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…
bisco Ranks #19 on 2017 Top 50 Electronics Distributors List
bisco industries is now among the top 20 electronics distributors in the world according to SourceToday’s (formerly Global Purchasing) 2017 Top 50 Electronics Distributors List. bisco’s ranking at nineteen (19) marks a move up of two spots from the 2016 ranking. In addition, 2017 is the 6th consecutive year that bisco has ranked among the top 25 distributors.
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.
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