Reliable Stock™ Lean VMI Solutions by Falcon

Falcon’s Reliable Stock™ lean VMI program delivers 100% production uptime efficiency, while lowering your overall inventory investment in class C production components and fastening supplies. This is achieved using Falcon’s 35+ years of experience honing our skills in the application of Lean inventory principles coupled with effective supply chain solutions. Clients participating in the Reliable Stock™ program can rely on the fact that their inventory needs are always Falcon’s top priority with an average of 3 months of on-hand inventory maintained by Falcon, and another 3-5 months of inventory on order with our trusted manufacturers.

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Reliable Stock™ Lean VMI Solutions by Falcon

Download Falcon’s Reliable Stock™ brochure today to find out how you could be saving time and money.

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Falcon is pleased to offer the following tiers of service within the Reliable Stock™ program that can be customized to meet your manufacturing needs for ordering, receiving and stocking inventory:

Reliable Stock™ CMO

The Reliable Stock™ Client Managed Ordering (CMO) program is ideal for clients who prefer to manage their ordering.Learn More

Reliable Stock™ FMO

The Reliable Stock™ Falcon Managed Ordering (FMO) program is a more robust vendor Managed Inventory (VMI) solution.Learn More

Reliable Stock™ Ready Inventory

Reliable Stock™ Ready Inventory provides the convenience of readily-available onsite inventory without the upfront investment.Learn More

Reliable Stock™ Onsite Branch

The Reliable Stock™ Onsite Branch is Falcon Fastening’s soup-to-nuts, fully-integrated approach to vendor managed inventory (VMI).Learn More
Reliable Stock™
CMO
Reliable Stock™
FMO
Reliable Stock™
Ready Inventory
Reliable Stock™
Onsite Branch
Ordering Client Falcon Client or Falcon Falcon
Dedicated Client Advocate Yes Yes Yes Yes
Bins, Labels, Scanner Available Yes Yes Yes
POU Replenishment Available Yes N/A Yes
Central Stock Replenishment Available Available Available Available
In-Plant Store N/A N/A N/A Yes
Quarterly Review Yes Yes Yes Yes
Kaizen Event Yearly Yearly Yearly 6 mo.
6 S N/A 6 mo. 6 mo. Quarterly
Automated Invoicing Available Available Available Available

Falcon Fastening’s Lean Approach to Inventory Management

Kanban

Most of our programs incorporate the use of the Kanban method for inventory management; A visual approach, with bin 1 containing a minimum stock quantity used in production, and bin 2 as a reserve to meet demand until bin 1 is replenished. We also offer a 1 bin system using the same principle. This is a true “pull” system where inventory is replaced based on demand.

Barcode Labeling and Scanning

Falcon’s technology-driven reordering system uses barcoded labeling and a handheld scanner to assist in managing the ordering process for fasteners and class “C” production components. Parts are only replenished based on actual usage, fulfilling one of the key principles of lean manufacturing: “Flow where you can, pull where you can’t, never push.” Our solution offers a true pull system.

Our barcode system eliminates the tedious process of checking inventory levels, filling out requisitions, sourcing, inspecting (link to quality), carrying inventory and expediting overdue orders. Reordering material becomes a simple process of scanning the labels for items below minimum stock level. The scanned information is uploaded directly into our computer system, a pick ticket is generated for products needing replenishment, and they are delivered to your storage location on an agreed-upon cycle. Falcon assumes full responsibility for ensuring you have what is required to build your finished product. We can implement this program at either a central stock area or at point of use (POU) locations.

These two systems flow into our proprietary inventory management software and offer improved responsiveness to any changes in demand, either for additional material, or stop the flow of non-needed product. This allows us to manage inventory levels by rule and by exception.