bisco industries Blog

Customized Vendor Managed Inventory

When it comes to managing your supply chain vendor managed inventory (VMI) can have a significant impact on the bottom line. Imagine reducing the cost of carrying inventory, replenishing stock automatically, and customizing packaging all in one solution. That’s just a flavor of what a customized VMI program from bisco industries can offer.

At bisco we customize each and every VMI program to meet the unique needs of your business and help you improve profit margins. Here are 3 popular VMI features to help you meet your business challenges: Read more…

VMI Solutions from bisco industries: Bonded Inventory

Bonded inventory (also known as dedicated inventory) is a value added service that bisco offers our clients. Bonded inventory gives you the advantage of high-volume pricing and immediate availability. bisco will stock your dedicated inventory in one of our 7 strategically located warehouses and even use your own custom part numbers. Our bonded inventory program ensures that your products will be delivered on time – at the right time.

Benefits of bonded inventory include:

  • Reduced inventory carrying costs
  • Automatic and targeted inventory shipments preventing production down time
  • Reduced costs by obtaining next price break discounts

Contact your dedicated sales rep to develop a bonded inventory package that meets your unique requirements.

Minimize Risk With Long Term Pricing

Pricing for commodities can fluctuate greatly depending on the cost of raw materials and product availability. That’s why long-term pricing agreements are an important tool for minimizing risk in your supply chain. Long-term pricing agreements ensure that product prices stay the same or within a specified range for a given period of time. By entering into these agreements purchasing managers are able to better forecast costs, typically resulting in higher profit margins.

Keep Costs Predicable With bisco’s Long-Term Pricing Agreements

With over 40 years of industry experience, bisco industries understands how to craft pricing agreements that keep your costs both reasonable and predictable. Minimize risk and maximize profit by working with bisco industries. Our customer representatives are standing by, contact us today!

What the Internet of Things Means for Electronic Manufacturing

There’s a lot of talk about the Internet of Things (IoT) these days and for good reason. The IoT refers to electronic devices communicating and sharing data through wireless connections. For example, your clothes dryer will be able to send an alert to your phone letting you know your clothes are ready.  Not only is the IoT set to change our daily lives but it will also transform electronics manufacturing.

Automated Equipment Monitoring

Instead of requiring constant monitoring from workers, equipment will, in many ways, be self-monitoring. The IoT allows equipment to automatically collect and communicate data such as the number of items produced, down time, and malfunctions to production managers. Using this data, production managers will be able to make real-time decisions to increase efficiency and reduce down time. The end result of manufacturing equipment connected to the IoT will be increased production.

Increased Demand For Connected Devices

While the IoT will likely make manufacturing processes more efficient it will also cause a spike in demand for connected devices. While the IoT is making headlines the demand for connected devices still hasn’t reached a fever pitch. As more end users learn about the benefits of the IoT demand will only rise, driving growth in the electronics manufacturing industry. In fact, “According to new research from International Data Corporation (IDC), the worldwide Internet of Things market will grow from $655.8 billion in 2014 to $1.7 trillion in 2020 with a compound annual growth rate (CAGR) of 16.9%”.

A Partner For The Future

At bisco industries we believe the past informs the future. With over 40 years of experience bisco understands the challenges of technological change. A franchised distributor of electronic components, specialty fasteners, and hardware, bisco industries offers e-commerce shopping as well as a large staff of customer representatives. We’ll help you locate the components you need and more importantly provide the value added services to make your supply chain even more efficient.  Make sure you have reliable a supply partner as you navigate the rapid expansion of the IoT. Contact bisco industries today!

Lean Manufacturing & Component Kitting

Running a lean manufacturing environment? Kitting is a process often utilized in lean manufacturing to reduce material handling and processing times as well as to improve line side assembly. Kitting involves gathering the required components for the manufacturer of a particular assembly or product and packaging them together. Once required a kit can easily be issued to the point of use.

The Challenges of Kitting

Kitting has numerous benefits with the overall objective of reducing processing time for parts and downtime for the assembly lines. Despite the benefits of kitting it is only effective as long as all the components are available. Thus it is imperative that all the members of the supply chain meet deadlines and provide accurate demand information. Many manufacturers who do kitting in-house encounter problems with inaccuracies in their inventory levels. Even if one component is below the required inventory level, production may be delayed. Scenarios like this exemplify how bisco industries can be a key partner in your supply chain.

Contracting Out Kitting

bisco industries will take your bill of materials and package items together to provide production ready kits. That way you only have to monitor inventory levels on a single kit rather than multiple components. bisco industries’ kitting services aid in reducing inventory, inspection, transaction, and acquisition costs. Kitting also streamlines procurement and speeds up the manufacturing cycle.

Learn more about bisco’s kitting services by visiting biscoind.com and locating your local sales representative.

Quality Is Always King

Quality Control Services from bisco industries

Buyers often focus on price and availability as determining factors when choosing a supplier but quality is truly the deciding factor. If products don’t meet quality standards then they are useless. bisco realizes that quality is absolutely key to manufacturers and fabricators and that’s why, in addition to our standard quality inspection process, we offer customizable quality control services.

