Supply Chain & Material Management Services
Don’t spend big dollars trying to reinvent the wheel
IC Electronic Components is a leader in providing consulting services that enable you to:
· Reduce your total cost of inventory acquisition and ownership.
· Create and maintain asset-less based Supply Chains
· Create Distributor, Catalog, Direct and independent representation sales and supply strategies
Supply Chain Management group is dedicated to enabling customers
to increase efficiency and reduce both time-to-market and cost-to-market by
reducing the overall costs of the procurement and materials management
processes. Our Supply Chain Management group is staffed with people from
manufacturing and operation environments; people with extensive expertise in
manufacturing, procurement and materials management.
IC Electronic Components can provide you with strong asset consultants to improve performance-to-schedule and help manage replenishment logistics in a way that minimizes transaction costs and operating costs. By providing the answers needed for better procurement planning, we help to reduce and shorten time-to-market. When we help customers anticipate needs, they can begin to deploy their resources more cost-effectively. Managing inventories is just the tip of the iceberg and having the lowest possible inventory and operating costs can maximize market potential. We help drive overhead costs out of the supply chain.
Supply Chain Management tools
a. Dock to stock
b. Real time inventory status
c. Managed forecast
d. In-plant stores
b. Turnkey programs
c. Logistical warehouse (3PL
Supply Chain Management:
There are many methods of managing material in response to your
customer's specific needs. The Supply Chain Management team will evaluate your
customer needs and establish a unique method for each individual customer.
When a customer desires a change in materials acquisition processes, needs to
reduce transaction costs, and more effectively manage materials; Supply Chain
Management can assist in providing an improved method. Supply Chain Management
personnel are available for on-site evaluation and consultation to assist in
developing a materials management solution tailored specifically for your
needs. Our belief is that pre-structured, static programs do not always take
into account your specific needs. Supply Chain Management personnel will
review and analyze your procurement process, your production scheduling, and
your logistics planning to assist you in fine tuning and increasing the
efficiency of your processes.
Definition: The computer to computer exchange of information.
Benefits: Reduce cost of acquisition, improved quality of information, speed of transactions
Profile: Advanced computer systems, willingness to trade information electronically
Definition: Industry standard marking of packages allowing automated identification and receiving.
Benefits: Reduce cycle time, facilitates automated part routing
Profile: Quality conscious customer with moderate to high level of system capability. InstoComp's bar coding consultants will get your operation running more smoothly by helping you save time and labor while increasing your throughput in receiving and material tracking. Additional benefits derived from our bar coding expertise include helping you efficiently move, store, control, and protect inventory which leads to improved productivity on your manufacturing floor.
Definition: Customer typically uses a two bin system where an empty bin is immediately replenished.
Capabilities: Kan-Ban (Min-Max) methodology
Benefits: Supplier manage inventory levels based on customer forecasted usage, eliminates stock outs. Provides for un-planned customer demand.
Profile: Customer has ability to forecast in a medium to high volume production environment. Auto replenishment is for select customers. Inventory replenishment depends upon some degree of predictability and reliability of work order schedules. Inventory auto replenishment reduces procurement and inventory costs. With auto replenishment orders are sent electronically, often from a PC on a production line. Typically a two-bin system for parts is used in a low mix, high volume environment. When one bin is empty a scanner is used to wand the bar code of the bin. The scanner is plugged into the PC which transmits the order requirements via electronic data interchange to the supplier. The distributor would then deliver another bin of parts before the second bin was empty. Procurement costs are reduced because there are no paper purchase orders to maintain. Inventory is reduced and turns are increased. There are many different versions of auto replenishment distributor programs.
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