, group, class, and craft code.
I need to track the cost of consumables, durable items, reworked items, and maintenance items separately, and as a grand total of plant usage. Can you provide such a system?
Response: We sure can. You are able to break down usage costs by any criteria you desire, and can group a few or all groups together for grand totals.
How many suppliers can I use, and can they access the system to update their information?
Response: You can have as many suppliers as you like, there is no limit. Remember, we are not affiliated with any distributor so who you buy from is your choice. Your suppliers can access the system via a direct login to your network. Each supplier will have access to their items only, and can do nothing you do not give them permission to do. Your suppliers can also have reports such as purchase orders, inventory status, needed items, etc. emailed or faxed directly to them.
Can your system handle consignment inventory?
Response: You bet! In fact, you can store some consigned, and some purchased of the same item in the same bin. Your suppliers will be able to manage their consigned inventory remotely, and because this system is so accurate they will be less apprehensive about entering into consignment agreements.