Common Quality Control Services:

  • Dimensional Inspection
  • Quantity Verification
  • Special Packaging (Example: No packaging “peanuts” or “popcorn”)

The goal of bisco’s quality control services is to ensure that your requirements are met each and every time. That’s also why our quality control services are fully customizable.

As an AS9100/ISO9001 certified company, bisco is committed to quality and was recently named among the top 100 quality leaders by Quality Magazine. To learn more about bisco’s quality control services, contact a local bisco representative today!

4 Ways bisco Connects Your Supply Chain With Excellence

As our customers’ primary source for components and fasteners, we have learned to constantly adapt to our customers’ diverse needs. In so doing, we have developed the ability to provide just about any service our customers require. We understand that providing top-quality service and products is what keeps our customers coming back year after year.

Are you short on time and resources?

Here are four services bisco offers to increase the efficiency of your supply chain:

Cable Assembly

To reduce your in-house production time, bisco industries can pre-assemble cable harnesses at our facility. Not only that but we are able leverage our supplier network to procure all the necessary components from cable ties and wire to connectors and heat shrink. The result is that you save both time and money.

Part Modification

bisco will work with our supplier network to locate the ideal manufacturer for your custom product requirements. We will then work with the manufacturer from prototyping through design to ensure the parts meet your specifications.

Special Labeling and Packaging

Whether you need products packaged a 100 pieces to a bag or labeled with custom barcodes, bisco can deliver parts packaged and labeled to your specifications. Custom packaging and labeling helps speed up warehouse receiving and inventory management in addition to reducing production times.

Electronic Data Interchange (EDI)

Looking to streamline order placement, expediting, and suplly chain communication? bisco will set up an EDI allowing you to locate inventory, obtain pricing, and place orders. bisco’s EDI solutions also allow you to make changes to current orders and request expedites. All this can be accomplished simply by logging into bisco’s secure portal.

To learn more about bisco’s supply chain services contact a local representative today.

3 Core Benefits of Dock-to-Stock Programs

In any business efficiency is a key. That’s why bisco offers customizable dock-to-stock solutions that help your company run at peak efficiency. Dock-to-stock programs put you and your clients first by expediting procurement and receiving processes. This in turn speeds up turn around to end customers which translates into you getting paid faster. Read below to learn even more about how a dock-to-stock program can benefit your company.

Three Core Benefits

  1. Reduces Duplicate Work

Typically, a dock-to-stock program is based on a yearlong contract. So what does this mean for you? Set-up occurs only once instead of every time you need to re-order because your product information is already in the system.

  1. Minimizes Quality Findings

Because orders are prepared in advance, parts aren’t being produced on a whim or in a rush. Planning allows for proper engineering, set-up, and manufacturing.

  1. Reduces inventory

Not having to stock extra inventory in your warehouse saves you time and money since you need less warehouse space and fewer people managing inventory.

Contact Us Today!

Dock-to-stock programs allow you to control the processes of planning, production, and quality assurance. At bisco industries, we work closely with you to setup a program that meets your unique requirements. Call your local sales office for more details about setting up dock-to-stock solutions for your company.

21 Value Added Services from bisco

bisco industries’ greatest strength is our customer service and local support. Our team is trained and equipped with solutions for problems that arise in every step of a products development and production.

Looking for a certain product specifications?

Bisco is an authorized, preferred source for the top manufacturers in the industry with access to spec sheets and technical support.

Ready to order?

bisco has 7 stocking warehouses throughout North America. Our relationship with our top supply partners allows us to receive price breaks that we pass on to our customers.

Still not convinced?

bisco industries, offers a wide range of value added services that will streamline your purchasing and supply chain operations. In fact, here are the top 21 value added services that we offer:

  1. Assembly
  2. Barcoding
  3. Bin Stocking
  4. Bonded Inventory
  5. Consignment Inventory
  6. Consolidated Billing
  7. Dock to Stock
  8. Drop Shipments
  9. Electronic File Sharing / EDI
  10. Electronic Funds Transfer (EFT)
  11. Just-in-Time (JIT) Delivery
  12. KanBan
  13. Kitting
  14. Long Term Pricing
  15. One Stop Shopping
  16. Quality Control
  17. Rebate Program
  18. Schedule Sharing
  19. Special Packaging – Bag and Tag
  20. Special Payment Terms
  21. Vendor Managed Inventory (VMI)

Streamlining Barcode Inventory Systems

Barcoding has many benefits including, reducing human error, improving inventory tracking and expediting receiving and shipping processes. Once a bar coding system has been implemented the biggest challenge is ensuring that all products are labeled and labeled correctly. Accomplishing this can create bottlenecks in your receiving and warehousing departments. However, choosing the right supply partners can go a long way in eliminating these bottlenecks.

What if every product you received, regardless of manufacturer, already had your barcode label?

That’s exactly the type of time and money saving benefit that bisco industries offers.

How we do it:

  1. Our diverse supplier network means we can procure nearly any part from any manufacturer
  2. Our 7 stocking warehouses create barcoding labels to your specifications for all outgoing products.

bisco offers many other services including custom packaging and dedicated inventory. Learn more about bisco’s value added services by contacting a local bisco representative today.

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