|
|
|
PO changes & acknowledgments
|
|
|
Planning schedules with releases
|
|
|
Advanced ship & billing notices
|
|
|
Speeds transaction time and lowers cost
|
|
|
Processes orders from order to cash, plus peripherals according to JIT needs
|
|
|
Eliminates manual re-entry of data
|
|
|
Available with Harbinger EDI system (ANSI X .12 standard)
|
|
|
Reduces paperwork and phone calls
|
|
|
Ability to customize our system to meet your needs
|
|
|
Monitored by full-time EDI coordinator
|
|
|
Reduces time lost in shipping large documents like forecasts and MRP's
|
|
|
Ensures accuracy of the order
|
|
|
Converts almost any other electronic data interchange software package
|
|
|
Handles and tracks your product from receiving dock through to production area
|
|
|
NRC On-Site Stores & Terminals
|
|
The cost savings start the day your in-plant store is opened. Immediately deplete your safety stock and other inventory situations that require less than a week of on-hand inventory.
This provides a significant reduction of carrying costs. In addition, our real-time, on-line computer terminals allow customers to check inventory, cross parts, place purchase orders, and access product specifications.
Within the first year, our customers realize the full potential of having NRC manage their inventory.
After implementation of the program instituted at the above customer, realizations of inventory targets were achieved by the end of the first year. This was partially due to reduction of on hand inventory that in some cases was no longer used, due to obsolescence of customers end product or an interim engineering change.
|
|
Annual
Cost Savings Comparison: In-Plant Store * |
 |
In-Plant Store |
|
|
Without
|
With |
| Passives
Purchased |
10,000,000 |
10,000,000
|
| On
Hand Inventory (1) |
2,000,000 |
303,030 |
| Inventory
Turns |
5 |
33
|
| Associated
Cost |
| Inventory
Carrying Costs (2) |
360,000 |
54,545 |
| Personnel
(3) |
195,000 |
55,000 |
| Freight
Charges (4) |
120,000 |
60,000 |
|
| Total
Cost |
675,000 |
169,545
|
| Annual
Cost Savings |
|
505,455 |
|
|
| *
In US Dollars |
- From "With" column: $303,030 In Process
- Assumes carrying cost rate of 18%.
- Assumes the customer employs 5 people;
2 Planning ($40K/yr), 1 Purchasing ($50K/yr), 2 Receiving
& Inspection ($30K/yr). Implant Stores would only
require 1 strategic person for purchasing.
- Freight charges split 50/50
|
|
|
This is the very heart of a successful alliance. Each company must share information as if they were one. The transition of data must be seamless. This would include an on-site representative to sit in on schedule meetings, and/or any meetings dealing with but not limited to, demand changes or engineering changes in order to capitalize on the flow of data.
|
|
|
As the specialists in inventory management; we are given the ability to perform our jobs correctly. At the facilities we currently service, we are accepted as a member of the team, not an outsider infringing on another persons job.
|
|
|
A valiant effort must be given to work as a team to administrate the supply base with all departments involved (Purchasing, engineering, quality, accounting, etc).
|
|
|
